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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)2024202320222021-2019
Total Scope 1
3,096.377a
2,704.87b
2,978.68b
Total Scope 2
Unspecified Calculation Method
123,042.77a
99,528.78b
101,426.26b
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
1.7267a
1.4531b
1.5087b
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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.

a. Weigao Group's ESG Report 2024
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.ab

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.ab

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.ab

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.ab

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 energyab

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 1,793 millions. This translates into an emissions intensity of 1.73 tCO₂e per millions USD.a

Weigao Group's Scope 1 Emissions Intensity Compared to Peers

51002,00050,0001,000,000Scope 1 Emissions (tCO2e)502002,00010,000100,000Revenues (Millions of USD)AlconYear: 2024Scope 1: 74,202 tCO2eRevenue: $M 7,655Scope 1 Intensity: 9.69 tCO2e/$MBecton Dickinson and CoYear: 2024Scope 1: 176,565 tCO2eRevenue: $M 20,178Scope 1 Intensity: 8.75 tCO2e/$MHoyaYear: 2024Scope 1: 17,000 tCO2eRevenue: $M 5,234Scope 1 Intensity: 3.25 tCO2e/$MEssilorluxotticaYear: 2024Scope 1: 116,092 tCO2eRevenue: $M 27,584Scope 1 Intensity: 4.21 tCO2e/$MIntuitive SurgicalYear: 2022Scope 1: 7,045 tCO2eRevenue: $M 6,222Scope 1 Intensity: 1.13 tCO2e/$MDENTSPLY SIRONAYear: 2024Scope 1: 4,705 tCO2eRevenue: $M 3,793Scope 1 Intensity: 1.24 tCO2e/$MWarby ParkerYear: 2023Scope 1: 961 tCO2eRevenue: $M 670Scope 1 Intensity: 1.43 tCO2e/$MPaul HartmannYear: 2024Scope 1: 30,187 tCO2eRevenue: $M 2,506Scope 1 Intensity: 12.05 tCO2e/$MGerresheimerYear: 2024Scope 1: 256,418 tCO2eRevenue: $M 2,151Scope 1 Intensity: 119.24 tCO2e/$MStevanato GroupYear: 2024Scope 1: 43,504 tCO2eRevenue: $M 1,149Scope 1 Intensity: 37.87 tCO2e/$MConvaTec GroupYear: 2024Scope 1: 12,360 tCO2eRevenue: $M 2,289Scope 1 Intensity: 5.40 tCO2e/$MTeleflexYear: 2024Scope 1: 16,256 tCO2eRevenue: $M 3,047Scope 1 Intensity: 5.33 tCO2e/$MFisher & Paykel HealthcareYear: 2025Scope 1: 2,295 tCO2eRevenue: $M 727Scope 1 Intensity: 3.16 tCO2e/$MAddLifeYear: 2025Scope 1: 4,896 tCO2eRevenue: $M 1,135Scope 1 Intensity: 4.31 tCO2e/$MTecan GroupYear: 2024Scope 1: 2,010 tCO2eRevenue: $M 1,032Scope 1 Intensity: 1.95 tCO2e/$MCarl Zeiss MeditecYear: 2025Scope 1: 8,046 tCO2eRevenue: $M 2,614Scope 1 Intensity: 3.08 tCO2e/$MAnsellYear: 2024Scope 1: 173,100 tCO2eRevenue: $M 2,475Scope 1 Intensity: 69.94 tCO2e/$MSCHOTT Pharma AG & CoYear: 2025Scope 1: 29,773 tCO2eRevenue: $M 1,157Scope 1 Intensity: 25.73 tCO2e/$MEnvista HoldingsYear: 2024Scope 1: 3,000 tCO2eRevenue: $M 2,511Scope 1 Intensity: 1.19 tCO2e/$MMerit Medical SystemsYear: 2024Scope 1: 2,875 tCO2eRevenue: $M 1,357Scope 1 Intensity: 2.12 tCO2e/$MAngelalign TechnologyYear: 2023Scope 1: 8 tCO2eRevenue: $M 210Scope 1 Intensity: 0.04 tCO2e/$MKangji Medical HoldingsYear: 2023Scope 1: 164 tCO2eRevenue: $M 130Scope 1 Intensity: 1.26 tCO2e/$MImeik Technology DevelopmentYear: 2024Scope 1: 1,252 tCO2eRevenue: $M 415Scope 1 Intensity: 3.02 tCO2e/$MWinner MedicalYear: 2024Scope 1: 32,223 tCO2eRevenue: $M 1,230Scope 1 Intensity: 26.19 tCO2e/$MWeigao GroupYear: 2024Scope 1: 3,096 tCO2eRevenue: $M 1,793Scope 1 Intensity: 1.73 tCO2e/$M

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

In 2024, Weigao Group reported a Scope 1 emissions intensity of 1.73 tCO₂e per millions USD. Compared to the peer group median of 3.73, 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 7 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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