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.
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.
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.
RATEGAIN LTD's score of 11 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, RATEGAIN LTD reported total carbon emissions of approximately 13,033,080 kg CO2e, with emissions distributed across all three scopes: 26,090 kg CO2e from Scope 1, 203,070 kg CO2e from Scope 2, and the majority, 13,033,080 kg CO2e, from Scope 3. This represents a slight increase in Scope 1 and Scope 2 emissions compared to 2022, where they were 25,830 kg CO2e and 160,160 kg CO2e, respectively. Notably, Scope 3 emissions also increased from 12,463,180 kg CO2e in 2022. For 2024, the company anticipates a significant rise in total emissions, projecting approximately 23,147,930 kg CO2e, with Scope 1 emissions at 23,470 kg CO2e and Scope 2 emissions at 210,080 kg CO2e. Despite these figures, RATEGAIN LTD has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies or climate pledges indicates a potential area for improvement in their sustainability commitments. As a company headquartered in India, RATEGAIN operates within an industry increasingly focused on climate accountability, making it essential for them to establish clear climate action plans moving forward.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 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 |
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 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.