Gentex Corp

Common Name
Gentex
Country
United States
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
6,184
Ticker
GNTX
Exchange
NASDAQ/NGS
Description
Gentex Corporation specializes in the design and manufacture of automatic-dimming rearview mirrors and electronics for the automotive industry. As a leading supplier, its products enhance vehicle safe...

Gentex's Climate Target Data Preview

As of 2024, Gentex has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, 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 Gentex ’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
2026
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2031
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2041
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Verified Sources Behind Gentex’s Climate Targets 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 Gentex’s data sources below and access millions more through our Disclosure Search.

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

As of 2024, Gentex 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 Gentex have a target to reduce the emissions from its operations?

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

Gentex's most ambitious operational target is to reduce these emissions by 70% by 2041, compared to a baseline of 104,321 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

Instead of reducing operational emissions, Gentex has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target. a

Gentex's Operational (Scope 1+2) Emissions Pathway

20212023202620312041030 k60 k90 k120 kCurrent (+7%)Target 2026 (-15%)Target 2031 (-40%)Target 2041 (-70%)
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