RATEGAIN LTD
RATEGAIN LTD, headquartered in India, is a leading technology provider in the hospitality and travel industry. Founded in 2004, the company has established a strong presence across major operational regions, including North America, Europe, and Asia-Pacific. RATEGAIN offers a suite of innovative solutions, including revenue management, distribution, and data analytics, designed to enhance operational efficiency and drive profitability for hotels and travel companies. With a commitment to leveraging advanced technology, RATEGAIN's core products stand out for their ability to integrate seamlessly with existing systems, providing clients with actionable insights and real-time data. The company has achieved significant milestones, including recognition as a key player in the travel technology sector, and continues to expand its market position through strategic partnerships and a focus on customer-centric solutions.
DitchCarbon Score
How does RATEGAIN LTD'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 Additive and Blending Components 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
RATEGAIN LTD's score of 11 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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RATEGAIN LTD's reported carbon emissions
In 2023, RATEGAIN LTD reported total carbon emissions of approximately 13,033,080 kg CO2e, with emissions distributed across various scopes: 26,090 kg CO2e from Scope 1, 203,070 kg CO2e from Scope 2, and the majority, 13,003,920 kg CO2e, from Scope 3. This indicates a significant reliance on indirect emissions, which are often the largest contributor in service-oriented sectors. Comparatively, in 2022, the company recorded total emissions of about 12,463,180 kg CO2e, with Scope 1 and Scope 2 emissions at 25,830 kg CO2e and 160,160 kg CO2e, respectively. This shows an increase in emissions from 2022 to 2023, particularly in Scope 3 emissions, which rose by approximately 399,900 kg CO2e. For 2024, the emissions data indicates a further increase, with total emissions reaching about 23,147,930 kg CO2e, comprising 23,470 kg CO2e from Scope 1, 210,080 kg CO2e from Scope 2, and a substantial 23,114,380 kg CO2e from Scope 3. This trend highlights a growing environmental impact, particularly in indirect emissions. Despite these figures, RATEGAIN LTD has not disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of formal climate pledges or science-based targets suggests a need for enhanced commitment to sustainability practices within the organisation. As the company continues to grow, addressing these emissions will be crucial for aligning with global climate goals and improving their environmental performance.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 25,830 | 00,000 | 00,000 |
| Scope 2 | 160,160 | 000,000 | 000,000 |
| Scope 3 | 12,463,180 | 00,000,000 | 00,000,000 |
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.
RATEGAIN LTD 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.
