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 74 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Treasury Wine Estates's reported carbon emissions
In 2023, Treasury Wine Estates (TWE) reported total carbon emissions of approximately 14,310,000 kg CO2e in Great Britain, with 904,000 kg CO2e from Scope 2 and 602,000 kg CO2e from Scope 3 emissions related to business travel. The company has set ambitious climate commitments, aiming for net zero emissions for both Scope 1 and Scope 2 by 2030. This commitment reflects TWE's dedication to mitigating climate change impacts and supporting a sustainable transition. In the previous year, 2022, TWE's global emissions included 13,100,000 kg CO2e from Scope 1 and 27,700,000 kg CO2e from Scope 2, contributing to a total of 40,700,000 kg CO2e for Scope 1 and 2 combined. The company has achieved a significant reduction of 66.2% in Scope 1 and 2 emissions since 2021, with operations emitting 16,000 kg CO2e in the fiscal year 2024. TWE's climate strategy is underpinned by its commitment to transparency and accountability, as evidenced by its disclosures to the Carbon Disclosure Project (CDP) and adherence to industry standards. The company is actively working towards its targets, demonstrating progress in reducing its carbon footprint while engaging in responsible business practices.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 14,800,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 34,100,000 | 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 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.
