Wesfarmers Ltd

Common Name
Wesfarmers
Country
Australia
Sector
Consumer Cyclical
Industry
Home Improvement Retail
Employees
120,000
Ticker
WES
Exchange
ASX
Description
Wesfarmers Ltd. is a diversified Australian conglomerate involved in numerous sectors, prominently impacting the retail and industrial segments. Established in 1914, the company has grown from a farme...

Wesfarmers's GHG Emissions Data Preview

In 2024, Wesfarmers 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).

Wesfarmers has also provided a category-level breakdown for 15 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 Wesfarmers's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Wesfarmers amounted to 1,319,522 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 Wesfarmers decreased by 2.06%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Wesfarmers's Scope 1 Emissions Over Time

202020212022202320240250 k500 k750 k1 MtCO2e-8%+5%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Wesfarmers's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Wesfarmers were 829,889 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2023), Wesfarmers's Scope 1 emissions decreased by 1.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Wesfarmers's Scope 2 emissions?

In 2024, Wesfarmers reported Scope 2 greenhouse gas (GHG) emissions of 302,496 tCOâ‚‚e using the market-based method and 489,633 tCOâ‚‚e using the location-based method.

Has Wesfarmers reduced its Scope 2 emissions over time?

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

What methodology does Wesfarmers use for Scope 2 reporting?

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

Wesfarmers's Scope 2 Emissions Over Time

202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Wesfarmers's Value Chain Emissions

In 2024, Wesfarmers reported 35,769,403 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 Wesfarmers includes a breakdown across 15 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.

Wesfarmers's Scope 3 Emissions Over Time

2020202120222023202409.5 M19 M28.5 M38 MtCO2e+23%+20%0%-2%
  • Total Scope 3
  • Year-over-Year Change

What are Wesfarmers's Scope 3 emissions?

In 2024, Wesfarmers reported total Scope 3 emissions of 35,769,403 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 65.4% of these emissions originated from upstream activities such as purchased goods and capital goods, while 34.6% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Wesfarmers reduced its Scope 3 emissions over time?

Since 2020, Wesfarmers's Scope 3 emissions have increased by 45.13%, reflecting a rising long-term trend in Scope 3 emissions over time.

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

What categories of Scope 3 emissions does Wesfarmers disclose?

In 2024, Wesfarmers reported emissions for 15 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 Wesfarmers's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 21,472,750 tCOâ‚‚e (60.03%)
  • Use of Sold Products (Cat. 11): 10,657,407 tCOâ‚‚e (29.79%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 1,396,602 tCOâ‚‚e (3.9%)

Wesfarmers's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(60.0%)End-of-LifeTreatment of SoldProducts (Cat. 12)(3.9%)Use of Sold Products(Cat. 11)(29.8%)

Insights into Wesfarmers's Total Carbon Footprint

In 2024, Wesfarmers reported a total carbon footprint of 37,088,925 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.74% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Wesfarmers's total carbon footprint was Scope 3 emissions, accounting for 96.44% of the company's total carbon footprint, followed by Scope 1 emissions at 2.24%.

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