In 2024, 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 265,000a | 274,064b | 257,589b | |
Total Scope 2 | ||||
Market-Based | 33,000a | 33,000a | 28,000a | |
Location-Based | N/A | N/A | N/A | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 96.0249a | 107.4634b | 140.2761b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Carpenter Technology amounted to 298,000 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 Carpenter Technology decreased by 2.95%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Carpenter Technology were 265,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Carpenter Technology's Scope 1 emissions have decreased by 11.37%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Carpenter Technology's Scope 1 emissions decreased by 3.31%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Carpenter Technology reported Scope 2 greenhouse gas (GHG) emissions of 33,000 tCO₂e using the market-based method.a
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.a
Compared to the previous year (2023), Carpenter Technology's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Carpenter Technology's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Carpenter Technology reported its Scope 2 emissions using the market-based method.a
In 2024, Carpenter Technology reported Scope 1 greenhouse gas (GHG) emissions of 265,000 tCO₂e and total revenues of USD 2,760 millions. This translates into an emissions intensity of 96.02 tCO₂e per millions USD.a
In 2024, Carpenter Technology reported a Scope 1 emissions intensity of 96.02 tCO₂e per millions USD. Compared to the peer group median of 17.36, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Carpenter Technology ranked 21 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