Gates Releases 2023 Corporate Sustainability Report
Gates (NYSE: GTES), a global manufacturer of power transmission and fluid power solutions, has released its 2023 Sustainability Report. The report highlights progress in four key areas: Governance, Technology, Environment, and Stewardship. Notable achievements include:
- Bringing 818,000 kWh of solar energy online
- Reducing 18M kWh of natural gas and 7M kWh of electricity consumption
- 20% decrease in Total Case Incident Rates (TCIR)
- 15% reduction in severe injuries
Gates continues to focus on decarbonization, waste reduction, and water conservation. The company's sustainability reporting aligns with international standards, including IFRS, SASB, TCFD, GRI, and UN SDGs. Gates employees are actively involved in community volunteer activities, demonstrating the company's commitment to making a positive impact globally.
Gates (NYSE: GTES), un produttore globale di soluzioni per la trasmissione di energia e potenza fluida, ha pubblicato il suo Rapporto di Sostenibilità 2023. Il rapporto evidenzia progressi in quattro aree chiave: Governance, Tecnologia, Ambiente e Responsabilità. Tra i risultati notevoli si annoverano:
- La messa online di 818.000 kWh di energia solare
- Una riduzione di 18 milioni di kWh di consumo di gas naturale e 7 milioni di kWh di elettricità
- Una diminuzione del 20% nei tassi totali di incidente (TCIR)
- Una riduzione del 15% delle lesioni gravi
Gates continua a concentrarsi sulla decarbonizzazione, riduzione dei rifiuti e conservazione dell'acqua. La rendicontazione della sostenibilità dell'azienda è allineata agli standard internazionali, tra cui IFRS, SASB, TCFD, GRI e gli SDG delle Nazioni Unite. I dipendenti di Gates sono attivamente coinvolti in attività di volontariato nella comunità, dimostrando l'impegno dell'azienda a creare un impatto positivo a livello globale.
Gates (NYSE: GTES), un fabricante global de soluciones de transmisión de energía y potencia de fluidos, ha publicado su Informe de Sostenibilidad 2023. El informe destaca el progreso en cuatro áreas clave: Gobernanza, Tecnología, Medio Ambiente y Responsabilidad. Los logros notables incluyen:
- Poner en línea 818,000 kWh de energía solar
- Reducir 18M kWh de consumo de gas natural y 7M kWh de electricidad
- Disminución del 20% en las tasas totales de incidentes (TCIR)
- Reducción del 15% en lesiones graves
Gates sigue enfocándose en la descarbonización, la reducción de residuos y la conservación del agua. La presentación de informes de sostenibilidad de la compañía se alinea con estándares internacionales, incluyendo IFRS, SASB, TCFD, GRI y ODS de la ONU. Los empleados de Gates están activamente involucrados en actividades de voluntariado en la comunidad, demostrando el compromiso de la empresa de generar un impacto positivo a nivel global.
게이츠(NYSE: GTES), 글로벌 파워 전송 및 유체 동력 솔루션 제조업체는 2023 지속 가능성 보고서를 발표했습니다. 이 보고서는 거버넌스, 기술, 환경 및 책임이라는 네 가지 주요 분야에서의 발전을 강조합니다. 주목할 만한 성과는 다음과 같습니다:
- 818,000 kWh의 태양 에너지 온라인 가동
- 천연가스 1800만 kWh와 전기 700만 kWh 소비 감소
- 총 사례 사고율(TCIR) 20% 감소
- 중상해 15% 감소
게이츠는 여전히 탈탄소화, 폐기물 감소 및 물 보존에 중점을 두고 있습니다. 이 회사의 지속 가능성 보고는 IFRS, SASB, TCFD, GRI 및 UN SDGs와 같은 국제 표준에 맞춰져 있습니다. 게이츠 직원들은 지역 사회 자원봉사 활동에 적극적으로 참여하여 전 세계적으로 긍정적인 영향을 미치려는 회사의 의지를 보여주고 있습니다.
Gates (NYSE: GTES), un fabricant mondial de solutions de transmission d'énergie et d'énergie hydraulique, a publié son Rapport de durabilité 2023. Le rapport met en avant des progrès dans quatre domaines clés : Gouvernance, Technologie, Environnement et Responsabilité. Parmi les réalisations notables, on trouve :
- Mise en ligne de 818 000 kWh d'énergie solaire
- Réduction de 18 millions de kWh de consommation de gaz naturel et de 7 millions de kWh d'électricité
- Diminution de 20 % des taux d'incidents totaux (TCIR)
- Réduction de 15 % des blessures graves
Gates continue de se concentrer sur la décarbonisation, la réduction des déchets et la conservation de l'eau. La communication sur la durabilité de l'entreprise est conforme aux normes internationales, y compris les IFRS, SASB, TCFD, GRI et les ODD de l'ONU. Les employés de Gates sont activement impliqués dans des activités de bénévolat communautaire, démontrant l'engagement de l'entreprise à avoir un impact positif à l'échelle mondiale.
Gates (NYSE: GTES), ein globaler Hersteller von Lösungen für die Energieübertragung und Fluidtechnik, hat seinen Nachhaltigkeitsbericht 2023 veröffentlicht. Der Bericht hebt Fortschritte in vier Schlüsselbereichen hervor: Governance, Technologie, Umwelt und Verantwortung. Zu den bemerkenswerten Leistungen gehören:
- Inbetriebnahme von 818.000 kWh Solarenergie
- Reduzierung des Verbrauchs von Erdgas um 18 Millionen kWh und von Elektrizität um 7 Millionen kWh
- 20% Rückgang der Gesamtunfallraten (TCIR)
- 15% Rückgang schwerer Verletzungen
Gates setzt weiterhin auf Dekarbonisierung, Abfallvermeidung und Wasserschutz. Die Nachhaltigkeitsberichterstattung des Unternehmens entspricht internationalen Standards wie IFRS, SASB, TCFD, GRI und den UN-Zielen für nachhaltige Entwicklung (SDGs). Die Mitarbeiter von Gates engagieren sich aktiv in ehrenamtlichen Tätigkeiten in der Gemeinschaft und demonstrieren damit das Engagement des Unternehmens für einen positiven globalen Einfluss.
- None.
- None.
Sixth Annual Report Highlights Continued Progress in Four Pillars of Sustainability Strategy: Governance, Technology, Environment, and Stewardship
"Gates is an innovation-driven company striving to improve our impact on people and the environment, taking into account the materials we use, our manufacturing processes, and the communities where we live and work," said Ivo Jurek, chief executive officer of Gates. "I'm proud of the ongoing commitment from our global teams to advance our sustainability efforts company-wide. We have further invested in our "GTES" organizational capabilities, established additional governance processes, enhanced our reporting to align with global standards, and continued to leverage our Eco-Innovation™ process to develop and manufacture products with a reduced environmental footprint while supporting our customers on their sustainability journeys."
As part of these efforts, the company has brought 818,000 kWh of solar energy online and invested in infrastructure projects to reduce 18M kWh of natural gas and 7M kWh of electricity consumption. With these key projects along with 73 other active GHG reduction projects underway, Gates remains steadfast in its pursuit of decarbonization. Gates is also working to reduce hazardous waste, landfill, and water consumption while increasing the number of zero-waste sites.
In 2023, Gates continued to achieve progress in enhancing health and safety across global operations through proactive efforts to reduce risk, the Life Critical Requirements program, and additional levels of training and communications across our global facilities and our workforce. The company saw a
Across the globe, Gates employees are making meaningful contributions to their communities through a wide array of volunteer activities. Whether mentoring students in STEM programs, leading a local reforestation project, or offering hands-on support at food banks and community shelters, these efforts reflect a dedication to making a positive, lasting impact in the communities where they live and work.
Gates sustainability reporting process applies the standards and guidelines expressed by the International Financial Reporting Standards (IFRS) Foundation and its Sustainability Accounting Standards Board (SASB), and the Task Force on Climate-related Financial Disclosures (TCFD). Reporting is also informed by the Global Reporting Initiative (GRI) and United Nations Sustainable Development Goals (SDGs).
For more details, please see the full Gates 2023 Sustainability Report, available to view or download at www.gates.com/sustainability
About Gates Industrial Corporation plc
Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse replacement channel customers, and to original equipment manufacturers as specified components. For more than a century, Gates has pushed the boundaries of materials science to engineer products that exceed expectations in many sectors of the industrial and consumer markets. Our products play essential roles in a diverse range of applications across a wide variety of end markets including industrial on-highway, industrial off-highway, mobility and recreation, automotive, energy and resources as well as diversified industrial. Our products are sold in more than 130 countries across our four commercial regions: the
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are related to and based on management's current expectations regarding the performance of the Company's business and its plans, objectives, and intentions. Such forward-looking statements are subject to various risks and uncertainties that could cause the Company's results to differ materially from those described in the forward-looking statements. Certain of these risks and uncertainties are discussed in the Company's Annual Report on Form 10-K for the fiscal year ended December 30, 2023, filed with the Securities and Exchange Commission ("SEC"). These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the Company's filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement should circumstances change, except as required by law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/gates-releases-2023-corporate-sustainability-report-302240605.html
SOURCE Gates Corporation
FAQ
What are the key highlights of Gates' 2023 Sustainability Report?
How is Gates (GTES) addressing environmental sustainability in 2023?
What safety improvements did Gates (GTES) report in 2023?
Which sustainability reporting standards does Gates (GTES) follow in its 2023 report?
