Continuing our Commitment

Continuing our Commitment

Fiscal year 2025 was another historic year for Carpenter Technology, the most profitable in our history. This achievement reflects not only the strength of our strategy but also the hard work and dedication  of our employees in meeting our customers’ most critical needs.

Carpenter Technology is building a more sustainable future for our customers, employees, and the communities we serve. Our mission is to provide materials that encourage innovation and progress while acting responsibly and sustainably.  

Innovation for Impact

We partner closely with our customers to solve pressing sustainability and performance challenges. From alloys that reduce nickel content in medical implants to high-efficiency materials for aerospace 
and power generation, our innovations help lower environmental footprints, improve reliability, and advance human health.

 
Responsible Operations

We continue to strengthen the safety of our operations. In fiscal year 2025, we reduced our Total Case Incident Rate by 20 percent, supporting our goal of a zero-injury workplace. We also implemented efficiency improvements that cut downtime and advanced our carbon-reduction goals. These actions keep us on the path of building one of the most sustainable manufacturing platforms in our industry.

 
Investing in People and Communities

Our people remain central to everything we do. We invest in training and development to help our employees grow and succeed, and we support our communities through volunteer efforts and outreach programs, such as Carpenter Technology Cares. Our Vision and  Core Values guide us not only to achieve results but also to make a meaningful impact in the places where we live and work.

 
Looking Ahead

The momentum from fiscal year 2025 positions us firmly for the future. Demand for our specialized alloys is increasing, our operations are scaling responsibly, and our financial foundation remains solid. Most importantly, our commitment to innovate, manufacture, and operate sustainably ensures we are creating long-term value for all stakeholders.


Read more about our journey in the 2025 Sustainability Report. 

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Tony R. Thene
Chairman of the Board & Chief Executive Officer

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2025 SUSTAINABILITY REPORT Download Arrow - black

Our Sustainability Strategy

Carpenter Technology’s sustainability strategy focuses on four areas of our operations: environmental stewardship, the health and safety of our employees and community, social responsibility, and corporate governance. We will face the challenges ahead by relying on our Vision and partnering with our customers to solve their most challenging material problems. We aim to achieve our goals as we always do, by living up to our Core Values.  

Sustainable Solutions

Sustainability is part of our business strategy and an opportunity for future growth. As a solutions provider, we enable our customers to meet their sustainability needs with our innovative products.

To learn more about how our innovative products support our customers, see the Sustainable Solutions section.

 

Sustainable Operations

Our operations are more environmentally sustainable compared to many global metal manufacturers, with a fraction of CO2 emissions from crude steel production. 

Read about our sustainable operations in the Environmental Stewardship section.

Safety: Our #1 Core Value

We are one of the safest industrial manufacturing companies in the United States: our Total Recordable Incident Rate (TRIR) was 1.4 in FY25, a 20% decrease from the previous year and far below industry rates.

Learn about our Safety approach in the Safety section.

 

Social Responsibility

We are committed to creating an inclusive workplace for our employees and serving the communities in which we live and work. 

Read about our socially responsible initiatives in our Social Responsibility section.

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Materiality Matrix 

Our Sustainability Program highlights our commitment to each of these areas and continued focus on world-class social responsibility.
ENVIRONMENTAL
  • Energy management
  • Greenhouse gas emissions
  • Air emissions
  • Waste management
  • Water management
  • Renewable energy
  • Sustainable sourcing
  • Product safety and impact
SAFETY
  • Employee safety
  • Contractor safety
SOCIAL RESPONSIBILITY
  • Human capital management
  • Community engagement
GOVERNANCE
  • Board composition and sustainability management
  • Sustainability governance and oversight
  • Ethics and compliance
we're dedicated to building a better future

We’re dedicated to building a better future