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 39 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
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. This reflects a continued commitment to monitoring and managing their carbon footprint across all scopes of emissions. Over the past five years, hGears AG has shown fluctuations in emissions. In 2022, the company recorded emissions of about 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. The 2021 figures were approximately 3,111,000 kg CO2e (Scope 1), 6,794,000 kg CO2e (Scope 2), and 9,743,000 kg CO2e (Scope 3). In 2020, emissions were higher, with Scope 1 at 2,911,000 kg CO2e, Scope 2 at 8,336,000 kg CO2e, and Scope 3 at 9,198,000 kg CO2e. The 2019 data indicated emissions of 808,750 kg CO2e for Scope 1, 4,823,980 kg CO2e for Scope 2, and 8,062,560 kg CO2e for Scope 3. Despite these figures, hGears AG has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term sustainability strategy. The company continues to engage in industry-standard practices for emissions reporting, reflecting a commitment to transparency in their environmental impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 participating in any 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.
