Shandong Weiqiao Pioneering Group Co.,Ltd Sustainability Profile
Shandong Weiqiao Pioneering Group Co., Ltd., commonly referred to as Weiqiao Group, is a leading enterprise headquartered in Shandong Province, China. Established in 1994, the company has grown to become a significant player in the textile and energy industries, with major operations across various regions in China. Weiqiao Group is renowned for its production of high-quality cotton textiles and energy solutions, including power generation and aluminium manufacturing. The company’s commitment to innovation and sustainability sets it apart in a competitive market, enabling it to achieve notable milestones, such as becoming one of the largest cotton textile manufacturers in the world. With a strong market position and a reputation for excellence, Shandong Weiqiao Pioneering Group continues to drive advancements in its core sectors, contributing to both local and global economies.
DitchCarbon Score
How does Shandong Weiqiao Pioneering Group Co.,Ltd'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 Textile Manufacturing 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
Shandong Weiqiao Pioneering Group Co.,Ltd's score of 12 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shandong Weiqiao Pioneering Group Co.,Ltd's reported carbon emissions
In 2023, Shandong Weiqiao Pioneering Group Co., Ltd reported a total carbon emissions figure of approximately 0 kg CO2e, indicating a lack of disclosed emissions data for that year. The company has set ambitious climate commitments, aiming to achieve carbon peak by 2025 and net-zero emissions from its own operations (Scope 1 and 2) by 2055. These targets reflect a long-term strategy to mitigate climate impact and align with global sustainability goals. The company has not disclosed specific emissions data for Scope 1, Scope 2, or Scope 3, nor has it provided any reduction percentages or achievements to date. However, the commitment to reach net-zero emissions by 2055 demonstrates a proactive approach to addressing climate change. Shandong Weiqiao Pioneering Group Co., Ltd's climate initiatives are not cascaded from any parent organization, indicating that their commitments and strategies are independently developed. The absence of detailed emissions data highlights an area for potential improvement in transparency and accountability regarding their environmental impact.
How Carbon Intensive is Shandong Weiqiao Pioneering Group Co.,Ltd's Industry?
How Carbon Intensive is Shandong Weiqiao Pioneering Group Co.,Ltd's Location?
Shandong Weiqiao Pioneering Group Co.,Ltd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Shandong Weiqiao Pioneering Group Co.,Ltd has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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