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.
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.
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.
Treasury Wine Estates's score of 69 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Treasury Wine Estates reported total carbon emissions of approximately 40,480,000 kg CO2e. This figure includes 11,900,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 18,100,000 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the company reported significant Scope 3 emissions of about 404,800,000 kg CO2e, which encompass a wide range of indirect emissions throughout its value chain. Over the years, Treasury Wine Estates has shown a trend of reducing its total emissions, with a notable decrease from approximately 54,000,000 kg CO2e in 2018 to the latest figure in 2023. However, the company has not set specific reduction targets or climate pledges as part of its sustainability strategy. Overall, Treasury Wine Estates is actively monitoring its carbon footprint and making strides towards sustainability, although further commitments and targets would enhance its climate action efforts.
Access structured emissions data, company-specific emission factors, and source documents
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 | - |
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 committed to some 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.