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Albany International Issues 2023 TCFD Report

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Albany International Corp. (NYSE:AIN) has released its 2023 Taskforce on Climate-related Financial Disclosures (TCFD) Report, outlining the company's strategy for managing climate-related risks and opportunities. Key highlights include:

  • Commitment to near-term company-wide Scopes 1 & 2 emissions reduction goals aligned with the Science Based Targets initiative (SBTi)
  • Waste reduction goals
  • Disclosure of Scope 3 (value chain) emissions

The report demonstrates Albany International's support for customers' sustainability efforts through more efficient processes and sustainable end-products. CEO Gunnar Kleveland emphasized the importance of collaboration across the entire value chain for collective innovation. Anna Yates, Corporate EHS & Sustainability, highlighted the company's achievement of setting its first operational sustainability goals and completing its first Scope 3 emissions accounting.

Albany International Corp. (NYSE:AIN) ha pubblicato il suo Rapporto 2023 sul Taskforce sulle Comunicazioni Finanziarie Relative al Clima (TCFD), delineando la strategia dell'azienda per gestire i rischi e le opportunità legati al clima. I punti salienti includono:

  • Impegno per obiettivi di riduzione delle emissioni aziendali Scopes 1 e 2 a breve termine, in linea con l'iniziativa Science Based Targets (SBTi)
  • Obiettivi di riduzione dei rifiuti
  • Diffusione delle emissioni Scope 3 (valore della catena)

Il rapporto dimostra il supporto di Albany International agli sforzi di sostenibilità dei clienti attraverso processi più efficienti e prodotti finali sostenibili. Il CEO Gunnar Kleveland ha sottolineato l'importanza della collaborazione lungo l'intera catena del valore per un'innovazione collettiva. Anna Yates, Corporate EHS & Sustainability, ha evidenziato il traguardo dell'azienda nel fissare i suoi primi obiettivi di sostenibilità operativa e nel completare il suo primo calcolo delle emissioni Scope 3.

Albany International Corp. (NYSE:AIN) ha publicado su Informe 2023 sobre la Fuerza de Tarea para la Divulgación Financiera Relacionada con el Clima (TCFD), delineando la estrategia de la empresa para gestionar los riesgos y oportunidades relacionados con el clima. Los puntos destacados incluyen:

  • Compromiso con los objetivos de reducción de emisiones Scopes 1 y 2 en el corto plazo, alineados con la iniciativa Science Based Targets (SBTi)
  • Objetivos de reducción de residuos
  • Divulgación de las emisiones Scope 3 (cadena de valor)

El informe demuestra el apoyo de Albany International a los esfuerzos de sostenibilidad de sus clientes a través de procesos más eficientes y productos finales sostenibles. El CEO Gunnar Kleveland enfatizó la importancia de la colaboración a lo largo de toda la cadena de valor para la innovación colectiva. Anna Yates, EHS y Sostenibilidad Corporativa, destacó el logro de la empresa al establecer sus primeros objetivos de sostenibilidad operativa y completar su primer cálculo de emisiones Scope 3.

앨버니 인터내셔널 주식회사 (NYSE:AIN)는 2023 기후 관련 재무 공시 태스크포스(TCFD) 보고서를 발표하였으며, 기후 관련 위험과 기회를 관리하기 위한 회사의 전략을 설명하였습니다. 주요 내용은 다음과 같습니다:

  • 과학 기반 목표 이니셔티브(SBTi)에 맞춘 단기 회사 전체 Scope 1 및 2 배출량 감소 목표에 대한 약속
  • 폐기물 감소 목표
  • Scope 3(가치 사슬) 배출량 공개

이 보고서는 Albany International이 고객의 지속 가능성 노력을 지원하기 위해 보다 효율적인 프로세스와 지속 가능한 최종 제품을 통해 보여줍니다. CEO 군나르 클레블랜드는 집단 혁신을 위한 전체 가치 사슬을 통한 협업의 중요성을 강조했습니다. Anna Yates, 기업 EHS 및 지속 가능성 부문은 회사가 첫 번째 운영 지속 가능성 목표를 설정하고 첫 번째 Scope 3 배출량 회계를 완료한 성과를 강조했습니다.

Albany International Corp. (NYSE:AIN) a publié son Rapport 2023 sur le Taskforce sur les divulgations financières liées au climat (TCFD), décrivant la stratégie de l'entreprise pour gérer les risques et opportunités liés au climat. Lespoints clés comprennent :

  • Engagement à atteindre des objectifs de réduction des émissions des scopes 1 et 2 à court terme, en accord avec l'initiative Science Based Targets (SBTi)
  • Objectifs de réduction des déchets
  • Divulgation des émissions du scope 3 (chaîne de valeur)

Le rapport démontre le soutien d'Albany International aux efforts de durabilité de ses clients à travers des processus plus efficaces et des produits finaux durables. Le PDG Gunnar Kleveland a souligné l'importance de la collaboration dans toute la chaîne de valeur pour une innovation collective. Anna Yates, Corporate EHS & Sustainability, a souligné les réalisations de l'entreprise dans la définition de ses premiers objectifs de durabilité opérationnelle et l'achèvement de son premier bilan des émissions du scope 3.

Albany International Corp. (NYSE:AIN) hat seinen Bericht 2023 über die Taskforce für klimabezogene Finanzberichterstattung (TCFD) veröffentlicht, in dem die Strategie des Unternehmens zur Bewältigung von klimabezogenen Risiken und Chancen dargelegt wird. Wichtige Highlights sind:

  • Engagement für kurzfristige, unternehmensweite Reduktionsziele für Scope 1 und 2 Emissionen, die mit der Science Based Targets Initiative (SBTi) übereinstimmen
  • Abfallreduktionsziele
  • Offenlegung der Scope 3 (Wertschöpfungskette) Emissionen

Der Bericht zeigt die Unterstützung von Albany International für die Nachhaltigkeitsbemühungen seiner Kunden durch effizientere Prozesse und nachhaltige Endprodukte. CEO Gunnar Kleveland betonte die Wichtigkeit der Zusammenarbeit in der gesamten Wertschöpfungskette für kollektive Innovation. Anna Yates, Corporate EHS & Sustainability, hob die Errungenschaft des Unternehmens hervor, seine ersten operativen Nachhaltigkeitsziele festgelegt und die erste Scope 3 Emissionsrechnung abgeschlossen zu haben.

Positive
  • Commitment to near-term company-wide Scopes 1 & 2 emissions reduction goals
  • Alignment with Science Based Targets initiative (SBTi)
  • Disclosure of Scope 3 (value chain) emissions
  • Setting of first operational sustainability goals
  • Support for customers' sustainability efforts through efficient processes and sustainable end-products
Negative
  • None.

ROCHESTER, N.H.--(BUSINESS WIRE)-- Albany International Corp. (NYSE:AIN) announced today the publication of its 2023 Taskforce on Climate-related Financial Disclosures (TCFD) Report. The TCFD provides a common framework to articulate to stakeholders the Company’s strategy for managing its climate-related risks and opportunities, and to show how its products and operations are aligned with the transition to a low-carbon, sustainable global economy.

Highlights include the commitment to near-term company-wide Scopes 1 & 2 emissions reduction goals aligned with the Science Based Targets initiative (SBTi), waste reduction goals, and disclosure of Scope 3 (value chain) emissions. The SBTi’s goal is to accelerate companies across the world to support the global economy to halve emissions before 2030 and achieve net-zero before 2050.

“This has been an important year for us in terms of further developing our strategy, including new sustainability goals,” said Gunnar Kleveland, President and CEO of Albany International Corp. “We continue to support our customers in their sustainability efforts by enabling more efficient processes and more sustainable end-products, and we are proud to commit to our own operational sustainability goals. Our own operational performance will further support our customers’ sustainability efforts as part of their supply chain. Sustainability requires collaboration across our entire value chain, and we remain excited about the opportunities ahead for further collective innovation.”

Anna Yates, Corporate EHS & Sustainability said, “We are proud of our environmental progress this year. While there remains much to accomplish, we achieved two major milestones: setting our first operational sustainability goals and completing our first accounting of Scope 3 emissions. These important milestones set us up to accelerate our progress on sustainability, in collaboration with our customers and partners.”

The report is available for viewing and download at www.albint.com/sustainability.

About Albany International Corp.

Albany International is a leading developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses.

  • Machine Clothing is the world’s leading producer of custom-designed, consumable belts essential for the manufacture of paper, paperboard, tissue and towel, pulp, non-wovens and a variety of other industrial applications.
  • Albany Engineered Composites is a growing designer and manufacturer of advanced materials-based engineered components for demanding aerospace applications, supporting both commercial and military platforms.

Albany International is headquartered in Rochester, New Hampshire, operates 32 facilities in 14 countries, employs approximately 6,000 people worldwide, and is listed on the New York Stock Exchange (Symbol: AIN). Additional information about the Company and its products and services can be found at www.albint.com.

Investor / Media Contact:

JC Chetnani

VP-Investor Relations and Treasurer

jc.chetnani@albint.com

Source: Albany International Corp.

FAQ

What are the key highlights of Albany International's 2023 TCFD Report?

The key highlights include commitment to near-term company-wide Scopes 1 & 2 emissions reduction goals aligned with SBTi, waste reduction goals, and disclosure of Scope 3 emissions.

How is Albany International (AIN) supporting its customers' sustainability efforts?

Albany International is supporting customers' sustainability efforts by enabling more efficient processes and more sustainable end-products, as well as improving its own operational sustainability to support customers' supply chain sustainability.

What major sustainability milestones did Albany International (AIN) achieve in 2023?

Albany International achieved two major milestones in 2023: setting their first operational sustainability goals and completing their first accounting of Scope 3 emissions.

Where can I find Albany International's (AIN) 2023 TCFD Report?

The 2023 TCFD Report is available for viewing and download at www.albint.com/sustainability.

Albany International Corp

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Textile Manufacturing
Broadwoven Fabric Mills, Man Made Fiber & Silk
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United States of America
ROCHESTER