Regal Rexnord
Regal Rexnord Corporation, commonly referred to as Regal Rexnord, is a leading player in the power transmission and motion control industry, headquartered in the United States. Founded in 2021 through the merger of Regal Beloit and Rexnord's Process & Motion Control segment, the company has quickly established itself as a key innovator in its field. With a strong presence across North America, Europe, and Asia, Regal Rexnord offers a diverse range of core products, including electric motors, gearboxes, and bearings. These products are distinguished by their advanced engineering and energy-efficient designs, catering to various sectors such as industrial automation, aerospace, and renewable energy. Regal Rexnord's commitment to quality and innovation has positioned it as a trusted partner for businesses seeking reliable solutions, making significant strides in sustainability and operational efficiency within the industry.
DitchCarbon Score
How does Regal Rexnord'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 Furniture Manufacturing 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
Regal Rexnord's score of 51 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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Regal Rexnord's reported carbon emissions
In 2023, Regal Rexnord reported total carbon emissions of approximately 76,032,000 kg CO2e for Scope 1 and about 178,751,000 kg CO2e for Scope 2, resulting in a combined total of around 254,783,000 kg CO2e for both scopes. This reflects their ongoing commitment to reducing greenhouse gas emissions as part of their sustainability strategy. Regal Rexnord has set an ambitious target to achieve carbon neutrality for both Scope 1 and Scope 2 emissions by 2032. This commitment was announced during their Investor Day on September 13, 2022. Additionally, they aim for a 10% absolute reduction in Scope 1 and 2 GHG emissions between 2022 and 2023. In previous years, the company has demonstrated a proactive approach to emissions reduction. For instance, in 2022, they reported Scope 1 emissions of approximately 92,319,000 kg CO2e and Scope 2 emissions of about 209,044,000 kg CO2e, with a total of around 30,136,300 kg CO2e for both scopes. Their emissions intensity has also shown a downward trend, indicating effective management of their carbon footprint relative to revenue. Regal Rexnord is committed to long-term sustainability, having established a net-zero target across all scopes by 2050, aligning with industry standards for climate action. Their efforts reflect a comprehensive approach to addressing climate change and reducing their environmental impact.
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| 2017 | 2018 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 7,462,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 259,945,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 00,000,000,000 | - |
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.
Regal Rexnord 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.
