Renold Sustainability Profile
Renold, officially known as Renold plc, is a leading manufacturer in the power transmission and chain industry, headquartered in Great Britain. Established in 1880, the company has built a strong reputation for its innovative solutions in the design and production of high-quality chains, gears, and couplings, serving diverse sectors such as manufacturing, mining, and transportation. With operational facilities across Europe, North America, and Asia, Renold has achieved significant milestones, including advancements in chain technology and a commitment to sustainability. Their core products, including precision-engineered roller chains and bespoke drive solutions, are distinguished by their durability and performance, making them a preferred choice for industries requiring reliable power transmission. Renold's market position is bolstered by its dedication to quality and customer service, earning accolades for excellence in engineering and manufacturing. As a trusted name in the industry, Renold continues to set benchmarks for innovation and reliability in power transmission solutions.
DitchCarbon Score
How does Renold'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 Machinery and Equipment 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
Renold's score of 43 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Renold's reported carbon emissions
In 2024, Renold's total carbon emissions amounted to approximately 18,270,000 kg CO2e, comprising 6,036,000 kg CO2e from Scope 1 and 12,235,000 kg CO2e from Scope 2 emissions. This represents a decrease from 2023, where total emissions were about 19,998,000 kg CO2e, with Scope 1 emissions at 7,091,000 kg CO2e and Scope 2 at 12,907,000 kg CO2e. Renold's emissions data for 2022 indicates a total of 13,360,000 kg CO2e in the UK, but specific Scope 1 and 2 figures for that year are not disclosed. The company has not set any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges, indicating a potential area for future commitment. The emissions data is sourced directly from Renold plc, with no cascading from a parent organization. The company continues to monitor its emissions and aims for improvements in its carbon footprint, aligning with industry standards for climate accountability.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 9,750,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 20,503,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Renold's Industry?
How Carbon Intensive is Renold's Location?
Renold's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Renold has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
