Albany
Albany International Corp., commonly referred to as Albany, is a leading global provider of advanced textiles and materials, headquartered in the United States. Established in 1895, the company has evolved significantly, focusing on the aerospace and industrial markets, with major operations across North America and Europe. Albany is renowned for its innovative products, including engineered fabrics and composite materials, which are distinguished by their durability and performance. The company has achieved notable milestones, such as pioneering advancements in lightweight materials that enhance fuel efficiency in aerospace applications. With a strong market position, Albany International has garnered recognition for its commitment to quality and sustainability, making it a trusted partner in the textile and materials industry. Its dedication to research and development continues to drive growth and innovation, solidifying its reputation as a leader in the field.
DitchCarbon Score
How does Albany'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 Business Services 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
Albany's score of 25 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Albany's reported carbon emissions
In 2023, Albany International Corp. reported total carbon emissions of approximately 57,756,000 kg CO2e, comprising 20,367,000 kg CO2e from Scope 1 and 37,389,000 kg CO2e from Scope 2. The company has committed to near-term reduction targets but has not set a net-zero commitment. Their emissions intensity for Scope 1 and 2 is about 0.0503 kg CO2e per USD of revenue. In 2022, Albany's emissions were slightly lower at approximately 56,413,000 kg CO2e, with Scope 1 emissions at 19,176,000 kg CO2e and Scope 2 emissions at 37,237,000 kg CO2e. The company has shown a consistent approach to monitoring and reporting emissions, although specific reduction targets have not been disclosed. Albany's climate commitments include a focus on reducing emissions within the electrical equipment and machinery sector, with a commitment status of "Committed" for their near-term targets. However, they have not established a long-term reduction target or a net-zero goal. The company continues to engage in sustainability practices, reflecting an ongoing commitment to addressing climate change.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 19,176,000 | 00,000,000 |
| Scope 2 | 37,237,000 | 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.
Albany is participating in some 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.
