Gates
Gates Corporation, commonly referred to as Gates, is a leading global manufacturer headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1911, Gates has established itself in the automotive and industrial sectors, specialising in power transmission and fluid power solutions. The company is renowned for its innovative products, including belts, hoses, and hydraulic systems, which are designed to enhance performance and durability. Gates' commitment to quality and engineering excellence has positioned it as a trusted partner for various industries, from automotive to manufacturing. With a rich history of milestones, including advancements in technology and sustainability, Gates continues to be a market leader, recognised for its contributions to improving efficiency and reliability in mechanical systems worldwide.
DitchCarbon Score
How does Gates'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 Electricity Transmission 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
Gates's score of 33 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gates's reported carbon emissions
In 2023, Gates reported total carbon emissions of approximately 277,800,000 kg CO2e, comprising 127,300,000 kg CO2e from Scope 1 and 150,600,000 kg CO2e from Scope 2. This represents a reduction from 2022, where total emissions were about 291,900,000 kg CO2e, with Scope 1 at 128,900,000 kg CO2e and Scope 2 at 163,000,000 kg CO2e. Over the years, Gates has demonstrated a commitment to reducing its carbon footprint. For instance, in 2021, total emissions were approximately 308,300,000 kg CO2e, indicating a downward trend in emissions over the past few years. However, there are currently no specific reduction targets or initiatives disclosed by Gates, such as those aligned with the Science Based Targets initiative (SBTi) or other climate pledges. The company has consistently reported emissions data for Scope 1 and Scope 2, but has not disclosed any information regarding Scope 3 emissions. This lack of comprehensive reporting may limit the understanding of their overall climate impact. Nonetheless, Gates continues to focus on improving its operational efficiency and reducing its carbon intensity, as evidenced by the decreasing emissions per unit of revenue over the years.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 109,600,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 218,340,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
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.
Gates is participating in some of the initiatives that 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.
