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Financial Intermediation
GB
updated a month ago

Record plc

Company website

Record plc, headquartered in Great Britain, is a leading player in the precision engineering industry, specialising in the design and manufacture of high-quality linear motion systems. Founded in 1950, the company has established a strong presence in key operational regions across Europe, North America, and Asia. With a commitment to innovation, Record plc offers a diverse range of products, including linear guides, ball screws, and custom-engineered solutions that stand out for their reliability and performance. The company has achieved significant milestones, including numerous industry awards, solidifying its position as a trusted partner for businesses seeking advanced engineering solutions. Recognised for its dedication to quality and customer satisfaction, Record plc continues to set benchmarks in the market, making it a preferred choice for clients across various sectors.

DitchCarbon Score

How does Record plc'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.

24

Industry Average

Mean score of companies in the Financial Intermediation 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.

27

Industry Benchmark

Record plc's score of 24 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

42%

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Record plc's reported carbon emissions

In 2024, Record plc reported total carbon emissions of approximately 433,000 kg CO2e, with Scope 1 and 2 emissions accounting for about 11,000 kg CO2e and Scope 3 emissions comprising approximately 321,000 kg CO2e. This marks a significant increase from 2023, when total emissions were about 242,000 kg CO2e, with Scope 1 and 2 emissions at around 6,000 kg CO2e and Scope 3 emissions at approximately 235,000 kg CO2e. In 2022, the company recorded total emissions of about 294,000 kg CO2e, with Scope 1 and 2 emissions at approximately 63,000 kg CO2e and Scope 3 emissions at around 231,000 kg CO2e. The trend indicates a fluctuating emission profile over the years, with 2021 showing total emissions of about 409,400 kg CO2e, evenly split between Scope 1, 2, and 3 emissions. Despite these figures, Record plc has not set specific reduction targets or initiatives as part of their climate commitments. The company has not disclosed any Science-Based Targets Initiative (SBTi) targets or other formal climate pledges. Overall, while Record plc has made strides in reporting its emissions, the absence of reduction targets highlights an area for potential improvement in their climate strategy.

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Access structured emissions data, company-specific emission factors, and source documents

2018201920202021202220232024
Scope 1
394,000
000,000
000,000
000,000
-
-
-
Scope 2
394,000
000,000
000,000
00,000,000
-
-
-
Scope 3
394,000
000,000
000,000
000,000
000,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Record plc's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Record plc is in GB, which has a very low grid carbon intensity relative to other regions.

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.

Record plc 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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