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Headquartered in the US, Textron Inc., often simply known as Textron, is a global multi-industry company pioneering advancements across diverse sectors. Founded in 1923, Textron has evolved into a leading force in air transport services and various other industries, consistently driving innovation and technological excellence.
Textron's extensive portfolio encompasses aircraft manufacturing through brands like Cessna and Bell, defence systems, industrial products, and finance. Their unique blend of advanced engineering and strategic diversification positions them as a key player in aviation, offering a comprehensive suite of solutions from business jets and helicopters to military aircraft.
This diversified approach allows Textron to maintain a robust market position, serving both commercial and government clients worldwide. Their commitment to cutting-edge technology and a broad range of high-quality products and services underpins their long-standing success in the global marketplace.
-1 vs industry average
Textron’s score of 17 is lower than 42% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Air Transport is among the most carbon-intensive industries
The Air Transport industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
In 2024, Textron reported total emissions of approximately 397,839,000 kg CO2e, comprising 231,420,000 kg CO2e from Scope 1 and 166,419,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data, indicating a gap in their reporting on upstream and downstream activities.
Textron's emissions have shown fluctuations over recent years. In 2023, the total emissions were approximately 423,085,000 kg CO2e, with Scope 1 emissions at 240,857,000 kg CO2e and Scope 2 emissions at 182,228,000 kg CO2e. In 2022, the total was about 439,297,000 kg CO2e, with Scope 1 at 268,268,000 kg CO2e and Scope 2 at 171,029,000 kg CO2e.
Despite these figures, Textron has not set specific reduction targets or initiatives as part of their climate commitments, nor have they reported any Science-Based Targets Initiative (SBTi) targets. The absence of documented reduction initiatives suggests that the company may need to enhance its climate strategy to align with industry standards and expectations.
Textron's headquarters is located in the United States, and their emissions data is sourced directly from Textron Inc. without any cascading from a parent organisation. The company continues to face challenges in fully disclosing its carbon footprint, particularly regarding Scope 3 emissions, which are critical for a comprehensive understanding of its environmental impact.
No climate goals have been disclosed for Textron yet.
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