Regal Rexnord Corporation, commonly referred to as Regal Rexnord, is a leading player in the power transmission and motion control industry, headquartered in the United States. Founded in 2021 through the merger of Regal Beloit and Rexnord's Process & Motion Control segment, the company has quickly established itself as a key innovator in its field. With a strong presence across North America, Europe, and Asia, Regal Rexnord offers a diverse range of core products, including electric motors, gearboxes, and bearings. These products are distinguished by their advanced engineering and energy-efficient designs, catering to various sectors such as industrial automation, aerospace, and renewable energy. Regal Rexnord's commitment to quality and innovation has positioned it as a trusted partner for businesses seeking reliable solutions, making significant strides in sustainability and operational efficiency within the industry.
How does Regal Rexnord's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Furniture Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Regal Rexnord's score of 51 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Regal Rexnord reported total carbon emissions of approximately 76,032,000 kg CO2e for Scope 1 and about 178,751,000 kg CO2e for Scope 2, resulting in a combined total of around 254,783,000 kg CO2e for both scopes. This reflects a commitment to transparency in their emissions reporting, as they have disclosed data for both Scope 1 and Scope 2 emissions. Regal Rexnord has set ambitious climate commitments, aiming for carbon neutrality in both Scope 1 and Scope 2 emissions by 2032. This target was announced during their Investor Day on September 13, 2022, and aligns with their long-term sustainability goals. Additionally, they achieved a 10% absolute reduction in Scope 1 and 2 greenhouse gas emissions from 2022 to 2023, demonstrating progress towards their targets. The company has also committed to long-term net-zero targets across all scopes, with a goal set for 2050. Regal Rexnord's initiatives reflect a proactive approach to addressing climate change, aligning with key United Nations Sustainable Development Goals and industry standards for emissions reduction.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 7,462,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 259,945,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | 00,000,000,000 | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Regal Rexnord is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.