Shandong Weiqiao Pioneering Group Co.,Ltd
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 72% 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 2022, Shandong Weiqiao Pioneering Group Co., Ltd reported total carbon emissions of approximately 17,681,000 kg CO2e, with Scope 1 emissions accounting for about 30,000,000 kg CO2e. This marks a significant reduction from 2021, when total emissions were approximately 437,000,000 kg CO2e, comprising 7,056,210 kg CO2e in Scope 1, 80,000,000 kg CO2e in Scope 2, and 103,000,000 kg CO2e in Scope 3. Despite these figures, the company has not established specific reduction targets or initiatives, nor does it participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The absence of formal commitments suggests a need for enhanced climate strategies within the organisation. Shandong Weiqiao Pioneering Group operates independently, with no emissions data cascaded from a parent company. The company’s emissions reporting reflects its operational impact and highlights the importance of developing robust climate commitments to align with global sustainability goals.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 7,056,210 | 00,000,000 |
| Scope 2 | 80,000,000 | - |
| Scope 3 | 103,000,000 | - |
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.
Shandong Weiqiao Pioneering Group Co.,Ltd is not participating in any 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.
