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 60% 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 Industrial Corporation reported total carbon emissions of approximately 127,300,000 kg CO2e for Scope 1 and 150,600,000 kg CO2e for Scope 2, resulting in combined emissions of about 277,800,000 kg CO2e. This marks a decrease from 2022, where emissions were approximately 128,900,000 kg CO2e for Scope 1 and 163,000,000 kg CO2e for Scope 2, totalling around 291,900,000 kg CO2e. Over the past few years, Gates has shown a trend of reducing its emissions. For instance, in 2021, the total emissions were about 308,300,000 kg CO2e, indicating a significant reduction in subsequent years. The company has consistently disclosed its Scope 1 and Scope 2 emissions, but has not reported any Scope 3 emissions. Despite the reductions, Gates has not set specific reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi). The emissions data is not cascaded from a parent company, and all figures are directly reported by Gates Industrial Corporation plc. Gates continues to focus on sustainability, but further commitments or detailed reduction strategies have not been publicly outlined.
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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.
