Hexcel Corporation Sustainability Profile
Hexcel Corporation, a leading global provider of advanced composite materials, is headquartered in the United States. Founded in 1948, the company has established a strong presence in key operational regions, including Europe and Asia, serving diverse industries such as aerospace, automotive, and wind energy. Specialising in carbon fibre, honeycomb, and prepreg materials, Hexcel's innovative products are renowned for their lightweight and high-strength properties, making them essential for modern engineering applications. The company has achieved significant milestones, including partnerships with major aerospace manufacturers, solidifying its position as a market leader. With a commitment to sustainability and cutting-edge technology, Hexcel continues to push the boundaries of composite solutions, contributing to advancements in performance and efficiency across various sectors.
DitchCarbon Score
How does Hexcel Corporation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Plastic production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Hexcel Corporation's score of 12 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hexcel Corporation's reported carbon emissions
In 2023, Hexcel Corporation reported total carbon emissions of approximately 185,002,000 kg CO2e for Scope 1 and 155,978,000 kg CO2e for Scope 2 (market-based). This reflects a slight decrease in Scope 1 emissions from 188,140,000 kg CO2e in 2022, while Scope 2 emissions remained relatively stable compared to the previous year. The company has disclosed emissions data for both Scope 1 and Scope 2 but has not reported any Scope 3 emissions. Hexcel's emissions intensity for Scope 1 and 2 combined was approximately 0.301 kg CO2e per USD of revenue in 2023, down from 0.319 kg CO2e per USD in 2022. This indicates a commitment to improving operational efficiency and reducing carbon output relative to revenue generation. Despite the absence of specific reduction targets or initiatives, Hexcel Corporation is actively engaged in sustainability practices, as evidenced by its participation in the CDP (Carbon Disclosure Project). However, no specific science-based targets (SBTi) or climate pledges have been reported. Overall, Hexcel Corporation's emissions data and commitment to sustainability reflect a proactive approach to managing its carbon footprint, aligning with industry standards for climate accountability.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 196,449,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 183,699,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Hexcel Corporation's Industry?
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Hexcel Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hexcel Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
