Gates Releases Corporate Sustainability Report

Gates, a provider of application-specific fluid power and power transmission solutions, recently released its 2020 Sustainability Report. 

The report features a comprehensive set of initiatives and programs organized around Gates’ four pillars of sustainability – governance, technology, the environment, and stewardship (GTES).

The acronym GTES, which has been intentionally designed to keep sustainability top-of-mind with all Gates employees, mirrors the company’s NYSE ticker and stands for:

• Governance (G): Includes the company’s board structure and operating cadence, regulatory compliance, and ethical sourcing initiatives.
• Technology (T): Highlights the eco-driven innovation initiatives that rely on materials science, product design, and process innovation to reduce the environmental impact of our products through their entire lifecycle.
• Environment (E): Speaks to Gates’ ongoing, multifaceted, and global commitment to conducting business with respect and consideration for the planet, including reducing greenhouse gas emissions, conserving energy and water, recycling, and minimizing waste. 
• Stewardship (S): Encompasses employee health and safety, diversity, equity, and inclusion, as well as community engagement.

Each of these areas of focus took on increased importance during the challenges presented by 2020 and, despite the environment, Gates accelerated its progress toward many of its sustainability goals. 

For more information and to download the report, visit www.gates.com/sustainability.