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.
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.
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.
Gates's score of 25 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Gates reported total carbon emissions of approximately 277,800,000 kg CO2e, comprising about 127,300,000 kg CO2e from Scope 1 and about 150,600,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from previous years, with emissions decreasing from approximately 291,900,000 kg CO2e in 2022 and 308,300,000 kg CO2e in 2021. Over the years, Gates has demonstrated a commitment to reducing its carbon footprint. For instance, in 2020, the company reported approximately 283,200,000 kg CO2e, which was a reduction from 282,200,000 kg CO2e in 2019. The trend shows a consistent effort to lower emissions, with a notable decrease in emissions intensity, reaching approximately 0.0778 kg CO2e per USD of revenue in 2023. Despite the absence of specific reduction targets or climate pledges, Gates' ongoing efforts to monitor and reduce its emissions reflect a proactive approach to sustainability. The company continues to focus on improving its operational efficiency and reducing its environmental impact in alignment with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
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 | - | - | - | - | - | - | - | - | - |
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.
Gates 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.