Renold
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 27 is higher than 59% 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 2023, Renold plc reported total carbon emissions of approximately 1,135,000 kg CO2e in Great Britain, comprising 607,000 kg CO2e from Scope 1, 526,000 kg CO2e from Scope 2, and 7,000 kg CO2e from Scope 3 emissions. The company's global emissions for the same year reached about 19,998,000 kg CO2e, with 7,091,000 kg CO2e from Scope 1 and 12,907,000 kg CO2e from Scope 2. Renold has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from a parent organization, indicating that it operates independently in its reporting and climate commitments. The emissions intensity for Renold in 2023 was reported at approximately 95,600 kg CO2e per unit of revenue. This figure reflects the company's ongoing efforts to monitor and manage its carbon footprint, although no formal reduction targets have been established. Overall, Renold plc is actively engaged in tracking its emissions but has yet to commit to specific reduction initiatives or targets within the framework of recognised climate action standards.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 8,097,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 18,012,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - |
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.
Renold 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.
