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 65 is higher than 100% 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 30,000,000 kg CO2e, comprising 11,900,000 kg CO2e from Scope 1 and 18,100,000 kg CO2e from Scope 2 emissions. The company also recorded significant Scope 3 emissions, amounting to about 404,800,000 kg CO2e, which includes emissions from capital goods, employee commuting, and purchased goods and services. 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. The organisation's commitment to addressing climate change is evident through its emissions reporting, although it currently lacks formal reduction initiatives or targets aligned with frameworks such as the Science Based Targets initiative (SBTi). As a leading player in the wine industry, Treasury Wine Estates is positioned to enhance its climate commitments and contribute to broader sustainability efforts within the sector.
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| 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.
