Hexcel Corp
Hexcel's GHG Emissions Data Preview
In 2023, 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions 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 Hexcel's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Hexcel amounted to 335,393 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Hexcel decreased by 1.25%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Hexcel's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hexcel's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Hexcel were 185,002 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Hexcel reduced its Scope 1 emissions over time?
Since 2021, Hexcel's Scope 1 emissions have increased by 32.87%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Hexcel's Scope 1 emissions decreased by 1.67%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Hexcel's Scope 2 emissions?
In 2023, Hexcel reported Scope 2 greenhouse gas (GHG) emissions of 155,978.5 tCOâ‚‚e using the market-based method, and 150,391 tCOâ‚‚e using the location-based method.
Has Hexcel reduced its Scope 2 emissions over time?
Since 2021, Hexcel's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 14.28%, reflecting a rising long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), 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.
What methodology does Hexcel use for Scope 2 reporting?
In 2023, Hexcel reported its Scope 2 emissions using the market-based method and using the location-based method.
Hexcel's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Hexcel's Value Chain Emissions
In 2023, Hexcel reported 1,989.27 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Hexcel includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Hexcel's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hexcel's Scope 3 emissions?
In 2023, Hexcel reported total Scope 3 emissions of 1,989.27 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
What categories of Scope 3 emissions does Hexcel disclose?
In 2023, Hexcel reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Hexcel's Scope 3 emissions?
In 2023, the largest contributors to Hexcel's Scope 3 emissions were:
- Business Travel (Cat. 6): 1,989.27 tCOâ‚‚e (100%)
Hexcel's Scope 3 Emissions by Categories
Insights into Hexcel's Total Carbon Footprint
In 2023, Hexcel reported a total carbon footprint of 337,382.27 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.67% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Hexcel's total carbon footprint was Scope 1 emissions, accounting for 54.83% of the company's total carbon footprint, followed by Scope 2 emissions at 44.58%.