Albany International Corp 2024 SR
The report highlights Albany International's commitment to sustainability through its two core businesses, Machine Clothing and Albany Engineered Composites. In 2024, the company set ambitious goals to reduce Scope 1 and 2 emissions by 50% and achieve zero waste to landfill by 2030. Key achievements include signing a US virtual power purchasing agreement to reduce Scope 2 emissions by 25% and investing $46.1 million in research and development. The company also launched the Albany Community Outreach Council to enhance philanthropic efforts and achieved a global Total Recordable Incident Rate of 0.99. Furthermore, the report details progress in product sustainability, such as 3D weaving technologies for fuel-efficient aerospace components.
Company: Albany International Corp
Sector: Manufacturing
Country: United States
Year: 2024
Type: SR
Pages: 43
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Albany International Corp
Sustainability Report
The report highlights Albany International's commitment to sustainability through its two core businesses, Machine Clothing and Albany Engineered Composites. In 2024, the company set ambitious goals to reduce Scope 1 and 2 emissions by 50% and achieve zero waste to landfill by 2030. Key achievements include signing a US virtual power purchasing agreement to reduce Scope 2 emissions by 25% and investing $46.1 million in research and development. The company also launched the Albany Community Outreach Council to enhance philanthropic efforts and achieved a global Total Recordable Incident Rate of 0.99. Furthermore, the report details progress in product sustainability, such as 3D weaving technologies for fuel-efficient aerospace components.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Mar 1, 2025
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Workplace Fatalities
Employees