Renk
Renk AG, a leading name in the engineering sector, is headquartered in Augsburg, Germany. Established in 1873, Renk has evolved into a prominent player in the fields of drive technology and power transmission systems, serving various industries including rail, marine, and industrial applications. The company is renowned for its innovative products, such as gear units, couplings, and braking systems, which are distinguished by their reliability and efficiency. Renk's commitment to quality and precision has solidified its market position, making it a trusted partner for clients worldwide. With a strong presence in Europe and expanding operations in global markets, Renk continues to achieve significant milestones, reinforcing its reputation as a pioneer in advanced engineering solutions.
DitchCarbon Score
How does Renk'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 Construction Work 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
Renk's score of 21 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Renk's reported carbon emissions
In 2023, Renk reported total carbon emissions of approximately 21,231,000 kg CO2e, a slight decrease from about 21,606,000 kg CO2e in 2022. The emissions breakdown for 2023 includes approximately 13,355,000 kg CO2e from Scope 1 and about 7,876,000 kg CO2e from Scope 2. Notably, Renk has not disclosed Scope 3 emissions for 2023, but in 2022, these included approximately 904,000 kg CO2e from business travel, 2,434,000 kg CO2e from purchased goods and services, 663,000 kg CO2e from waste generated in operations, and 518,000 kg CO2e from fuel and energy-related activities. Renk is committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi), which Renk joined in 2023, indicating a proactive approach to reducing its overall carbon footprint across all scopes. The company has set a baseline year of 2023 for its net-zero target, demonstrating its dedication to sustainability and climate action within the construction and engineering sector.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 12,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 8,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 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.
Renk is committed to some 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.
