In 2024, Weikeng Industrial 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).
Weikeng Industrial 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 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 51.23a | 104.43a | 29.4a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 465.85a | 369.11a | 342.04a | |
Total Scope 3 | 1,456.67a | 1,011.43a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.0187a | 0.0452a | 0.0129a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Weikeng Industrial amounted to 517.08 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 Weikeng Industrial increased by 9.19%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Weikeng Industrial were 51.23 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Weikeng Industrial's Scope 1 emissions have increased by 70.09%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Weikeng Industrial's Scope 1 emissions decreased by 50.94%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Weikeng Industrial reported Scope 2 greenhouse gas (GHG) emissions of 465.85 tCO₂e without specifying the calculation method.a
Since 2021, Weikeng Industrial's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 19.01%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Weikeng Industrial's Scope 2 emissions (Unspecified Calculation Method) rose by 26.21% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Weikeng Industrial reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Weikeng Industrial reported 1,456.67 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 Weikeng Industrial includes a breakdown across 5 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
In 2024, Weikeng Industrial reported total Scope 3 emissions of 1,456.67 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Weikeng Industrial's Scope 3 emissions increased by 44.02%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Weikeng Industrial 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.
In 2024, the largest contributors to Weikeng Industrial's Scope 3 emissions were:a
In 2024, Weikeng Industrial reported Scope 1 greenhouse gas (GHG) emissions of 51.23 tCO₂e and total revenues of USD 2,740 millions. This translates into an emissions intensity of 0.02 tCO₂e per millions USD.a
In 2024, Weikeng Industrial reported a Scope 1 emissions intensity of 0.02 tCO₂e per millions USD. Compared to the peer group median of 0.38, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Weikeng Industrial ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Weikeng Industrial among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Weikeng Industrial reported a total carbon footprint of 1,973.75 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 32.92% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Weikeng Industrial's total carbon footprint was Scope 3 emissions, accounting for 73.8% of the company's total carbon footprint, followed by Scope 2 emissions at 23.6%.a