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 72% 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 marks a significant focus on emissions management as the company aims for carbon neutrality in Scope 1 and Scope 2 emissions by 2032, a commitment announced during their Investor Day on September 13, 2022. In 2022, Regal Rexnord's emissions were 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 for these scopes. Notably, the company has set a near-term target of achieving a 10% absolute reduction in Scope 1 and 2 GHG emissions by 2023, which aligns with their long-term goal of carbon neutrality. Regal Rexnord has also committed to Science Based Targets initiative (SBTi) targets, aiming for net-zero emissions across all scopes by 2050. Their proactive approach includes achieving interim targets ahead of schedule, demonstrating a strong commitment to sustainability and climate action. Overall, Regal Rexnord's emissions data and climate commitments reflect a robust strategy to reduce their carbon footprint and contribute to global climate goals, with a clear roadmap towards achieving significant reductions in the coming years.
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| 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 | - |
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.
