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 GHG Emissions Data Preview

In 2024, Weir 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), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Weir Group has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Weir Group amounted to 158,114 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Weir Group decreased by 1.05%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Weir Group's Scope 1 Emissions Over Time

2019202220232024020 k40 k60 k80 ktCO2e-1%-2%0%
  • Total Scope 1
  • Year-over-Year Change

What are Weir Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Weir Group were 64,880 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Weir Group reduced its Scope 1 emissions over time?

Since 2019, Weir Group's Scope 1 emissions have decreased by 3.95%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Weir Group's Scope 1 emissions remained relatively stable, indicating that Weir Group's emissions have plateaued with no significant change in its operational footprint.

What are Weir Group's Scope 2 emissions?

In 2024, Weir Group reported Scope 2 greenhouse gas (GHG) emissions of 68,608 tCOâ‚‚e using the market-based method, and 93,234 tCOâ‚‚e using the location-based method.

Has Weir Group reduced its Scope 2 emissions over time?

Since 2019, Weir Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 23.46%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Weir Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Weir Group 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Weir Group use for Scope 2 reporting?

In 2024, Weir Group reported its Scope 2 emissions using the market-based method and using the location-based method.

Weir Group's Scope 2 Emissions Over Time

2019202220232024035 k70 k105 k140 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Weir Group's Value Chain Emissions

In 2024, Weir Group reported 50,005,214 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Weir Group includes a breakdown across 13 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.

Weir Group's Scope 3 Emissions Over Time

202220232024015 M30 M45 M60 MtCO2e+39%-9%
  • Total Scope 3
  • Year-over-Year Change

What are Weir Group's Scope 3 emissions?

In 2024, Weir Group reported total Scope 3 emissions of 50,005,214 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 1.38% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.62% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2023), Weir Group's Scope 3 emissions remained relatively stable, indicating that Weir Group 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Weir Group disclose?

In 2024, Weir Group reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Weir Group's Scope 3 emissions?

In 2024, the largest contributors to Weir Group's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 49,303,391 tCOâ‚‚e (98.6%)
  • Purchased Goods and Services (Cat. 1): 506,221 tCOâ‚‚e (1.01%)
  • Upstream Transportation and Distribution (Cat. 4): 90,305 tCOâ‚‚e (0.18%)

Weir Group's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(98.6%)Purchased Goods andServices (Cat. 1)(1.0%)

Insights into Weir Group's Total Carbon Footprint

In 2024, Weir Group reported a total carbon footprint of 50,163,328 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.69% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Weir Group's total carbon footprint was Scope 3 emissions, accounting for 99.68% of the company's total carbon footprint, followed by Scope 2 emissions at 0.19%.

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