Shandong Weigao Group Medical Polymer Co Ltd

Common Name
Weigao Group
Country
China (Mainland)
Sector
Healthcare
Industry
Medical Instruments & Supplies
Employees
13,063
Ticker
1066
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Shandong Weigao Group Medical Polymer Co. Ltd. is a prominent player in the global medical devices industry. This Chinese company primarily focuses on the research, development, production, and distri...

Weigao Group's GHG Emissions Data Preview

In 2024, Weigao Group 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) and Scope 2 (indirect emissions from purchased energy).

However, Weigao Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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b
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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Verified Sources Behind Weigao Group’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 Weigao Group’s data sources below and access millions more through our Disclosure Search.

a. Weigao Group's ESG Report 2024
a. Weigao Group's ESG Report 2024
b. Weigao Group's ESG Report 2023
b. Weigao Group's ESG Report 2023

Insights into Weigao Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Weigao Group amounted to 126,139.147 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 Weigao Group increased by 23.38%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Weigao Group's Scope 1 Emissions Over Time

20222023202408001.6 k2.4 k3.2 ktCO2e-9%+14%
  • Total Scope 1
  • Year-over-Year Change

What are Weigao Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Weigao Group were 3,096.377 metric tons of CO₂ equivalent (tCO₂e). a

Has Weigao Group reduced its Scope 1 emissions over time?

Since 2022, Weigao Group's Scope 1 emissions have increased by 3.95%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Weigao Group's Scope 1 emissions increased by 14.47%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Weigao Group's Scope 2 emissions?

In 2024, Weigao Group reported Scope 2 greenhouse gas (GHG) emissions of 123,042.77 tCO₂e without specifying the calculation method. a

Has Weigao Group reduced its Scope 2 emissions over time?

Since 2022, Weigao Group's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 21.31%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Weigao Group's Scope 2 emissions (Unspecified Calculation Method) rose by 23.63% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b

What methodology does Weigao Group use for Scope 2 reporting?

In 2024, Weigao Group reported its Scope 2 emissions using an unspecified methodology. a

Weigao Group's Scope 2 Emissions Over Time

202220232024035 k70 k105 k140 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Weigao Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Weigao Group reported Scope 1 greenhouse gas (GHG) emissions of 3,096.377 tCO₂e and total revenues of USD 1,952 millions. This translates into an emissions intensity of 1.59 tCO₂e per millions USD. a

Weigao Group's Scope 1 Emissions Intensity Compared to Peers

52005,000200,00010,000,000Scope 1 Emissions (tCO2e)2505005,00050,000Revenues (Millions of USD)CCPICJCSnibeYear: 2023Scope 1: 210 tCO2eRevenue: $M 553Scope 1 Intensity: 0.38 tCO2e/$MShanghai Henlius BiotechYear: 2023Scope 1: 6,909 tCO2eRevenue: $M 830Scope 1 Intensity: 8.32 tCO2e/$MSimcere Pharmaceutical GroupYear: 2023Scope 1: 4,997 tCO2eRevenue: $M 1,017Scope 1 Intensity: 4.91 tCO2e/$MCCCR Double-CraneYear: 2023Scope 1: 51,608 tCO2eRevenue: $M 1,438Scope 1 Intensity: 35.88 tCO2e/$MHangzhou Tigermed ConsultingYear: 2024Scope 1: 210 tCO2eRevenue: $M 905Scope 1 Intensity: 0.23 tCO2e/$MCCCR MedicalYear: 2023Scope 1: 1,359 tCO2eRevenue: $M 1,556Scope 1 Intensity: 0.87 tCO2e/$MMicroport ScientificYear: 2023Scope 1: 3,168 tCO2eRevenue: $M 7,404Scope 1 Intensity: 0.43 tCO2e/$MGenscript BiotechYear: 2024Scope 1: 39,377 tCO2eRevenue: $M 4,637Scope 1 Intensity: 8.49 tCO2e/$MLuye Pharma GroupYear: 2023Scope 1: 10,755 tCO2eRevenue: $M 945Scope 1 Intensity: 11.38 tCO2e/$MInnovent BiologicsYear: 2023Scope 1: 65 tCO2eRevenue: $M 953Scope 1 Intensity: 0.07 tCO2e/$MLivzon Pharmaceutical GroupYear: 2024Scope 1: 194,441 tCO2eRevenue: $M 1,619Scope 1 Intensity: 120.13 tCO2e/$MJoincareYear: 2024Scope 1: 197,854 tCO2eRevenue: $M 2,140Scope 1 Intensity: 92.45 tCO2e/$MCARsgen Therapeutics HoldingsYear: 2021Scope 1: 117 tCO2eRevenue: $M 4Scope 1 Intensity: 28.91 tCO2e/$MPPPorton Pharma SolutionsYear: 2024Scope 1: 18,865 tCO2eRevenue: $M 413Scope 1 Intensity: 45.71 tCO2e/$MKangji Medical HoldingsYear: 2023Scope 1: 164 tCO2eRevenue: $M 143Scope 1 Intensity: 1.15 tCO2e/$MZhejiang Jiuzhou PharmaceuticalYear: 2023Scope 1: 48,815 tCO2eRevenue: $M 777Scope 1 Intensity: 62.81 tCO2e/$MIIImeik Technology DevelopmentYear: 2024Scope 1: 1,252 tCO2eRevenue: $M 415Scope 1 Intensity: 3.02 tCO2e/$M3SBioYear: 2024Scope 1: 13,304 tCO2eRevenue: $M 1,364Scope 1 Intensity: 9.75 tCO2e/$MCCCSPC Pharmaceutical GroupYear: 2024Scope 1: 474,567 tCO2eRevenue: $M 4,327Scope 1 Intensity: 109.67 tCO2e/$MJJJointown Pharmaceutical GroupYear: 2024Scope 1: 36,924 tCO2eRevenue: $M 20,801Scope 1 Intensity: 1.78 tCO2e/$MSichuan Kelun PharmaceuticalYear: 2024Scope 1: 2,361,763 tCO2eRevenue: $M 2,989Scope 1 Intensity: 790.21 tCO2e/$MAsymchem Laboratories (Tianjin)Year: 2023Scope 1: 46,854 tCO2eRevenue: $M 1,101Scope 1 Intensity: 42.55 tCO2e/$MCCChina Resources SanjiuYear: 2024Scope 1: 55,312 tCO2eRevenue: $M 3,784Scope 1 Intensity: 14.62 tCO2e/$MAngelalign TechnologyYear: 2023Scope 1: 8 tCO2eRevenue: $M 229Scope 1 Intensity: 0.03 tCO2e/$MWeigao GroupYear: 2024Scope 1: 3,096 tCO2eRevenue: $M 1,952Scope 1 Intensity: 1.59 tCO2e/$M

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

In 2024, Weigao Group reported a Scope 1 emissions intensity of 1.59 tCO₂e per millions USD. Compared to the peer group median of 9.12 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Weigao Group rank on GHG emissions intensity within its industry?

In 2024, Weigao Group ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

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