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) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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.
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.
In 2023, the total Scope 1 emissions of WEG were 49,919 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
In 2023, WEG reported Scope 2 greenhouse gas (GHG) emissions of 63,506 tCOâ‚‚e using the market-based method.
In 2023, WEG reported its Scope 2 emissions using the market-based method.
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.
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.
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.
In 2023, the largest contributors to WEG's Scope 3 emissions were:
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%.