In 2024, 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) | 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 |
Unspecified Calculation Method | 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 Howmet Aerospace amounted to 780,000 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 Howmet Aerospace decreased by 3.7%, 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 Howmet Aerospace were 390,000 metric tons of CO₂ equivalent (tCO₂e). a
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. a b
Compared to the previous year (2023), Howmet Aerospace's Scope 1 emissions remained relatively stable, indicating that Howmet Aerospace's emissions have plateaued with no significant change in its operational footprint. a
In 2024, Howmet Aerospace reported Scope 2 greenhouse gas (GHG) emissions of 400,000 tCO₂e using the market-based method and 390,000 tCO₂e using the location-based method. a
Compared to the previous year (2023), 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. a
In 2024, Howmet Aerospace reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Howmet Aerospace reported 1,780,000 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 Howmet Aerospace includes a breakdown across 10 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, Howmet Aerospace reported total Scope 3 emissions of 1,780,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 97.77% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.23% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2018, Howmet Aerospace's Scope 3 emissions have remained relatively stable, indicating that Howmet Aerospace 's emissions have plateaued with no significant change in its value chain footprint. a b
Compared to the previous year (2023), Howmet Aerospace's Scope 3 emissions decreased by 20.54%, highlighting the company's efforts to lower indirect emissions from its value chain. a
In 2024, Howmet Aerospace reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Howmet Aerospace's Scope 3 emissions were: a
In 2024, Howmet Aerospace reported Scope 1 greenhouse gas (GHG) emissions of 390,000 tCO₂e and total revenues of USD 7,430 millions. This translates into an emissions intensity of 52.49 tCO₂e per millions USD. a
In 2024, Howmet Aerospace reported a Scope 1 emissions intensity of 52.49 tCO₂e per millions USD. Compared to the peer group median of 7.32 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Howmet Aerospace ranked 20 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Howmet Aerospace among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2024, Howmet Aerospace reported a total carbon footprint of 2,560,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.07% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Howmet Aerospace's total carbon footprint was Scope 3 emissions, accounting for 69.53% of the company's total carbon footprint, followed by Scope 1 emissions at 15.23%. a