WEG SA

Common Name
WEG
Country
Brazil
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
47,529
Ticker
WEGE3
Exchange
B3 S.A.
Description
Weg S.A. is a globally renowned multinational company in the industrial technology sector, primarily focused on the design and manufacture of electrical equipment and solutions. The company specialize...

WEG's Climate Target Data Preview

As of 2024, WEG has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into WEG ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind WEG’s Climate Targets Data

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a. WEG's Integrated Report 2024
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Insights into WEG's Greenhouse Gas Emissions Pathways

As of 2024, WEG has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does WEG have a target to reduce the emissions from its operations?

As of 2024, WEG has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

WEG's most ambitious operational target is to reduce these emissions by 52% by 2030, compared to a baseline of 177,891 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, WEG is ahead of schedule on its operational emissions reduction target, having achieved 54.25% of the planned reduction. a

WEG's Operational (Scope 1+2) Emissions Pathway

202120242030045 k90 k135 k180 kBaselineCurrent (-28%)Target 2030 (-52%)
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