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 2023, 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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2025

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Gates Industrial's Greenhouse Gas Emissions Pathways

As of 2023, 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.

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

As of 2023, Gates Industrial has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

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.

As of 2023, Gates Industrial is lagging behind on its operational emissions reduction target, having achieved 10.4% of the planned reduction.

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

201920232025075 k150 k225 k300 kCurrent (-2%)Target 2025 (-15%)
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