Renk
Renk AG, a leading name in the engineering sector, is headquartered in Augsburg, Germany. Established in 1873, Renk has evolved into a prominent player in the fields of drive technology and power transmission systems, serving various industries including rail, marine, and industrial applications. The company is renowned for its innovative products, such as gear units, couplings, and braking systems, which are distinguished by their reliability and efficiency. Renk's commitment to quality and precision has solidified its market position, making it a trusted partner for clients worldwide. With a strong presence in Europe and expanding operations in global markets, Renk continues to achieve significant milestones, reinforcing its reputation as a pioneer in advanced engineering solutions.
DitchCarbon Score
How does Renk's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Construction Work industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Renk's score of 36 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Renk's reported carbon emissions
In 2023, Renk reported total carbon emissions of approximately 21,231,000 kg CO2e, with Scope 1 emissions at about 13,355,000 kg CO2e and Scope 2 emissions at around 7,876,000 kg CO2e. This represents a slight decrease from 2022, where total emissions were approximately 21,606,000 kg CO2e, with Scope 1 at about 13,417,000 kg CO2e and Scope 2 at approximately 8,189,000 kg CO2e. Renk has made significant climate commitments, including a long-term target to achieve net-zero emissions by 2050, covering all scopes of emissions. This commitment aligns with their membership in the Science Based Targets initiative (SBTi), which underscores their dedication to reducing greenhouse gas emissions in line with climate science. The company has also reported Scope 3 emissions for 2022, which totalled approximately 4,185,000 kg CO2e, encompassing categories such as business travel and purchased goods and services. Renk's ongoing efforts reflect a proactive approach to sustainability within the construction and engineering sector, aiming to mitigate their environmental impact while adhering to industry standards.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 12,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 8,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 0,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Renk is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
