Public Profile

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.

29

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.

1

Industry Benchmark

Gates's score of 29 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

Gates's reported carbon emissions

In 2023, Gates reported total carbon emissions of approximately 2,778,000 kg CO2e, comprising 113,528,000 kg CO2e from Scope 1 and 139,701,000 kg CO2e from Scope 2, alongside a significant Scope 3 emission total of about 6,800,000,000 kg CO2e. This reflects a comprehensive approach to emissions reporting, including all three scopes. Over the years, Gates has demonstrated a commitment to reducing its carbon footprint. In 2022, the company recorded total emissions of about 2,919,000 kg CO2e, with Scope 1 emissions at 128,900,000 kg CO2e and Scope 2 emissions at 163,000,000 kg CO2e. The trend shows a gradual reduction in Scope 1 and Scope 2 emissions relative to revenue, indicating efforts to improve operational efficiency and sustainability. Despite the absence of specific reduction targets or initiatives documented in their reports, Gates continues to engage in climate commitments that align with industry standards. The company’s emissions intensity has shown a decrease, with a reported intensity of 0.00007 kg CO2e per USD of revenue in 2023, down from 0.0001 kg CO2e per USD in 2020. Gates' ongoing focus on sustainability and emissions reduction reflects a broader industry trend towards accountability and transparency in climate impact, positioning the company as a responsible player in the global effort to combat climate change.

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201520162017201820192020202120222023
Scope 1
109,600,000
000,000,000
000.00
00.00
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
218,340,000
000,000,000
000.00
000.00
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
-
-
-
-
-
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Gates's primary industry is Transmission services of electricity, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Gates is headquartered in US, which has a rank of low, indicating low grid carbon 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 not committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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