Gates, a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, recently released its 2021 sustainability report detailing its commitment and progress toward the company’s sustainability goals.
According to a Gates press release, the company’s sustainability framework encompasses four key pillars – governance, technology, the environment, and stewardship (GTES). The framework was developed to codify the company’s focus on sustainability.
Already aligned with the United Nations Sustainable Development Goals and grounded in the company’s core values, Gates’ sustainability efforts advanced during 2021, making significant progress against metrics in all four areas of the GTES framework focus, Gates said. It now also reports in accordance with Global Reporting Initiative Standards, used for sustainability reporting.
According to the press release, at the core of Gates’ environmental sustainability efforts is the Eco-Innovation process, which reflects the company’s focus on delivering products that feature greater efficiency, safety and a smaller environmental footprint throughout their full life cycle. Eco-Innovation relies on the combination of materials science advancements, product design optimization, and process engineering improvements to deliver products that require less material to meet demanding customer requirements, and which are made using manufacturing processes that generate less waste and require less energy, water, and greenhouse gas emissions.
For more information and to view the full report, visit www.gates.com/sustainability.