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.
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.
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.
Gates's score of 31 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Gates reported total carbon emissions of approximately 277,800,000 kg CO2e, comprising about 127,300,000 kg CO2e from Scope 1 and about 150,600,000 kg CO2e from Scope 2 emissions. Over the years, Gates has demonstrated a commitment to reducing its carbon footprint, achieving a significant reduction in emissions intensity. For instance, the emissions intensity for 2023 was about 0.0778 kg CO2e per USD of revenue, a decrease from previous years. From 2015 to 2023, Gates has seen fluctuations in its total emissions, with a peak of approximately 308,300,000 kg CO2e in 2021. However, the company has made strides in reducing its Scope 1 and 2 emissions over time, with a notable reduction in Scope 2 emissions from about 218,340,000 kg CO2e in 2015 to 150,600,000 kg CO2e in 2023. Despite the absence of specific reduction targets or commitments under the Science Based Targets initiative (SBTi), Gates continues to focus on sustainability and operational efficiency. The company’s ongoing efforts reflect a broader industry trend towards reducing greenhouse gas emissions and enhancing environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - | - | - | - | - | - | - | - |
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 committed to some 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.