hGears AG
hGears AG, headquartered in Germany, is a leading player in the precision engineering industry, specialising in the production of high-quality gears and gear systems. Founded in 2008, the company has rapidly expanded its operational footprint across Europe and Asia, establishing itself as a trusted partner for various sectors, including automotive and industrial machinery. With a commitment to innovation, hGears AG offers a diverse range of products, including custom gear solutions and advanced manufacturing services. Their unique approach combines cutting-edge technology with rigorous quality control, ensuring exceptional performance and reliability. Recognised for their engineering excellence, hGears AG has achieved significant milestones, positioning itself as a key supplier in the global market.
DitchCarbon Score
How does hGears AG'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 Motor Vehicle Retail Services 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
hGears AG's score of 27 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
hGears AG's reported carbon emissions
In 2023, hGears AG reported total carbon emissions of approximately 2,331,000 kg CO2e for Scope 1, 2,718,000 kg CO2e for Scope 2, and 6,778,000 kg CO2e for Scope 3, amounting to a total of about 11,827,000 kg CO2e. This reflects a continued commitment to monitoring and managing their carbon footprint across all scopes of emissions. Over the past few years, hGears AG has shown fluctuations in emissions. In 2022, the company recorded approximately 2,718,000 kg CO2e for Scope 1, 13,952,000 kg CO2e for Scope 2, and 9,579,000 kg CO2e for Scope 3, leading to a total of about 16,249,000 kg CO2e. The 2023 figures indicate a reduction in Scope 1 and Scope 2 emissions compared to 2022, suggesting ongoing efforts to improve energy efficiency and reduce direct emissions. Despite these reductions, hGears AG has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to operate within the context of a global industry increasingly focused on sustainability and carbon neutrality, aligning with broader climate commitments. Overall, hGears AG's emissions data highlights the importance of ongoing assessment and management of carbon emissions as part of their operational strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 808,750 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,823,980 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 8,062,560 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
hGears AG is not committed to any 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.
