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 29 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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Carpenter Technology's reported carbon emissions
In 2023, Carpenter Technology Corporation reported total carbon emissions of approximately 307,000,000 kg CO2e, comprising about 274,000,000 kg CO2e from Scope 1 emissions and about 33,000,000 kg CO2e from Scope 2 emissions. This reflects a slight increase from 2022, when total emissions were about 286,000,000 kg CO2e, with Scope 1 emissions at approximately 258,000,000 kg CO2e and Scope 2 emissions at about 28,000,000 kg CO2e. Over the past few years, Carpenter Technology has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has not reported any Scope 3 emissions, which typically encompass indirect emissions from the supply chain and product use. Carpenter Technology's emissions data is not cascaded from any parent organisation, indicating that the figures are independently reported. The company continues to focus on sustainability within the steel industry, where it has reported emissions intensities of about 190 kg CO2e per tonne of crude steel produced in 2022. Overall, while Carpenter Technology has made strides in transparency regarding its emissions, further details on specific reduction commitments or initiatives would enhance its climate action narrative.
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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 | - | - | - | - | - |
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.
