Textron
Textron Inc., a diversified multinational corporation headquartered in the United States, has established itself as a leader in the aerospace and defence, industrial, and finance sectors since its founding in 1923. With a strong presence in North America, Europe, and Asia, Textron operates through well-known brands such as Bell, Cessna, and Textron Systems, offering a wide range of innovative products and services. The company is renowned for its advanced aircraft, military vehicles, and industrial solutions, which are distinguished by their cutting-edge technology and reliability. Textron's commitment to quality and innovation has positioned it as a key player in the global market, achieving notable milestones such as the development of the V-22 Osprey and the Cessna Citation series. With a focus on sustainability and customer satisfaction, Textron continues to drive progress across its diverse business areas.
DitchCarbon Score
How does Textron'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
Textron's score of 28 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Textron's reported carbon emissions
In 2023, Textron reported total carbon emissions of approximately 422,401,000 kg CO2e. This figure includes Scope 1 emissions of about 240,815,000 kg CO2e and Scope 2 emissions of approximately 180,808,000 kg CO2e. The company also disclosed significant Scope 3 emissions, with the largest contributions coming from the use of sold products (about 1,265,729,000 kg CO2e) and purchased goods and services (approximately 533,487,000 kg CO2e). Textron has set an ambitious target to achieve a 20% reduction in greenhouse gas (GHG) emission intensity by 2025, relative to a baseline established in 2019. This target applies to both Scope 1 and Scope 2 emissions, reflecting the company's commitment to improving its environmental performance and reducing its carbon footprint. Over the past few years, Textron's total emissions have fluctuated, with a notable decrease from approximately 466,223,000 kg CO2e in 2021 to the current figure in 2023. This trend indicates progress towards their climate commitments, although the company continues to face challenges in managing its Scope 3 emissions, which represent a significant portion of its overall carbon footprint. Textron's ongoing efforts to reduce emissions align with industry standards and reflect a growing recognition of the importance of sustainability in corporate operations.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 183,644,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 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.
Textron 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.
