Weir Group PLC

Common Name
Weir Group
Country
United Kingdom
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
12,391
Ticker
WEIR
Exchange
LONDON STOCK EXCHANGE
Description
The Weir Group PLC is a renowned engineering company that specializes in the manufacturing and supply of equipment for the mining, oil and gas, and power generation industries. Established in 1871 and...

Weir Group's Climate Target Data Preview

As of 2024, Weir Group has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Weir Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2026
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Weir Group's Greenhouse Gas Emissions Pathways

As of 2024, Weir Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Weir Group have a target to reduce the emissions from its operations?

As of 2024, Weir Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Weir Group's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 183,626.491 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, Weir Group is ahead of schedule on its operational emissions reduction target, having achieved 75.17% of the planned reduction.

Weir Group's Operational (Scope 1+2) Emissions Pathway

2019202320262030050 k100 k150 k200 kBaselineCurrent (-23%)

Does Weir Group have a target to reduce the emissions from its value chain?

As of 2024, Weir Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Weir Group's most ambitious value chain target is to reduce these emissions by 15% by 2030, compared to a baseline of 22,788,028 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

Instead of reducing value chain emissions, Weir Group has increased them, with 2023 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.

Weir Group's Value Chain (Scope 3) Emissions Pathway

201920232030015 M30 M45 M60 MBaselineCurrent (+90%)Target 2030 (-15%)
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