GATX Corporation, commonly referred to as GATX, is a prominent player in the other business services sector, headquartered in the United States. Founded in 1898, the company has established itself as a leader in railcar leasing and maintenance, with significant operations across North America and Europe. GATX's core offerings include tank and freight railcar leasing, as well as innovative asset management solutions tailored to meet diverse customer needs.
With a strong market position, GATX is recognised for its commitment to safety, reliability, and sustainability, setting it apart from competitors. The company has achieved notable milestones, including a robust portfolio of over 120,000 railcars, underscoring its expertise and industry influence. GATX continues to evolve, focusing on delivering unique value through its comprehensive services and strategic partnerships.
-8 vs industry average
Gatx’s score of 25 is lower than 43% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Business Services is among the least carbon-intensive industries
Industry performance
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Gatx's reported carbon emissions
GATX, headquartered in the US and operating in the Other business services (74) industry, reported its carbon emissions data for the years 2020 through 2023. In 2023, GATX's Scope 1 emissions were approximately 14.6 million kg CO2e, and its Scope 2 emissions (market-based) were approximately 10.2 million kg CO2e. This resulted in combined Scope 1 and 2 emissions of about 24.9 million kg CO2e for the year.
The previous year, 2022, saw Scope 1 emissions of approximately 16.7 million kg CO2e and Scope 2 (market-based) emissions of about 11.6 million kg CO2e, leading to a total of approximately 28.3 million kg CO2e for Scope 1 and 2.
In 2021, GATX reported Scope 1 emissions of around 17.1 million kg CO2e and Scope 2 (market-based) emissions of about 10.6 million kg CO2e, totalling approximately 27.7 million kg CO2e for Scope 1 and 2. For the year 2020, Scope 1 emissions were approximately 14.7 million kg CO2e and Scope 2 (market-based) emissions were about 10.8 million kg CO2e, with combined Scope 1 and 2 emissions of approximately 25.6 million kg CO2e.
GATX has not disclosed Scope 3 emissions data for these years, indicating missing data points in categories such as purchased goods and services, business travel, and employee commute. The company has not publicly announced specific carbon reduction targets or commitments to initiatives like the Science Based Targets initiative (SBTi). Further information on GATX's climate commitments and emissions can be found in their GHG Emissions reports.
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Gatx’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Gatx yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Gatx
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