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 77 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 2024, Treasury Wine Estates (TWE) reported total carbon emissions of approximately 16,000,000 kg CO2e, comprising 11,400,000 kg CO2e from Scope 1 and 4,600,000 kg CO2e from Scope 2. This marked a significant reduction of 66.2% in Scope 1 and 2 emissions since 2021. In 2023, TWE's total emissions were about 30,000,000 kg CO2e, with Scope 1 emissions at 11,900,000 kg CO2e, Scope 2 at 18,100,000 kg CO2e, and Scope 3 emissions reaching approximately 404,800,000 kg CO2e. TWE has committed to achieving net zero emissions for Scope 1 and 2 by 2030, reflecting its dedication to mitigating climate change impacts. The company has demonstrated substantial progress in its emissions reduction initiatives, particularly in the short term, and is on track to meet its ambitious targets.
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 participating in some of the initiatives that 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.