WEG SA
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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind WEG’s Greenhouse Gas (GHG) Emissions Data
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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). a
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. a b
WEG's Scope 1 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e). a
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. a b
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. a
What are WEG's Scope 2 emissions?
In 2023, WEG reported Scope 2 greenhouse gas (GHG) emissions of 63,506 tCO₂e using the market-based method. a
What methodology does WEG use for Scope 2 reporting?
In 2023, WEG reported its Scope 2 emissions using the market-based method. a
WEG's Scope 2 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
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. a
WEG's Scope 3 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e). a
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. a
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. a
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. 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 2023, the largest contributors to WEG's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 20,303,576 tCO₂e (93.12%)
- Purchased Goods and Services (Cat. 1): 1,084,553 tCO₂e (4.97%)
- Upstream Transportation and Distribution (Cat. 4): 266,913 tCO₂e (1.22%)
WEG's Scope 3 Emissions by Categories
Insights into WEG’s GHG Emissions Intensity Compared to Industry Peers
In 2023, WEG reported Scope 1 greenhouse gas (GHG) emissions of 49,919 tCO₂e and total revenues of USD 6,702 millions. This translates into an emissions intensity of 7.45 tCO₂e per millions USD. a
WEG's Scope 1 Emissions Intensity Compared to Peers
How does WEG's GHG emissions intensity compare to its peers?
In 2023, WEG reported a Scope 1 emissions intensity of 7.45 tCO₂e per millions USD. Compared to the peer group median of 7.74, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does WEG rank on GHG emissions intensity within its industry?
In 2023, WEG ranked 8 out of 14 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 2023, WEG reported a total carbon footprint of 21,917,171 metric tons of CO₂ equivalent (tCO₂e) 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. a b
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%. a