Gates Industrial Corporation PLC
Gates Industrial Energy Data Preview
In 2023, Gates Industrial disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Gates Industrial also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, Gates Industrial also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
However, Gates Industrial did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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Insights into Gates Industrial's Energy Renewability
In 2023, Gates Industrial consumed a total of 3.49 million Gigajoules of energy across its operations. Of this total, 5.29% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 94.71% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
Gates Industrial's Energy Renewability Rate
How much of Gates Industrial's energy consumed is renewable?
In 2023, Gates Industrial consumed a total of 3.49 million Gigajoules of energy, of which 5.29% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Gates Industrial has considerable room to improve its energy sustainability strategy.
Are Gates Industrial's energy practices becoming more sustainable?
Since 2019, Gates Industrial's total energy consumption increased by 1.45%, but declined by 5.6% in 2023, suggesting a recent moderation in energy use.
Over the same period, the share of renewable energy decreased by 1.02%, and then stabilized in 2023, indicating a halt in further decline without signs of active improvement.
Overall, Gates Industrial’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.
Gates Industrial's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Gates Industrial's Energy Inflows & Self-Sufficiency
In 2023, Gates Industrial reported total energy inflows of 1.34 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 1.16 million Gigajoules purchased from external suppliers and 184,558.4 Gigajoules generated through internal production. This corresponds to a production share of 13.73%, reflecting a 33.16% percentage point decrease from the previous year (2022) and a 15.76% percentage point decrease since 2019.
Gates Industrial's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.
Gates Industrial's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased