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 57 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 404,800,000 kg CO2e, with emissions distributed across various scopes: 11,900,000 kg CO2e (Scope 1), 18,100,000 kg CO2e (Scope 2), and 404,800,000 kg CO2e (Scope 3). This marked a significant reduction from previous years, particularly in Scope 1 and Scope 2 emissions, which were 14,000,000 kg CO2e and 33,300,000 kg CO2e in 2021, respectively. The company has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The absence of documented reduction targets suggests that while Treasury Wine Estates is aware of its emissions, it may not have formalised strategies in place to achieve specific climate goals. Overall, Treasury Wine Estates's emissions data reflects a proactive approach to monitoring and reporting carbon emissions, aligning with industry standards for transparency and accountability in climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 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 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.