Carpenter Technology Corp

Common Name
Carpenter Technology
Country
United States
Sector
Industrials
Industry
Metal Fabrication
Employees
4,600
Ticker
CRS
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Carpenter Technology Corporation specializes in the development, manufacturing, and distribution of high-performance specialty alloys, including stainless steels, long-wear alloys, and titanium base a...

Carpenter Technology's Climate Target Data Preview

As of 2023, Carpenter Technology has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Carpenter Technology ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Material Sold/Delivered
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2035

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Carpenter Technology's Greenhouse Gas Emissions Pathways

As of 2023, Carpenter Technology has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Carpenter Technology have a target to reduce the emissions from its operations?

As of 2023, Carpenter Technology has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Carpenter Technology's most ambitious operational target is to reduce these emissions by 30% by 2035, compared to a baseline of 2.93 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Material Sold/Delivered in 2019.

Instead of reducing operational emissions, Carpenter Technology has increased them, with 2022 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.

Carpenter Technology's Operational (Scope 1+2) Emissions Pathway

20192022203500.81.62.43.2Current (+7%)Target 2035 (-30%)
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