Woodward, Inc.
Woodward, Inc., a leading player in the aerospace and industrial sectors, is headquartered in the United States. Founded in 1870, the company has established a strong presence in key operational regions, including North America, Europe, and Asia. Woodward is renowned for its innovative control systems and components, which enhance the performance and efficiency of engines and turbines. With a focus on advanced technologies, Woodward offers a diverse range of products, including fuel control systems, electronic controls, and energy management solutions. These offerings are distinguished by their reliability and precision, making them essential for various applications in aviation, power generation, and industrial processes. As a market leader, Woodward has achieved significant milestones, including strategic acquisitions and a commitment to sustainability, solidifying its position as a trusted partner in the global energy and aerospace markets.
DitchCarbon Score
How does Woodward, Inc.'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 Transport Equipment Manufacturing 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
Woodward, Inc.'s score of 31 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Woodward, Inc.'s reported carbon emissions
In 2023, Woodward, Inc. reported total carbon emissions of approximately 3.3 kg CO2e for Scope 1 and 26.0 kg CO2e for Scope 2. This reflects a decrease from 2022, where emissions were about 3.9 kg CO2e for Scope 1 and 31.0 kg CO2e for Scope 2. In 2021, the company recorded emissions of approximately 4.3 kg CO2e for Scope 1 and 33.0 kg CO2e for Scope 2. Despite these reductions, Woodward has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The company’s emissions data shows a trend towards decreasing emissions intensity relative to revenue, with Scope 1 emissions at about 3.3e-06 kg CO2e per $1000 of sales in 2023, down from 4.3e-06 kg CO2e in 2021. Overall, while Woodward, Inc. has made progress in reducing its carbon footprint, the absence of formal reduction targets suggests that further initiatives may be necessary to enhance its climate commitments.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 4.3 | 0.0 | 0.0 |
| Scope 2 | 33 | 00 | 00 |
| Scope 3 | - | - | - |
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.
Woodward, Inc. is not committed to any reduction initiatives 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.
