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Albany International Issues 2024 Climate Report
Albany InternationalAlbany International(US:AIN) Businesswireยท2025-10-07 20:20

Core Insights - Albany International Corp. released its 2024 Climate Report, emphasizing sustainability, innovation, and climate-related disclosures [1][2] - The report reflects the company's commitment to integrating climate considerations into its business strategy, focusing on product-level emissions to drive innovation and accountability [2] Sustainability Commitment - The company aims to understand the full lifecycle impact of its products, which is essential for driving meaningful change and uncovering new opportunities for smarter design and emission reductions [2] - Albany International is dedicated to transparency and open communication, inviting feedback and collaboration to enhance sustainability practices [2] Company Overview - Albany International is a leading developer and manufacturer of engineered components, operating 30 facilities in 13 countries and employing approximately 5,400 people worldwide [4][5] - The company is listed on the New York Stock Exchange under the symbol AIN [5] Business Segments - The Machine Clothing segment is the world's leading producer of custom-designed fabric and high-speed process belts for various industrial applications [6] - Albany Engineered Composites specializes in innovative composite technology solutions for aerospace and defense applications, providing advanced composite structures and assembly solutions [6]