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 Energy Data Preview

In 2023, Weir Group disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Weir Group also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Weir Group also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Weir Group also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Weir Group's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy 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 Energy Renewability

In 2023, Weir Group consumed a total of 1.93 million Gigajoules of energy across its operations. Of this total, 9.36% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 90.64% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Weir Group's Energy Renewability Rate

9%

How much of Weir Group's energy consumed is renewable?

In 2023, Weir Group consumed a total of 1.93 million Gigajoules of energy, of which 9.36% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Weir Group has considerable room to improve its energy sustainability strategy.

Insights into Weir Group's Energy Consumption & Production Mix

In 2023, Weir Group disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Weir Group's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Weir Group's Energy Consumed by Sources and Technologies

Natural Gas(47.7%)Electricity(Unspecified Source)(31.4%)Acetylene, Diesel,Ethanol, Gasoline(Petrol), Kerosene,Liquefied PetroleumGas (LPG), OtherSources and Propane(12.0%)

What are the main sources and generation technologies behind Weir Group's energy consumption?

In 2023, Weir Group's total energy consumption was primarily sourced from

  • Natural Gas (47.74%)
  • Electricity (Unspecified Source) (31.36%)
  • Acetylene, Diesel, Ethanol, Gasoline (Petrol), Kerosene, Liquefied Petroleum Gas (LPG), Other Sources and Propane (11.99%)

How diverse is Weir Group’s energy consumption mix?

In 2023, Weir Group consumed energy from 16 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

Insights into Weir Group's Energy Inflows & Self-Sufficiency

In 2023, Weir Group reported total energy inflows of 777,006 Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 765,961.2 Gigajoules purchased from external suppliers and 11,044.8 Gigajoules generated through internal production. This corresponds to a production share of 1.42%.

Weir Group's Energy Purchased vs Produced Over Time

20230200 k400 k600 k800 kGigajoules (GJ)99%
  • Total Energy Produced
  • Total Energy Purchased
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