GE Capital Rail Services Corporation Sustainability Profile
GE Capital Rail Services Corporation, a prominent player in the rail industry, is headquartered in the United States and operates extensively across North America and Europe. Founded in 1994, the company has established itself as a leader in providing innovative rail solutions, including locomotive and freight car leasing, maintenance services, and asset management. With a focus on enhancing operational efficiency and sustainability, GE Capital Rail Services offers a unique portfolio of services tailored to meet the diverse needs of its clients. The company is recognised for its commitment to technological advancement and customer service, positioning itself as a trusted partner in the rail sector. Notable achievements include a strong market presence and a reputation for reliability, making GE Capital Rail Services a key contributor to the evolution of rail transport.
DitchCarbon Score
How does GE Capital Rail Services Corporation'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 Land Transportation 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
GE Capital Rail Services Corporation's score of 53 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GE Capital Rail Services Corporation, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is part of a corporate family that includes Wells Fargo & Company, from which it inherits climate-related initiatives and performance metrics. As a merged entity, GE Capital Rail Services Corporation aligns its climate commitments with those of Wells Fargo, which has established various sustainability initiatives. However, specific reduction targets or achievements for GE Capital Rail Services Corporation are not detailed in the available data. The absence of direct emissions data suggests that the company may still be in the process of developing its own climate strategy or reporting framework. As part of the broader industry context, it is essential for companies like GE Capital Rail Services to engage in transparent reporting and set ambitious targets to mitigate their environmental impact, particularly in light of increasing regulatory and societal pressures for corporate sustainability. In summary, while GE Capital Rail Services Corporation does not currently provide specific emissions data or reduction targets, it is linked to the climate initiatives of Wells Fargo & Company, which may influence its future commitments and performance in carbon emissions reduction.
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| 2008 | 2009 | 2010 | 2011 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 147,099,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,701,639,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 107,274,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | - | - | 0,000,000,000 | 0,000,000,000 | - | - |
How Carbon Intensive is GE Capital Rail Services Corporation's Industry?
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GE Capital Rail Services Corporation's Scope 3 Categories Breakdown
GE Capital Rail Services Corporation's Scope 3 emissions, which decreased by 4% last year and increased significantly since 2008, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 64% of Scope 3 emissions.
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GE Capital Rail Services Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
GE Capital Rail Services Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
