In 2024, Albany International completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
However, Albany International has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 31,085a | 22,371a | 20,502a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 55,588a | 53,607a | 46,695a | |
Total Scope 3 | 644,029a | 827,218a | 704,387a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 25.2597a | 19.4885a | 19.8109a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Albany International amounted to 86,673 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Albany International increased by 14.08%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Albany International were 31,085 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Albany International's Scope 1 emissions have increased by 54.45%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Albany International's Scope 1 emissions increased by 38.95%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Albany International reported Scope 2 greenhouse gas (GHG) emissions of 55,588 tCO₂e without specifying the calculation method.a
Since 2020, Albany International's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 58.13%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Albany International's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Albany International's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Albany International reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Albany International reported 644,029 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Albany International includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Albany International reported total Scope 3 emissions of 644,029 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Albany International's Scope 3 emissions decreased by 22.15%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Albany International reported Scope 1 greenhouse gas (GHG) emissions of 31,085 tCO₂e and total revenues of USD 1,231 millions. This translates into an emissions intensity of 25.26 tCO₂e per millions USD.a
In 2024, Albany International reported a Scope 1 emissions intensity of 25.26 tCO₂e per millions USD. Compared to the peer group median of 115.33, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Albany International ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Albany International among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Albany International reported a total carbon footprint of 730,702 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.1% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Albany International's total carbon footprint was Scope 3 emissions, accounting for 88.14% of the company's total carbon footprint, followed by Scope 2 emissions at 7.61%.a