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 Type | Scope of Target | Unit | Target | Target 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 | -30%a | 2035 |
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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.a
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.a
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.a
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.a