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 GHG Emissions Data Preview

In 2023, WEG completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

WEG has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into WEG's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of WEG amounted to 113,425 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of WEG decreased by 18.94%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

WEG's Scope 1 Emissions Over Time

2020202120222023015 k30 k45 k60 ktCO2e+43%+15%-9%
  • Total Scope 1
  • Year-over-Year Change

What are WEG's Scope 1 emissions?

In 2023, the total Scope 1 emissions of WEG were 49,919 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has WEG reduced its Scope 1 emissions over time?

Since 2020, WEG's Scope 1 emissions have increased by 49.49%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), WEG's Scope 1 emissions decreased by 9.01%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are WEG's Scope 2 emissions?

In 2023, WEG reported Scope 2 greenhouse gas (GHG) emissions of 63,506 tCOâ‚‚e using the market-based method.

What methodology does WEG use for Scope 2 reporting?

In 2023, WEG reported its Scope 2 emissions using the market-based method.

WEG's Scope 2 Emissions Over Time

2020202120222023030 k60 k90 k120 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into WEG's Value Chain Emissions

In 2023, WEG reported 21,803,746 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of WEG includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

WEG's Scope 3 Emissions Over Time

20212022202307 M14 M21 M28 MtCO2e-19%0%
  • Total Scope 3
  • Year-over-Year Change

What are WEG's Scope 3 emissions?

In 2023, WEG reported total Scope 3 emissions of 21,803,746 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 6.88% of these emissions originated from upstream activities such as purchased goods and capital goods, while 93.12% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), WEG's Scope 3 emissions remained relatively stable, indicating that WEG 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does WEG disclose?

In 2023, WEG reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of WEG's Scope 3 emissions?

In 2023, the largest contributors to WEG's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 20,303,576 tCOâ‚‚e (93.12%)
  • Purchased Goods and Services (Cat. 1): 1,084,553 tCOâ‚‚e (4.97%)
  • Upstream Transportation and Distribution (Cat. 4): 266,913 tCOâ‚‚e (1.22%)

WEG's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(5.0%)Use of Sold Products(Cat. 11)(93.1%)UpstreamTransportation andDistribution(Cat. 4)(1.2%)

Insights into WEG's Total Carbon Footprint

In 2023, WEG reported a total carbon footprint of 21,917,171 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.12% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to WEG's total carbon footprint was Scope 3 emissions, accounting for 99.48% of the company's total carbon footprint, followed by Scope 2 emissions at 0.29%.

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