Carpenter Technology Corp

Common Name
Carpenter Technology
Country
United States
Sector
Industrials
Industry
Metal Fabrication
Employees
4,500
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 GHG Emissions Data Preview

In 2023, Carpenter Technology 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) and Scope 2 (indirect emissions from purchased energy).

However, Carpenter Technology has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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b
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Location-Based
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Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
0000000
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Verified Sources Behind Carpenter Technology’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Carpenter Technology’s data sources below and access millions more through our Disclosure Search.

a. Carpenter Technology's ESG Data Spreadsheet 2023
a. Carpenter Technology's ESG Data Spreadsheet 2023
b. Carpenter Technology's Sustainability Report 2024
b. Carpenter Technology's Sustainability Report 2024

Insights into Carpenter Technology's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Carpenter Technology amounted to 307,064 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 b

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Carpenter Technology increased by 7.52%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Carpenter Technology's Scope 1 Emissions Over Time

20192020202120222023075 k150 k225 k300 ktCO2e-23%+5%+7%+6%
  • Total Scope 1
  • Year-over-Year Change

What are Carpenter Technology's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Carpenter Technology were 274,064 metric tons of CO₂ equivalent (tCO₂e). a

Has Carpenter Technology reduced its Scope 1 emissions over time?

Since 2019, Carpenter Technology's Scope 1 emissions have decreased by 8.34%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Carpenter Technology's Scope 1 emissions increased by 6.4%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Carpenter Technology's Scope 2 emissions?

In 2023, Carpenter Technology reported Scope 2 greenhouse gas (GHG) emissions of 33,000 tCO₂e using the market-based method. b

Has Carpenter Technology reduced its Scope 2 emissions over time?

Since 2019, Carpenter Technology's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have decreased by 35.29%, reflecting a declining long-term trend in Scope 2 emissions over time. b

Compared to the previous year (2022), Carpenter Technology's Scope 2 emissions (Market-Based) rose by 17.86% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy b

What methodology does Carpenter Technology use for Scope 2 reporting?

In 2023, Carpenter Technology reported its Scope 2 emissions using the market-based method. b

Carpenter Technology's Scope 2 Emissions Over Time

20192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Market-Based

Insights into Carpenter Technology’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Carpenter Technology reported Scope 1 greenhouse gas (GHG) emissions of 274,064 tCO₂e and total revenues of USD 2,550 millions. This translates into an emissions intensity of 107.46 tCO₂e per millions USD. a

Carpenter Technology's Scope 1 Emissions Intensity Compared to Peers

1001,00020,000200,0002,000,000Scope 1 Emissions (tCO2e)2005002,0005,00020,000Revenues (Millions of USD)Worthington EnterprisesYear: 2024Scope 1: 47,864 tCO2eRevenue: $M 1,246Scope 1 Intensity: 38.42 tCO2e/$MWatts Water TechnologiesYear: 2024Scope 1: 10,712 tCO2eRevenue: $M 2,252Scope 1 Intensity: 4.76 tCO2e/$MAdvanced Energy IndustriesYear: 2023Scope 1: 1,669 tCO2eRevenue: $M 1,656Scope 1 Intensity: 1.01 tCO2e/$MZurn Elkay Water SolutionsYear: 2023Scope 1: 12,486 tCO2eRevenue: $M 1,531Scope 1 Intensity: 8.16 tCO2e/$MGATXYear: 2024Scope 1: 14,231 tCO2eRevenue: $M 1,586Scope 1 Intensity: 8.98 tCO2e/$MAir LeaseYear: 2023Scope 1: 5,599 tCO2eRevenue: $M 2,685Scope 1 Intensity: 2.09 tCO2e/$MFirst AdvantageYear: 2024Scope 1: 294 tCO2eRevenue: $M 860Scope 1 Intensity: 0.34 tCO2e/$MGeo GroupYear: 2023Scope 1: 51,942 tCO2eRevenue: $M 2,413Scope 1 Intensity: 21.52 tCO2e/$MLouisiana-PacificYear: 2024Scope 1: 182,000 tCO2eRevenue: $M 2,941Scope 1 Intensity: 61.88 tCO2e/$MATIYear: 2024Scope 1: 430,738 tCO2eRevenue: $M 4,362Scope 1 Intensity: 98.75 tCO2e/$MArmstrong World IndustriesYear: 2023Scope 1: 198,000 tCO2eRevenue: $M 1,295Scope 1 Intensity: 152.87 tCO2e/$MBizLink HoldingYear: 2024Scope 1: 5,226 tCO2eRevenue: $M 1,651Scope 1 Intensity: 3.17 tCO2e/$MSPX TechnologiesYear: 2023Scope 1: 11,440 tCO2eRevenue: $M 1,741Scope 1 Intensity: 6.57 tCO2e/$MGracoYear: 2023Scope 1: 14,247 tCO2eRevenue: $M 2,196Scope 1 Intensity: 6.49 tCO2e/$MNordsonYear: 2023Scope 1: 5,986 tCO2eRevenue: $M 2,629Scope 1 Intensity: 2.28 tCO2e/$MMueller IndustriesYear: 2024Scope 1: 63,436 tCO2eRevenue: $M 3,769Scope 1 Intensity: 16.83 tCO2e/$MDolby LaboratoriesYear: 2023Scope 1: 975 tCO2eRevenue: $M 1,300Scope 1 Intensity: 0.75 tCO2e/$MMSA SafetyYear: 2024Scope 1: 4,096 tCO2eRevenue: $M 1,808Scope 1 Intensity: 2.27 tCO2e/$MRockwell AutomationYear: 2024Scope 1: 26,604 tCO2eRevenue: $M 8,264Scope 1 Intensity: 3.22 tCO2e/$MCopartYear: 2024Scope 1: 91,800 tCO2eRevenue: $M 4,237Scope 1 Intensity: 21.67 tCO2e/$MKirbyYear: 2023Scope 1: 770,400 tCO2eRevenue: $M 3,092Scope 1 Intensity: 249.19 tCO2e/$MTopBuildYear: 2024Scope 1: 133,512 tCO2eRevenue: $M 5,330Scope 1 Intensity: 25.05 tCO2e/$MESABYear: 2024Scope 1: 49,000 tCO2eRevenue: $M 2,741Scope 1 Intensity: 17.88 tCO2e/$MSnap-OnYear: 2024Scope 1: 32,494 tCO2eRevenue: $M 5,108Scope 1 Intensity: 6.36 tCO2e/$MCarpenter TechnologyYear: 2023Scope 1: 274,064 tCO2eRevenue: $M 2,550Scope 1 Intensity: 107.46 tCO2e/$M

How does Carpenter Technology's GHG emissions intensity compare to its peers?

In 2023, Carpenter Technology reported a Scope 1 emissions intensity of 107.46 tCO₂e per millions USD. Compared to the peer group median of 7.36 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Carpenter Technology rank on GHG emissions intensity within its industry?

In 2023, Carpenter Technology ranked 23 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Carpenter Technology among the least efficient performers, with one of the highest emissions intensities in its sector. a

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