Howmet Aerospace Inc

Common Name
Howmet Aerospace
Country
United States
Sector
Industrials
Industry
Aerospace & Defense
Employees
23,930
Ticker
HWM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Howmet Aerospace Inc. is a leading global provider of advanced engineered solutions for the aerospace industry. With a focus on high-performance multi-material products, the company plays a critical r...

Howmet Aerospace's GHG Emissions Data Preview

In 2023, Howmet Aerospace 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).

Howmet Aerospace has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 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
Unspecified Calculation Method
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 Howmet Aerospace's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Howmet Aerospace amounted to 810,000 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Howmet Aerospace increased by 1.25%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Howmet Aerospace's Scope 1 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e-4%-16%-3%+3%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Howmet Aerospace's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Howmet Aerospace were 390,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Howmet Aerospace reduced its Scope 1 emissions over time?

Since 2018, Howmet Aerospace's Scope 1 emissions have decreased by 17.02%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Howmet Aerospace's Scope 1 emissions increased by 2.63%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Howmet Aerospace's Scope 2 emissions?

In 2023, Howmet Aerospace reported Scope 2 greenhouse gas (GHG) emissions of 460,000 tCOâ‚‚e using the market-based method, and 420,000 tCOâ‚‚e using the location-based method.

Has Howmet Aerospace reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Howmet Aerospace's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Howmet Aerospace 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Howmet Aerospace use for Scope 2 reporting?

In 2023, Howmet Aerospace reported its Scope 2 emissions using the market-based method and using the location-based method.

Howmet Aerospace's Scope 2 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Howmet Aerospace's Value Chain Emissions

In 2023, Howmet Aerospace reported 2,240,000 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 Howmet Aerospace includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Howmet Aerospace's Scope 3 Emissions Over Time

2018201920202021202220230600 k1.2 M1.8 M2.4 MtCO2e-1%-39%+64%+1%+15%
  • Total Scope 3
  • Year-over-Year Change

What are Howmet Aerospace's Scope 3 emissions?

In 2023, Howmet Aerospace reported total Scope 3 emissions of 2,240,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.1% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.9% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Howmet Aerospace reduced its Scope 3 emissions over time?

Since 2018, Howmet Aerospace's Scope 3 emissions have increased by 15.46%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Howmet Aerospace's Scope 3 emissions increased by 14.87%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Howmet Aerospace disclose?

In 2023, Howmet Aerospace reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Howmet Aerospace's Scope 3 emissions?

In 2023, the largest contributors to Howmet Aerospace's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 1,890,000 tCOâ‚‚e (84.75%)
  • Fuel- and Energy-Related Services (Cat. 3): 100,000 tCOâ‚‚e (4.48%)
  • Capital Goods (Cat. 2): 80,000 tCOâ‚‚e (3.59%)

Howmet Aerospace's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(4.5%)Capital Goods(Cat. 2)(3.6%)Purchased Goods andServices (Cat. 1)(84.8%)

Insights into Howmet Aerospace's Total Carbon Footprint

In 2023, Howmet Aerospace reported a total carbon footprint of 3,050,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.91% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Howmet Aerospace's total carbon footprint was Scope 3 emissions, accounting for 73.44% of the company's total carbon footprint, followed by Scope 2 emissions at 13.77%.

Want Full Access to Howmet Aerospace's GHG Emissions Dataset?
Sign Up