Gates Industrial Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2020, 2019

In its 2023 reporting, Gates Industrial Corporation disclosed greenhouse gas emissions of 277.8 Mmt CO2e. By scope: Scope 1: 127.3 Mmt CO2e; Scope 2: 150.6 Mmt CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
277.8 Mmt CO2e
2023
⚡
Renewable Energy
8.5% of total GWh
of total energy
💧
Water Usage
1.8 million cubic meters
2023
♻️
Waste
39 thousand metric tons
2023
⚙️
Energy Use
3.5M GJ
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).127.3 Mmt CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.150.6 Mmt CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023277.8 Mmt CO2e
2022273.5 Thousand metric tons CO2e
202086.21 thousand metric tons of CO2 equivalent (Scope 1) and 170.56 thousand metric tons of CO2 equivalent (Scope 2)
2019308.0K tCO2e/year (2019)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce total energy consumption by 2025.
  • Reduce total operational GHG emissions by 15% by 2025 (based on a 2019 baseline).

🌱 ESG Focus Areas

Corporate Governance and Business EthicsGreenhouse Gases and Air EmissionsEnergy Efficiency and Clean Energy UtilizationWaste Management and Product StewardshipEnvironmental Policy and Management SystemsWorkforce Health and SafetyHuman Capital Management

⚠️ Challenges & Risks +

  • Increased energy consumption due to corporate growth.
  • Supply chain disruptions (implied).

📋 Report Information

Reporting Period: 2023
Frameworks: SASB, GRI, UN SDGs
Assurance: ERM Certification & Verification Services Incorporated