WH Group Ltd

Common Name
WH Group
Country
Hong Kong
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
102,000
Ticker
288
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
WH Group Limited, an investment holding company, produces and sells packaged meats and pork in China, North America, and Europe. It operates through Packaged Meats, Pork, and Others segments. The comp...

WH Group's GHG Emissions Data Preview

In 2023, WH 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).

WH Group has also provided a category-level breakdown for 5 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
Unspecified Calculation Method
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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 WH Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of WH Group amounted to 4,845,515 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 2022, the total operational greenhouse gas (GHG) emissions of WH Group decreased by 12.6%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

WH Group's Scope 1 Emissions Over Time

2021202220230900 k1.8 M2.7 M3.6 MtCO2e+251%-17%
  • Total Scope 1
  • Year-over-Year Change

What are WH Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of WH Group were 2,925,037 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has WH Group reduced its Scope 1 emissions over time?

Since 2021, WH Group's Scope 1 emissions have increased by 191.8%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), WH Group's Scope 1 emissions decreased by 16.75%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are WH Group's Scope 2 emissions?

In 2023, WH Group reported Scope 2 greenhouse gas (GHG) emissions of 1,920,478 tCOâ‚‚e without specifying the calculation method.

Has WH Group reduced its Scope 2 emissions over time?

Since 2021, WH Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 21.46%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), WH Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that WH Group 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does WH Group use for Scope 2 reporting?

In 2023, WH Group reported its Scope 2 emissions using an unspecified methodology.

WH Group's Scope 2 Emissions Over Time

2021202220230550 k1.1 M1.65 M2.2 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into WH Group's Value Chain Emissions

In 2023, WH Group reported 46,299,600 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 2023 disclosure of WH Group includes a breakdown across 5 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

WH Group's Scope 3 Emissions Over Time

20222023015 M30 M45 M60 MtCO2e+56%
  • Total Scope 3
  • Year-over-Year Change

What are WH Group's Scope 3 emissions?

In 2023, WH Group reported total Scope 3 emissions of 46,299,600 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 77.32% of these emissions originated from upstream activities such as purchased goods and capital goods, while 22.68% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), WH Group's Scope 3 emissions increased by 55.89%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does WH Group disclose?

In 2023, WH Group reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2023, the largest contributors to WH Group's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 34,261,704 tCOâ‚‚e (76.29%)
  • Use of Sold Products (Cat. 11): 6,944,940 tCOâ‚‚e (15.46%)
  • Processing of Sold Products (Cat. 10): 2,777,976 tCOâ‚‚e (6.19%)

WH Group's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(6.2%)Purchased Goods andServices (Cat. 1)(76.3%)Use of Sold Products(Cat. 11)(15.5%)

Insights into WH Group's Total Carbon Footprint

In 2023, WH Group reported a total carbon footprint of 51,145,115 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 45.12% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to WH Group's total carbon footprint was Scope 3 emissions, accounting for 90.53% of the company's total carbon footprint, followed by Scope 1 emissions at 5.72%.

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