Gates Sustainability Profile
Gates Corporation, commonly referred to as Gates, is a leading global manufacturer headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1911, Gates has established itself in the automotive and industrial sectors, specialising in power transmission and fluid power solutions. The company is renowned for its innovative products, including belts, hoses, and hydraulic systems, which are designed to enhance performance and durability. Gates' commitment to quality and engineering excellence has positioned it as a trusted partner for various industries, from automotive to manufacturing. With a rich history of milestones, including advancements in technology and sustainability, Gates continues to be a market leader, recognised for its contributions to improving efficiency and reliability in mechanical systems worldwide.
DitchCarbon Score
How does Gates'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 Electricity Transmission 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
Gates's score of 33 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gates's reported carbon emissions
In 2024, Gates reported total emissions of approximately 248.7 billion kg CO2e, encompassing both Scope 1 and Scope 2 emissions. For the previous year, 2023, the company disclosed Scope 1 emissions of about 127.3 million kg CO2e and Scope 2 emissions of approximately 150.6 million kg CO2e, resulting in a combined total of about 277.8 million kg CO2e for Scope 1 and 2. Gates has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets through initiatives such as the Science Based Targets initiative (SBTi). The absence of documented reduction initiatives suggests a need for further commitment to climate action. The emissions data is sourced directly from Gates Industrial Corporation plc, with no cascaded data from a parent or related organization. Overall, while Gates has made strides in reporting their emissions, the lack of comprehensive reduction targets and Scope 3 data indicates potential areas for improvement in their climate commitments.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 109,600,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
| Scope 2 | 218,340,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
| Scope 3 | - | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Gates's Industry?
How Carbon Intensive is Gates's Location?
Gates'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.
Gates has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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