WeMade Co Ltd
WeMade's GHG Emissions Data Preview
In 2023, WeMade 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).
WeMade has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
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aVerified Sources Behind WeMade’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. Explore WeMade’s data sources below and access millions more through our Disclosure Search.
Insights into WeMade's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of WeMade amounted to 2,117.58 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 2022, the total operational greenhouse gas (GHG) emissions of WeMade increased by 2.04%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
WeMade's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are WeMade's Scope 1 emissions?
In 2023, the total Scope 1 emissions of WeMade were 113.65 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2022), WeMade's Scope 1 emissions increased by 36.32%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are WeMade's Scope 2 emissions?
In 2023, WeMade reported Scope 2 greenhouse gas (GHG) emissions of 2,003.93 tCO₂e without specifying the calculation method. a
Has WeMade reduced its Scope 2 emissions over time?
Since 2021, WeMade's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 24.5%, reflecting a rising long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), WeMade's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that WeMade 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does WeMade use for Scope 2 reporting?
In 2023, WeMade reported its Scope 2 emissions using an unspecified methodology. a
WeMade's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into WeMade's Value Chain Emissions
In 2023, WeMade reported 31,979.4 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 2023 disclosure of WeMade includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
WeMade's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are WeMade's Scope 3 emissions?
In 2023, WeMade reported total Scope 3 emissions of 31,979.4 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 99.36% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.64% came from downstream activities like product use, distribution, and end-of-life treatment. a
What categories of Scope 3 emissions does WeMade disclose?
In 2023, WeMade reported emissions for 6 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.
What are the main sources of WeMade's Scope 3 emissions?
In 2023, the largest contributors to WeMade's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 29,998.05 tCO₂e (93.8%)
- Capital Goods (Cat. 2): 1,309.89 tCO₂e (4.1%)
- Business Travel (Cat. 6): 293.6 tCO₂e (0.92%)
WeMade's Scope 3 Emissions by Categories
Insights into WeMade’s GHG Emissions Intensity Compared to Industry Peers
In 2023, WeMade reported Scope 1 greenhouse gas (GHG) emissions of 113.65 tCO₂e and total revenues of USD 474 millions. This translates into an emissions intensity of 0.24 tCO₂e per millions USD. a
WeMade's Scope 1 Emissions Intensity Compared to Peers
How does WeMade's GHG emissions intensity compare to its peers?
In 2023, WeMade reported a Scope 1 emissions intensity of 0.24 tCO₂e per millions USD. Compared to the peer group median of 7.64 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does WeMade rank on GHG emissions intensity within its industry?
In 2023, WeMade ranked 2 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places WeMade among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into WeMade's Total Carbon Footprint
In 2023, WeMade reported a total carbon footprint of 34,096.98 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,543.05% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to WeMade's total carbon footprint was Scope 3 emissions, accounting for 93.79% of the company's total carbon footprint, followed by Scope 2 emissions at 5.88%. a