Carpenter Technology Sustainability Profile
Carpenter Technology Corporation, commonly referred to as Carpenter, is a leading player in the specialty metals industry, headquartered in the United States. Founded in 1889, the company has established a strong presence in key operational regions, including North America and Europe, focusing on the production of high-performance alloys and advanced materials. Carpenter's core offerings include stainless steels, titanium alloys, and other engineered materials, which are renowned for their exceptional quality and performance in demanding applications. The company has achieved significant milestones, including innovations in additive manufacturing and a commitment to sustainability, positioning itself as a trusted partner in industries such as aerospace, automotive, and medical. With a robust market position, Carpenter Technology continues to set benchmarks in material science and engineering excellence.
DitchCarbon Score
How does Carpenter Technology'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 Electrical Machinery 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
Carpenter Technology's score of 29 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Carpenter Technology's reported carbon emissions
In 2023, Carpenter Technology Corporation reported total carbon emissions of approximately 307 million kg CO2e. This figure comprises 274 million kg CO2e from Scope 1 emissions and 33 million kg CO2e from Scope 2 emissions. Notably, there is no reported data for Scope 3 emissions. Over the past few years, Carpenter Technology has demonstrated a commitment to reducing its carbon footprint. In 2022, the company recorded total emissions of about 286 million kg CO2e, which included 258 million kg CO2e from Scope 1 and 28 million kg CO2e from Scope 2. This indicates a slight increase in total emissions from 2022 to 2023. Despite the absence of specific reduction targets or initiatives, Carpenter Technology is actively engaged in sustainability efforts, as evidenced by its participation in the CDP (Carbon Disclosure Project). However, there are currently no disclosed science-based targets (SBTi) or formal climate pledges. Carpenter Technology's emissions data is not cascaded from any parent organisation, indicating that the reported figures are solely from its own operations. The company continues to focus on enhancing its sustainability practices within the steel industry, which is known for its significant carbon emissions.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 299,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 51,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Carpenter Technology's Industry?
How Carbon Intensive is Carpenter Technology's Location?
Carpenter Technology's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Carpenter Technology has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
