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.
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.
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.
Regal Rexnord's score of 51 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 (market-based). This reflects a commitment to reducing emissions, as the company aims for carbon neutrality across Scope 1 and Scope 2 emissions by 2032, a target announced during their Investor Day on September 13, 2022. In 2022, Regal Rexnord's emissions were significantly higher, with Scope 1 emissions at about 92,319,000 kg CO2e and Scope 2 emissions at approximately 209,044,000 kg CO2e, leading to a total of around 301,363,000 kg CO2e (market-based). Notably, the company also reported Scope 3 emissions of approximately 17,801,687,000 kg CO2e, primarily from the use of sold products. Regal Rexnord has set a near-term goal of achieving a 10% absolute reduction in Scope 1 and Scope 2 GHG emissions by 2023, building on their previous successes in climate impact reduction. The company is also committed to the Science Based Targets initiative (SBTi), with long-term targets extending to 2050. Overall, Regal Rexnord's climate strategy reflects a proactive approach to sustainability, with clear targets for emissions reduction and a commitment to aligning with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 7,462,000 | 0,000,000 | 00,000,000 | 00,000,000 | 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 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | 00,000,000,000 | - |
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.