Weichai Power
Weichai Power Co., Ltd., a leading name in the power equipment industry, is headquartered in Weifang, Shandong Province, China. Founded in 1946, the company has established itself as a key player in the manufacturing of engines, transmissions, and power systems, serving various sectors including automotive, marine, and industrial applications. With a strong focus on innovation, Weichai Power is renowned for its advanced diesel engines and hybrid power solutions, which are designed to enhance efficiency and reduce emissions. The company has achieved significant milestones, including strategic partnerships and expansions into international markets, solidifying its position as a global leader. Weichai Power's commitment to quality and sustainability continues to drive its success in the competitive landscape of power generation and automotive industries.
DitchCarbon Score
How does Weichai Power'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 Business Services 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
Weichai Power's score of 29 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Weichai Power's reported carbon emissions
In 2023, Weichai Power reported total carbon emissions of approximately 756,764,200 kg CO2e, comprising about 188,094,370 kg CO2e from Scope 1 and about 568,669,830 kg CO2e from Scope 2 emissions. This marked a decrease from 2022, where total emissions were about 644,591,860 kg CO2e, with Scope 1 at approximately 178,925,970 kg CO2e and Scope 2 at about 465,665,890 kg CO2e. In 2021, the company recorded total emissions of about 878,611,250 kg CO2e, with Scope 1 emissions at approximately 207,568,520 kg CO2e and Scope 2 emissions at about 671,042,730 kg CO2e. This indicates a significant reduction in emissions over the two-year period from 2021 to 2023. Despite these reductions, Weichai Power has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its emissions intensity metrics, as indicated by its production emission factors. Overall, Weichai Power's commitment to reducing its carbon footprint is evident through its decreasing emissions figures, although further transparency regarding specific reduction targets would enhance its climate commitment profile.
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Get Started| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 207,568,520 | 000,000,000 | 000,000,000 |
| Scope 2 | 671,042,730 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
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.
Weichai Power 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.
