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 2024, 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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a
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0000000
Total Scope 2
Market-Based
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a
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a
0000000
Location-Based
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a
0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind WEG’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore WEG’s data sources below and access millions more through our Disclosure Search.

a. WEG's Integrated Report 2024
a. WEG's Integrated Report 2024
b. WEG's Integrated Report 2022
b. WEG's Integrated Report 2022

Insights into WEG's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of WEG amounted to 150,155 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). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of WEG decreased by 2.44%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

WEG's Scope 1 Emissions Over Time

20202021202220232024020 k40 k60 k80 ktCO2e+79%+13%-13%+4%
  • Total Scope 1
  • Year-over-Year Change

What are WEG's Scope 1 emissions?

In 2024, the total Scope 1 emissions of WEG were 61,439 metric tons of CO₂ equivalent (tCO₂e). a

Has WEG reduced its Scope 1 emissions over time?

Since 2020, WEG's Scope 1 emissions have increased by 83.99%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), WEG's Scope 1 emissions increased by 4.46%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are WEG's Scope 2 emissions?

In 2024, WEG reported Scope 2 greenhouse gas (GHG) emissions of 66,275 tCO₂e using the market-based method and 88,716 tCO₂e using the location-based method. a

Has WEG reduced its Scope 2 emissions over time?

Since 2020, WEG's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that WEG 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2023), WEG's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that WEG 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does WEG use for Scope 2 reporting?

In 2024, WEG reported its Scope 2 emissions using the market-based method and using the location-based method. a

WEG's Scope 2 Emissions Over Time

20202021202220232024035 k70 k105 k140 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into WEG's Value Chain Emissions

In 2024, WEG reported 24,975,994 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 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 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

WEG's Scope 3 Emissions Over Time

202120222023202407.5 M15 M22.5 M30 MtCO2e-17%0%+1%
  • Total Scope 3
  • Year-over-Year Change

What are WEG's Scope 3 emissions?

In 2024, WEG reported total Scope 3 emissions of 24,975,994 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 7.34% of these emissions originated from upstream activities such as purchased goods and capital goods, while 92.66% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), WEG's Scope 3 emissions remained relatively stable, indicating that WEG 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does WEG disclose?

In 2024, WEG reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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 2024, the largest contributors to WEG's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 23,141,716 tCO₂e (92.66%)
  • Purchased Goods and Services (Cat. 1): 1,364,427 tCO₂e (5.46%)
  • Upstream Transportation and Distribution (Cat. 4): 308,104 tCO₂e (1.23%)

WEG's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(92.7%)Purchased Goods andServices (Cat. 1)(5.5%)UpstreamTransportation andDistribution(Cat. 4)(1.2%)

Insights into WEG’s GHG Emissions Intensity Compared to Industry Peers

In 2024, WEG reported Scope 1 greenhouse gas (GHG) emissions of 61,439 tCO₂e and total revenues of USD 6,149 millions. This translates into an emissions intensity of 9.99 tCO₂e per millions USD. a

WEG's Scope 1 Emissions Intensity Compared to Peers

501,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)JGPLSignifyYear: 2024Scope 1: 85,582 tCO2eRevenue: $M 6,392Scope 1 Intensity: 13.39 tCO2e/$MJJJiangsu Zhongtian TechnologyYear: 2023Scope 1: 42,600 tCO2eRevenue: $M 6,341Scope 1 Intensity: 6.72 tCO2e/$MnVent ElectricYear: 2024Scope 1: 32,812 tCO2eRevenue: $M 3,006Scope 1 Intensity: 10.92 tCO2e/$MRiyadh Cables GroupYear: 2024Scope 1: 28,470 tCO2eRevenue: $M 2,398Scope 1 Intensity: 11.87 tCO2e/$MEnerSysYear: 2023Scope 1: 48,900 tCO2eRevenue: $M 3,709Scope 1 Intensity: 13.19 tCO2e/$MAtkoreYear: 2024Scope 1: 23,200 tCO2eRevenue: $M 3,202Scope 1 Intensity: 7.25 tCO2e/$MEmbraerYear: 2024Scope 1: 45,144 tCO2eRevenue: $M 34,527Scope 1 Intensity: 1.31 tCO2e/$MAcuityYear: 2024Scope 1: 34,016 tCO2eRevenue: $M 3,841Scope 1 Intensity: 8.86 tCO2e/$MGGGotion High techYear: 2023Scope 1: 121,903 tCO2eRevenue: $M 4,447Scope 1 Intensity: 27.41 tCO2e/$MCALB GroupYear: 2023Scope 1: 307,489 tCO2eRevenue: $M 4,139Scope 1 Intensity: 74.29 tCO2e/$MHubbellYear: 2024Scope 1: 50,870 tCO2eRevenue: $M 5,629Scope 1 Intensity: 9.04 tCO2e/$MFuji ElectricYear: 2023Scope 1: 140,000 tCO2eRevenue: $M 7,578Scope 1 Intensity: 18.47 tCO2e/$MNktYear: 2024Scope 1: 23,626 tCO2eRevenue: $M 25,260Scope 1 Intensity: 0.94 tCO2e/$MShenzhen Inovance TechnologyYear: 2024Scope 1: 4,092 tCO2eRevenue: $M 5,075Scope 1 Intensity: 0.81 tCO2e/$MMersenYear: 2024Scope 1: 75,693 tCO2eRevenue: $M 1,294Scope 1 Intensity: 58.49 tCO2e/$MKEI IndustriesYear: 2025Scope 1: 7,297 tCO2eRevenue: $M 1,125Scope 1 Intensity: 6.49 tCO2e/$MSimplo TechnologyYear: 2024Scope 1: 1,766 tCO2eRevenue: $M 2,443Scope 1 Intensity: 0.72 tCO2e/$MZumtobel GroupYear: 2024Scope 1: 7,451 tCO2eRevenue: $M 1,208Scope 1 Intensity: 6.17 tCO2e/$MPPPosco Future MYear: 2024Scope 1: 1,885,309 tCO2eRevenue: $M 2,521Scope 1 Intensity: 747.71 tCO2e/$MNantong Jianghai CapacitorYear: 2023Scope 1: 94 tCO2eRevenue: $M 682Scope 1 Intensity: 0.14 tCO2e/$MLLLeoch International TechnologyYear: 2024Scope 1: 61,318 tCO2eRevenue: $M 2,417Scope 1 Intensity: 25.37 tCO2e/$MNexansYear: 2024Scope 1: 122,924 tCO2eRevenue: $M 8,893Scope 1 Intensity: 13.82 tCO2e/$MWEGYear: 2024Scope 1: 61,439 tCO2eRevenue: $M 6,149Scope 1 Intensity: 9.99 tCO2e/$M

How does WEG's GHG emissions intensity compare to its peers?

In 2024, WEG reported a Scope 1 emissions intensity of 9.99 tCO₂e per millions USD. Compared to the peer group median of 9.98 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does WEG rank on GHG emissions intensity within its industry?

In 2024, WEG ranked 12 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

WEG is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into WEG's Total Carbon Footprint

In 2024, WEG reported a total carbon footprint of 25,126,149 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.99% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to WEG's total carbon footprint was Scope 3 emissions, accounting for 99.4% of the company's total carbon footprint, followed by Scope 2 emissions at 0.35%. a

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