In 2024, Hexcel 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).
Hexcel has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Hexcel amounted to 335,329 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 Hexcel decreased by 0.01%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of Hexcel were 180,594 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Hexcel's Scope 1 emissions have decreased by 8.07%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Hexcel's Scope 1 emissions decreased by 2.62%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2024, Hexcel reported Scope 2 greenhouse gas (GHG) emissions of 161,233 tCO₂e using the market-based method and 154,735 tCO₂e using the location-based method. a
Since 2019, Hexcel's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 22.37%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), Hexcel's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hexcel 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, Hexcel reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Hexcel reported 1,879 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 Hexcel includes a breakdown across 1 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, Hexcel reported total Scope 3 emissions of 1,879 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), Hexcel's Scope 3 emissions remained relatively stable, indicating that Hexcel 's emissions have plateaued with no significant change in its value chain footprint. a b
In 2024, Hexcel reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Hexcel's Scope 3 emissions were: a
In 2024, Hexcel reported Scope 1 greenhouse gas (GHG) emissions of 180,594 tCO₂e and total revenues of USD 1,903 millions. This translates into an emissions intensity of 94.9 tCO₂e per millions USD. a
In 2024, Hexcel reported a Scope 1 emissions intensity of 94.9 tCO₂e per millions USD. Compared to the peer group median of 7.71 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Hexcel ranked 24 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Hexcel among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2024, Hexcel reported a total carbon footprint of 337,208 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.04% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Hexcel's total carbon footprint was Scope 1 emissions, accounting for 53.56% of the company's total carbon footprint, followed by Scope 2 emissions at 45.89%. a