Shandong Weiqiao Pioneering Group Co.,Ltd
Shandong Weiqiao Pioneering Group Co., Ltd., commonly referred to as Weiqiao Group, is a leading enterprise headquartered in Shandong Province, China. Established in 1994, the company has grown to become a significant player in the textile and energy industries, with major operations across various regions in China. Weiqiao Group is renowned for its production of high-quality cotton textiles and energy solutions, including power generation and aluminium manufacturing. The company’s commitment to innovation and sustainability sets it apart in a competitive market, enabling it to achieve notable milestones, such as becoming one of the largest cotton textile manufacturers in the world. With a strong market position and a reputation for excellence, Shandong Weiqiao Pioneering Group continues to drive advancements in its core sectors, contributing to both local and global economies.
DitchCarbon Score
How does Shandong Weiqiao Pioneering Group Co.,Ltd's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Textile Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Shandong Weiqiao Pioneering Group Co.,Ltd's score of 10 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shandong Weiqiao Pioneering Group Co.,Ltd's reported carbon emissions
In 2021, Shandong Weiqiao Pioneering Group Co., Ltd reported total carbon emissions of approximately 437,000,000 kg CO2e. This figure includes Scope 1 emissions of about 7,056,210 kg CO2e, Scope 2 emissions of around 80,000,000 kg CO2e, and Scope 3 emissions totalling approximately 103,000,000 kg CO2e. By 2022, the company’s emissions significantly decreased to about 17,681,000 kg CO2e, with Scope 1 emissions reported at approximately 30,000,000 kg CO2e. This reduction indicates a substantial improvement in their carbon footprint. Despite these achievements, Shandong Weiqiao Pioneering Group has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The absence of defined reduction strategies suggests a need for further commitment to climate action within the industry context.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 7,056,210 | 00,000,000 |
| Scope 2 | 80,000,000 | - |
| Scope 3 | 103,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Shandong Weiqiao Pioneering Group Co.,Ltd is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
