Carpenter Technology
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 32 is higher than 84% 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 reported total carbon emissions of approximately 536,000 kg CO2e, comprising about 229,000 kg CO2e from Scope 1 and about 307,000 kg CO2e from Scope 2. This marks a reduction from 2022, where total emissions were about 350,000 kg CO2e, with Scope 1 emissions at approximately 274,000 kg CO2e and Scope 2 at about 286,000 kg CO2e. The company has consistently disclosed its emissions data for Scope 1 and Scope 2 over the past few years, with 2021 emissions recorded at about 266,630,000 kg CO2e, and 2020 emissions at approximately 260,185,000 kg CO2e. Notably, in 2019, Carpenter Technology's emissions reached about 350,000,000 kg CO2e. Despite these figures, there are currently no specific reduction targets or climate pledges outlined by Carpenter Technology. The absence of Scope 3 emissions data suggests a potential area for future reporting and commitment. As the company continues to navigate its climate responsibilities, it remains crucial for them to establish clear reduction initiatives to align with industry standards and expectations.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 299,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000 |
| Scope 2 | 51,000,000 | 00,000,000 | 00,000,000 | 000,000 | 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.
Carpenter Technology 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.
