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 2024, 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Gates Industrial’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Gates Industrial’s data sources below and access millions more through our Disclosure Search.

a. Gates Industrial's Sustainability Report 2024
a. Gates Industrial's Sustainability Report 2024

Insights into Gates Industrial's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Gates Industrial amounted to 248,700 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 2023, the total operational greenhouse gas (GHG) emissions of Gates Industrial decreased by 9.2%, 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

201920202021202220232024035 k70 k105 k140 ktCO2e+3%+14%0%-4%-14%
  • Total Scope 1
  • Year-over-Year Change

What are Gates Industrial's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Gates Industrial were 106,200 metric tons of CO₂ equivalent (tCO₂e). a

Has Gates Industrial reduced its Scope 1 emissions over time?

Since 2019, Gates Industrial's Scope 1 emissions have decreased by 3.19%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Gates Industrial's Scope 1 emissions decreased by 13.87%, 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 2024, Gates Industrial reported Scope 2 greenhouse gas (GHG) emissions of 142,500 tCO₂e 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 17.44%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), 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 2024, Gates Industrial reported its Scope 2 emissions using the location-based method. a

Gates Industrial's Scope 2 Emissions Over Time

201920202021202220232024045 k90 k135 k180 ktCO2e
  • Total Scope 2 Location-Based

Insights into Gates Industrial’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Gates Industrial reported Scope 1 greenhouse gas (GHG) emissions of 106,200 tCO₂e and total revenues of USD 3,408 millions. This translates into an emissions intensity of 31.16 tCO₂e per millions USD. a

Gates Industrial's Scope 1 Emissions Intensity Compared to Peers

1,0005,00020,000200,0001,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)Watts Water TechnologiesYear: 2024Scope 1: 10,712 tCO2eRevenue: $M 2,252Scope 1 Intensity: 4.76 tCO2e/$MEmerson ElectricYear: 2024Scope 1: 64,976 tCO2eRevenue: $M 17,492Scope 1 Intensity: 3.71 tCO2e/$MOtis WorldwideYear: 2024Scope 1: 120,275 tCO2eRevenue: $M 14,261Scope 1 Intensity: 8.43 tCO2e/$MParker-HannifinYear: 2023Scope 1: 127,000 tCO2eRevenue: $M 19,065Scope 1 Intensity: 6.66 tCO2e/$MEnproYear: 2024Scope 1: 11,394 tCO2eRevenue: $M 1,049Scope 1 Intensity: 10.86 tCO2e/$MRegal RexnordYear: 2024Scope 1: 61,149 tCO2eRevenue: $M 6,034Scope 1 Intensity: 10.13 tCO2e/$MKadantYear: 2024Scope 1: 30,384 tCO2eRevenue: $M 1,053Scope 1 Intensity: 28.84 tCO2e/$MAMETEKYear: 2024Scope 1: 29,700 tCO2eRevenue: $M 6,941Scope 1 Intensity: 4.28 tCO2e/$MIDEXYear: 2024Scope 1: 17,116 tCO2eRevenue: $M 3,269Scope 1 Intensity: 5.24 tCO2e/$MXylemYear: 2023Scope 1: 76,221 tCO2eRevenue: $M 7,364Scope 1 Intensity: 10.35 tCO2e/$MITTYear: 2023Scope 1: 32,312 tCO2eRevenue: $M 3,283Scope 1 Intensity: 9.84 tCO2e/$MIllinois Tool WorksYear: 2024Scope 1: 129,526 tCO2eRevenue: $M 15,898Scope 1 Intensity: 8.15 tCO2e/$MGenerac HoldingsYear: 2024Scope 1: 30,367 tCO2eRevenue: $M 4,296Scope 1 Intensity: 7.07 tCO2e/$MCumminsYear: 2023Scope 1: 294,863 tCO2eRevenue: $M 34,065Scope 1 Intensity: 8.66 tCO2e/$MIngersoll Rand IncYear: 2024Scope 1: 38,932 tCO2eRevenue: $M 7,235Scope 1 Intensity: 5.38 tCO2e/$MDonaldsonYear: 2023Scope 1: 23,797 tCO2eRevenue: $M 3,431Scope 1 Intensity: 6.94 tCO2e/$MGracoYear: 2023Scope 1: 14,247 tCO2eRevenue: $M 2,196Scope 1 Intensity: 6.49 tCO2e/$MNordsonYear: 2023Scope 1: 5,986 tCO2eRevenue: $M 2,629Scope 1 Intensity: 2.28 tCO2e/$MRockwell AutomationYear: 2024Scope 1: 26,604 tCO2eRevenue: $M 8,264Scope 1 Intensity: 3.22 tCO2e/$MMiddlebyYear: 2021Scope 1: 17,748 tCO2eRevenue: $M 3,251Scope 1 Intensity: 5.46 tCO2e/$MGE VernovaYear: 2024Scope 1: 226,811 tCO2eRevenue: $M 34,935Scope 1 Intensity: 6.49 tCO2e/$MCraneYear: 2023Scope 1: 13,970 tCO2eRevenue: $M 2,086Scope 1 Intensity: 6.70 tCO2e/$MA O SmithYear: 2019Scope 1: 71,824 tCO2eRevenue: $M 2,993Scope 1 Intensity: 24.00 tCO2e/$MGates IndustrialYear: 2024Scope 1: 106,200 tCO2eRevenue: $M 3,408Scope 1 Intensity: 31.16 tCO2e/$M

How does Gates Industrial's GHG emissions intensity compare to its peers?

In 2024, Gates Industrial reported a Scope 1 emissions intensity of 31.16 tCO₂e per millions USD. Compared to the peer group median of 6.7 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Gates Industrial rank on GHG emissions intensity within its industry?

In 2024, Gates Industrial ranked 24 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Gates Industrial among the least efficient performers, with one of the highest emissions intensities in its sector. a

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