Gates Industrial Corporation PLC

Common Name
Gates Industrial
Country
United States
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
14,100
Ticker
GTES
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Gates Industrial Corporation plc is a manufacturer of power transmission and fluid power solutions that serve a broad range of industrial and automotive applications worldwide. The company specializes...

Gates Industrial's Climate Target Data Preview

As of 2024, Gates Industrial has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Gates Industrial ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
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Verified Sources Behind Gates Industrial’s Climate Targets Data

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a. Gates Industrial's Sustainability Report 2024
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Insights into Gates Industrial's Greenhouse Gas Emissions Pathways

As of 2024, Gates Industrial has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Gates Industrial have a target to reduce the emissions from its operations?

As of 2024, Gates Industrial has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Gates Industrial's most ambitious operational target is to reduce these emissions by 15% by 2025, compared to a baseline of 282,200 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, Gates Industrial is on track to meet its operational emissions reduction target, having achieved 79.13% of the planned reduction. a

Gates Industrial's Operational (Scope 1+2) Emissions Pathway

201920242025075 k150 k225 k300 kBaselineCurrent (-12%)
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