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 reduction 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 demonstrated a commitment to reducing its carbon footprint, with emissions decreasing from about 308,300,000 kg CO2e in 2021 and 283,200,000 kg CO2e in 2020. However, the company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Gates's emissions data is not cascaded from a parent company, and all reported figures are directly attributed to Gates Industrial Corporation plc. The company has focused on transparency in its sustainability reporting, providing detailed emissions data in its annual sustainability reports.
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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.
