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Public Profile
Textile Manufacturing
CN
updated 2 days ago

Shandong Weiqiao Pioneering Group Co.,Ltd Sustainability Profile

Company website

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.

6

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.

15

Industry Benchmark

Shandong Weiqiao Pioneering Group Co.,Ltd's score of 6 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

12%

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Shandong Weiqiao Pioneering Group Co.,Ltd's reported carbon emissions

In 2023, Shandong Weiqiao Pioneering Group Co., Ltd reported carbon emissions of approximately 0.000861 kg CO2e per tonne-kilometre, with similar figures for previous years, including 0.000872 kg CO2e in 2022 and 0.000808 kg CO2e in 2024. However, the company has not disclosed specific Scope 1, 2, or 3 emissions data, nor has it set any formal reduction targets or climate pledges. Despite the absence of detailed emissions data and reduction initiatives, Shandong Weiqiao Pioneering Group is part of an industry increasingly focused on sustainability and carbon footprint reduction. The lack of specific commitments may reflect a broader trend within the sector, where many companies are still developing comprehensive climate strategies. As of now, the company does not inherit emissions data from any parent organisation, indicating that its climate commitments and emissions reporting are independently managed.

How Carbon Intensive is Shandong Weiqiao Pioneering Group Co.,Ltd's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Shandong Weiqiao Pioneering Group Co.,Ltd's primary industry is Textiles (17), which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Shandong Weiqiao Pioneering Group Co.,Ltd's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Shandong Weiqiao Pioneering Group Co.,Ltd is in CN, which we do not have grid emissions data for.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Shandong Weiqiao Pioneering Group Co.,Ltd's Emissions with Industry Peers

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East Hope (Sanmenxia) Aluminium Co, Ltd.

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Updated about 2 months ago

ChemChina

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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