1. Albany International released its 2024 Climate Report on sustainability efforts. 2. Emphasizes product-level emissions to enhance innovation and accountability. 3. Commitment to transparency and scientific innovation to improve practices. 4. Focuses on lifecycle impact for smarter product design and emissions reduction. 5. Presents opportunities for collaboration to support climate goals.
Albany International's commitment to sustainability may attract environmentally conscious investors, similar to trends seen in other companies prioritizing ESG initiatives.
The article highlights Albany International's long-term sustainability efforts, which could influence investor perception and stock performance.
The company’s strategic focus on sustainability is likely to yield benefits over time, akin to other firms enhancing their ESG profiles.
Albany International Corp. (NYSE:AIN) today announced the release of its 2024 Climate Report, highlighting progress in sustainability, innovation, and climate-related disclosures.
"Beyond meeting disclosure requirements, we're advancing our role in building a more sustainable future," said Gunnar Kleveland, President and CEO. "This report reflects our commitment to integrating climate considerations into our business strategy. Our focus on product-level emissions is a powerful lever for innovation, accountability, and impact across our value chain."
"Understanding the full lifecycle impact of our products is essential to driving meaningful change," added Anna Yates, Sustainability and EHS. "Our emphasis on Product Carbon Footprint is helping us uncover new opportunities to design smarter, reduce emissions, and support our customers' climate goals. It's a foundational step toward a more sustainable and resilient future."
Albany International is committed to transparency, accountability and open communication. This Climate Report reflects our dedication to sharing our progress, opportunity for improvement, and our commitment to science-based innovation. We invite feedback and collaboration to further enhance sustainability practices.
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.
Albany International is headquartered in Portsmouth, New Hampshire, operates 30 facilities in 13 countries, employs approximately 5,400 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.
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Investor / Media Contact:
Will Station, Executive Vice President - Chief Financial Officer
Will.Station@albint.com