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 26 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Woodward, Inc.'s reported carbon emissions
In 2023, Woodward, Inc. reported total carbon emissions of approximately 97,390,000 kg CO2e, comprising about 9,739,000 kg CO2e from Scope 1 and about 74,479,000 kg CO2e from Scope 2 emissions. This reflects a slight increase in Scope 1 emissions from 9,353,000 kg CO2e in 2022, while Scope 2 emissions rose marginally from 74,046,000 kg CO2e in the previous year. Woodward has set a long-term commitment to achieve net-zero emissions across all scopes by 2050 or sooner, with this target covering 100% of their assets under management (AUM) as of 2023. This ambitious goal aligns with industry standards for climate action and demonstrates the company's dedication to sustainability. The emissions data is not cascaded from any parent organisation, indicating that Woodward, Inc. independently reports its emissions and climate commitments. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Overall, Woodward, Inc. is actively working towards reducing its carbon footprint while adhering to its net-zero target, reflecting a proactive approach to climate change mitigation.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 9,686,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 53,442,000 | 00,000,000 | 00,000,000 |
| 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 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.
