Renk AG, a leading provider in the mechanical engineering sector, is headquartered in Augsburg, Germany, with significant operations across Europe, North America, and Asia. Founded in 1873, Renk has established itself as a pioneer in the development of high-performance gear systems and drive technology, catering primarily to the defence, rail, and industrial sectors. The company’s core offerings include gear units, couplings, and complete drive systems, distinguished by their precision engineering and reliability. Renk's commitment to innovation has led to numerous milestones, including advancements in hybrid drive technology. With a strong market position, Renk AG is recognised for its exceptional quality and engineering excellence, making it a trusted partner for clients seeking robust and efficient solutions in complex applications.
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.
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.
Renk's score of 36 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Renk reported total carbon emissions of approximately 21.2 million tonnes CO2e, with Scope 1 emissions accounting for about 13.4 million tonnes and Scope 2 emissions at around 7.9 million tonnes. This represents a slight decrease from 2022, where total emissions were approximately 21.6 million tonnes CO2e, with Scope 1 at about 13.4 million tonnes and Scope 2 at approximately 8.2 million tonnes. In 2021, Renk's emissions were about 20 million tonnes CO2e, with Scope 1 emissions of around 12 million tonnes and Scope 2 emissions of about 8 million tonnes. Renk has committed to achieving net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term commitment reflects Renk's dedication to reducing its carbon footprint and addressing climate change. The company has also set interim targets to ensure progress towards this goal, demonstrating a proactive approach to sustainability within the construction and engineering sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 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 | - |
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.