REGAL REXNORD PUBLISHES 2024 SUSTAINABILITY REPORT
Rhea-AI Summary
Regal Rexnord (NYSE: RRX) has released its 2024 Sustainability Report, highlighting significant progress in environmental initiatives. The company achieved a 13% reduction in absolute Scope 1 and 2 GHG emissions and decreased GHG emission intensity by 9.8% year-over-year, advancing towards its goal of carbon emission neutrality by 2032.
The report outlines how sustainability is integrated into RRX's growth strategy through innovative product development, workplace diversity initiatives, and corporate governance practices. The company's efforts were recognized by Barron's, ranking 36th among the 100 most sustainable U.S. companies in 2025.
The report aligns with TCFD, GRI, and SASB standards, covering fiscal year 2024 and recent 2025 developments.
Positive
- 13% year-over-year reduction in absolute Scope 1 and 2 GHG emissions
- 9.8% decrease in GHG emission intensity
- Ranked 36th on Barron's 2025 list of 100 most sustainable U.S. companies
- Clear progress toward 2032 carbon neutrality goal
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, RRX declined 1.17%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
- Developing innovative products and sustainable solutions that customers value, while intentionally factoring environmental considerations into how they are designed and manufactured;
- Creating a workplace that invites diversity of thought, experiences, and backgrounds, where all associates are included and can leverage their unique perspectives to foster innovation and drive success for customers, fellow associates, and shareholders; and
- Maintaining sound corporate governance policies and practices that are considered a cornerstone of effective risk management.
The Sustainability Report provides a strategic update on how the Company is operating consistently with its business purpose, which is to Create a Better Tomorrow with Sustainable Solutions that Power, Transmit, and Control Motion. Helping customers, communities, and the planet by providing sustainable solutions remains core to how and why Regal Rexnord operates.
The report also shares progress towards the Company's goal of achieving carbon emission neutrality across Scope 1 and 2 GHG emissions by 2032. In 2024, the Company achieved a
"Helping our customers, our communities, and our planet by providing sustainable products remains core to how and why we operate," said Louis Pinkham, CEO. "It is integrated into our growth strategy and embedded in our purpose. We were extremely pleased to see our progress and contributions around sustainability recognized externally, most recently by
Mr. Pinkham continued, "Looking ahead, our strategy will continue to include advancing innovation and sustainability initiatives that align with our Regal Rexnord values, support our emission reduction targets, and help our customers achieve their sustainability goals. I believe a key to our continued success is acknowledging that our customers' environmental objectives and our pursuit of profitable growth opportunities can be synergistic."
Regal Rexnord's annual sustainability report and accompanying disclosures demonstrate its progress around the world and provide key data and metrics prepared in general alignment with the Task Force on Climate-Related Financial Disclosure (TCFD), the Global Reporting Initiative (GRI), and the Sustainability Accounting Standards Board (SASB). The report covers the fiscal year that ended December 31, 2024, with reference to certain actions and developments during 2025. The current and prior sustainability reports are available here and on the Regal Rexnord investor relations website.
About Regal Rexnord
Regal Rexnord's 30,000 associates around the world help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company's electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company's automation offering, comprised of controllers, drives, precision motors, and actuators, controls motion in applications ranging from factory automation to precision tools used in surgical applications.
The Company's end markets benefit from meaningful secular demand tailwinds, and include discrete automation, food & beverage, aerospace, medical, data center, energy, residential and commercial buildings, general industrial, and metals and mining.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord is headquartered in
Forward Looking Statements
All statements in this communication, other than those relating to historical facts, are "forward-looking statements." Forward-looking statements can generally be identified by their use of terms such as "anticipate," "believe," "expect," "intend," "plan," "may," "will," "would," "could," "should," and similar expressions, including references to assumptions. Forward-looking statements are not guarantees of future performance and are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from such statements.
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SOURCE Regal Rexnord Corporation
FAQ
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