Hexcel Corporation
Hexcel Corporation, a leading global provider of advanced composite materials, is headquartered in the United States. Founded in 1948, the company has established a strong presence in key operational regions, including Europe and Asia, serving diverse industries such as aerospace, automotive, and wind energy. Specialising in carbon fibre, honeycomb, and prepreg materials, Hexcel's innovative products are renowned for their lightweight and high-strength properties, making them essential for modern engineering applications. The company has achieved significant milestones, including partnerships with major aerospace manufacturers, solidifying its position as a market leader. With a commitment to sustainability and cutting-edge technology, Hexcel continues to push the boundaries of composite solutions, contributing to advancements in performance and efficiency across various sectors.
DitchCarbon Score
How does Hexcel Corporation'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 Plastic production 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
Hexcel Corporation's score of 17 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hexcel Corporation's reported carbon emissions
In 2023, Hexcel Corporation reported total carbon emissions of approximately 340,980,000 kg CO2e, comprising about 185,002,000 kg CO2e from Scope 1 and about 155,978,000 kg CO2e from Scope 2 emissions. This reflects a slight decrease from 2022, where emissions were approximately 339,325,000 kg CO2e, with Scope 1 emissions at about 188,140,000 kg CO2e and Scope 2 emissions at about 150,186,000 kg CO2e. Hexcel has consistently disclosed its Scope 1 and Scope 2 emissions, but it has not provided data for Scope 3 emissions. The company has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future focus. The revenue intensity of emissions has shown variability, with 2023 reporting a Scope 1 and 2 revenue intensity of about 188.0 kg CO2e per million USD of revenue. Overall, while Hexcel Corporation has made strides in tracking and reporting its emissions, the absence of defined reduction targets suggests that further commitments may be necessary to align with industry standards for climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 196,449,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 183,699,000 | 000,000,000 | 000,000,000 | 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.
Hexcel Corporation 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.
