Howmet Aerospace
Howmet Aerospace Inc., headquartered in the United States, is a leading player in the aerospace and defence industry, specialising in advanced engineered solutions. Founded in 1888, the company has evolved significantly, marking key milestones in innovation and sustainability. With major operational regions across North America, Europe, and Asia, Howmet Aerospace focuses on producing high-performance metal components and systems, particularly in the areas of aerospace fasteners, turbine engines, and additive manufacturing. What sets Howmet apart is its commitment to cutting-edge technology and sustainable practices, ensuring that its core products meet the rigorous demands of the aerospace sector. The company holds a strong market position, recognised for its contributions to both commercial and military aviation, and has achieved notable accolades for its advancements in lightweight materials and manufacturing processes.
DitchCarbon Score
How does Howmet Aerospace'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 Air Transport 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
Howmet Aerospace's score of 36 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Howmet Aerospace's reported carbon emissions
In 2023, Howmet Aerospace reported total greenhouse gas emissions of approximately 2,240,000,000 kg CO2e, comprising 390,000,000 kg CO2e from Scope 1, 420,000,000 kg CO2e from Scope 2 (location-based), and 2,240,000,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its emissions, aiming for a 21.5% reduction in absolute Scope 1 and Scope 2 emissions by 2024, using 2019 as the baseline year. Furthermore, Howmet has committed to a significant reduction of 33.6% in combined Scope 1 and Scope 2 emissions by 2027, also against the 2019 baseline. In terms of historical performance, Howmet achieved a 19.2% reduction in direct and indirect GHG emissions from 2019 to 2020, with total emissions recorded at 800,000 metric tons in 2020. The company is also targeting net zero emissions by 2050, which necessitates an annual reduction of 4.2% from its 2019 emissions levels. Howmet Aerospace's emissions data is sourced directly from its own reporting, with no cascaded data from parent companies. The company actively discloses its emissions across all scopes, demonstrating a commitment to transparency and accountability in its climate initiatives.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 420,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 600,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,720,000,000 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Howmet Aerospace is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
