Treasury Wine Estates
Treasury Wine Estates (TWE) is a leading global wine company headquartered in Great Britain, with significant operations across Australia, the United States, and New Zealand. Founded in 2011, TWE has rapidly established itself as a key player in the wine industry, focusing on premium wine production and distribution. The company boasts a diverse portfolio of renowned brands, including Penfolds, Wolf Blass, and Beringer, each known for their unique characteristics and quality. TWE's commitment to innovation and sustainability sets it apart, ensuring that its wines not only meet but exceed consumer expectations. With a strong market position, Treasury Wine Estates has achieved notable milestones, including numerous awards for its exceptional wines. As a prominent name in the global wine sector, TWE continues to shape the industry with its dedication to excellence and heritage.
DitchCarbon Score
How does Treasury Wine Estates'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 Public Administration 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
Treasury Wine Estates's score of 57 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Treasury Wine Estates's reported carbon emissions
In 2023, Treasury Wine Estates reported total carbon emissions of approximately 404,800,000 kg CO2e, with emissions distributed across various scopes: 11,900,000 kg CO2e from Scope 1, 18,100,000 kg CO2e from Scope 2, and a significant 404,800,000 kg CO2e from Scope 3. This marked a reduction from 2022, where total emissions were about 496,100,000 kg CO2e. The company has shown a consistent effort to reduce its carbon footprint over the years. For instance, emissions decreased from approximately 54,000,000 kg CO2e in 2018 to about 47,200,000 kg CO2e in 2019, and further down to 45,700,000 kg CO2e in 2020. However, the Scope 3 emissions remain a substantial part of their overall emissions profile, indicating a need for further action in this area. Despite these reductions, Treasury Wine Estates has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to navigate the complexities of carbon emissions management within the wine industry, focusing on improving sustainability practices while addressing the challenges posed by Scope 3 emissions.
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Get Started| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 53,400,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | - |
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.
Treasury Wine Estates is not committed to any reduction initiatives 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.
