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 GHG Emissions Data Preview

In 2023, Gates Industrial completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Gates Industrial has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Location-Based
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Insights into Gates Industrial's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Gates Industrial amounted to 277,900 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Gates Industrial decreased by 4.8%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Gates Industrial's Scope 1 Emissions Over Time

20192020202120222023035 k70 k105 k140 ktCO2e+3%+14%0%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Gates Industrial's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Gates Industrial were 127,300 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Has Gates Industrial reduced its Scope 1 emissions over time?

Since 2019, Gates Industrial's Scope 1 emissions have increased by 16.04%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Gates Industrial's Scope 1 emissions decreased by 1.24%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Gates Industrial's Scope 2 emissions?

In 2023, Gates Industrial reported Scope 2 greenhouse gas (GHG) emissions of 150,600 tCOâ‚‚e using the location-based method. a

Has Gates Industrial reduced its Scope 2 emissions over time?

Since 2019, Gates Industrial's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 12.75%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Gates Industrial's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Gates Industrial 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Gates Industrial use for Scope 2 reporting?

In 2023, Gates Industrial reported its Scope 2 emissions using the location-based method. a

Gates Industrial's Scope 2 Emissions Over Time

20192020202120222023045 k90 k135 k180 ktCO2e
  • Total Scope 2 Location-Based
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