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 82 is higher than 100% 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 404,800,000 kg CO2e, with emissions distributed across various scopes: 11,900,000 kg CO2e for Scope 1, 18,100,000 kg CO2e for Scope 2, and 404,800,000 kg CO2e for Scope 3. This marked a significant commitment to reducing their carbon footprint, particularly in Scope 1 and 2 emissions, where they aim to achieve net zero by 2030. TWE has made notable progress in reducing its emissions, achieving a 66.2% reduction in Scope 1 and 2 emissions since the fiscal year 2021, with emissions dropping to 16,000,000 kg CO2e in fiscal year 2024. This reduction reflects TWE's dedication to sustainable practices and its proactive approach to climate change. The company’s climate commitments include a clear target of reaching net zero emissions for Scope 1 and 2 by 2030, demonstrating their commitment to mitigating the impacts of climate change and supporting a transition to a low-carbon economy.
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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 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.
