Weiqiao Textile Co Sustainability Profile
Weiqiao Textile Co., Ltd., a leading player in the textile industry, is headquartered in China (CN) and operates extensively across various regions. Established in 1998, the company has achieved significant milestones, positioning itself as a key manufacturer of high-quality cotton and blended fabrics. Weiqiao's core offerings include a diverse range of textiles, such as yarns, fabrics, and garments, distinguished by their superior quality and innovative production techniques. The company is renowned for its commitment to sustainability and efficiency, which has solidified its reputation in the global market. With a robust market presence, Weiqiao Textile has garnered numerous accolades, reflecting its dedication to excellence and customer satisfaction. As a prominent name in the textile sector, Weiqiao continues to drive advancements in fabric technology and production methodologies.
DitchCarbon Score
How does Weiqiao Textile Co'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
Weiqiao Textile Co's score of 14 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Weiqiao Textile Co's reported carbon emissions
In 2022, Weiqiao Textile Co, headquartered in China (CN), reported total carbon emissions of approximately 1,351,907,000 kg CO2e. This figure includes about 1,323,946,000 kg CO2e from Scope 1 emissions and around 27,961,000 kg CO2e from Scope 2 emissions. The company has shown a reduction in emissions compared to 2021, where total emissions were about 1,598,531,000 kg CO2e, with Scope 1 at approximately 1,565,747,000 kg CO2e and Scope 2 at about 32,783,000 kg CO2e. Weiqiao Textile Co's emissions data is cascaded from its parent company, Weiqiao Textile Company Limited, and is further supported by data from Shandong Weiqiao Pioneering Group Co., Ltd. However, the company has not set specific reduction targets or climate pledges as part of its sustainability initiatives. The absence of Scope 3 emissions data indicates a potential area for improvement in their climate strategy. Overall, Weiqiao Textile Co's commitment to reducing its carbon footprint is evident through its decreasing emissions trend, although further transparency and targets would enhance its climate commitments.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 1,565,747,000 | 0,000,000,000 |
| Scope 2 | 32,783,000 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Weiqiao Textile Co's Industry?
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Weiqiao Textile Co'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.
Weiqiao Textile Co 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.
