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Weichai Power Co Ltd
Weichai Power's GHG Emissions Data Preview
In 2024, Weichai Power 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).
Weichai Power has also provided a category-level breakdown for 5 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 | 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.  b | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 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.  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.  | 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.  b | 0000000 |
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aVerified Sources Behind Weichai Power’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 Weichai Power’s data sources below and access millions more through our Disclosure Search.
Insights into Weichai Power's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofWeichai Power amounted to947,249.96metric 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 Weichai Powerdecreased by 8.46%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Weichai Power's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Weichai Power's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Weichai Power were 232,672.73 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Weichai Power reduced its Scope 1 emissions over time?
Since 2022, Weichai Power's Scope 1 emissions have increased by 30.04%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Weichai Power's Scope 1 emissions decreased by 2.91%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Weichai Power's Scope 2 emissions?
In 2024, Weichai Power reported Scope 2 greenhouse gas (GHG) emissions of 714,577.23 tCOâ‚‚e without specifying the calculation method.a
Has Weichai Power reduced its Scope 2 emissions over time?
Since 2022, Weichai Power's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 53.45%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Weichai Power's Scope 2 emissions(Unspecified Calculation Method) fell by 10.13% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Weichai Power use for Scope 2 reporting?
In 2024, Weichai Power reported its Scope 2 emissions using an unspecified methodology.a
Weichai Power's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Weichai Power's Value Chain Emissions
In 2024, Weichai Power reported 94,059,310.61 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Weichai Power includes a breakdown across 5of 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
Weichai Power's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Weichai Power's Scope 3 emissions?
In 2024, Weichai Power reported total Scope 3 emissions of 94,059,310.61 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 2.57%of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.43%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Weichai Power's Scope 3 emissions decreased by 12.59%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Weichai Power disclose?
In 2024, Weichai Power reported emissions for 5 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 Weichai Power's Scope 3 emissions?
In 2024, the largest contributors to Weichai Power's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 91,639,310.34 tCOâ‚‚e(97.43%)
- Employee Commuting (Cat. 7): 1,219,682.5 tCOâ‚‚e(1.3%)
- Capital Goods (Cat. 2): 752,452.64 tCOâ‚‚e(0.8%)
Weichai Power's Scope 3 Emissions by Categories
Insights into Weichai Power’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Weichai Power reported Scope 1 greenhouse gas (GHG) emissions of 232,672.73 tCOâ‚‚e and total revenues of USD 29,554 millions. This translates into an emissions intensity of 7.87 tCOâ‚‚e per millions USD.a
Weichai Power's Scope 1 Emissions Intensity Compared to Peers
How does Weichai Power's GHG emissions intensity compare to its peers?
In 2024, Weichai Power reported a Scope 1 emissions intensity of 7.87 tCOâ‚‚e per millions USD. Compared to the peer group median of 6.51, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Weichai Power rank on GHG emissions intensity within its industry?
In 2024, Weichai Power ranked 16 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Weichai Power is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Weichai Power's Total Carbon Footprint
In 2024, Weichai Power reported a total carbon footprint of 95,006,560.57 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.55% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Weichai Power's total carbon footprint was Scope 3 emissions, accounting for 99% of the company's total carbon footprint, followed by Scope 2 emissions at 0.75%.a