Rane Corporation
Rane Corporation, a prominent player in the automotive and industrial sectors, is headquartered in the United States. Founded in 1910, the company has established itself as a leader in the design and manufacture of high-quality control systems and components, particularly in the fields of steering and suspension. With a strong presence across North America and expanding operations in international markets, Rane Corporation is renowned for its innovative solutions that enhance vehicle performance and safety. The company’s core offerings include advanced steering gears, suspension systems, and related components, distinguished by their durability and precision engineering. Rane Corporation's commitment to quality and continuous improvement has earned it a solid market position, recognised for its contributions to the automotive industry and its dedication to customer satisfaction.
DitchCarbon Score
How does Rane 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 Electrical Machinery Manufacturing 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
Rane Corporation's score of 25 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rane Corporation's reported carbon emissions
In 2023, Rane Corporation reported total carbon emissions of approximately 97,490 kg CO2e, comprising about 34,180 kg CO2e from Scope 1 and about 63,310 kg CO2e from Scope 2 emissions. This marks an increase from 2022, where the total emissions were about 77,960 kg CO2e, with Scope 1 emissions at approximately 21,880 kg CO2e and Scope 2 emissions at about 55,080 kg CO2e. Currently, Rane Corporation has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of such commitments suggests a need for further action in addressing their carbon footprint and aligning with industry standards for climate responsibility.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 21,880 | 00,000 |
| Scope 2 | 55,080 | 00,000 |
| Scope 3 | - | - |
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.
Rane Corporation 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.
