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 61% 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 about 27,961,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2021, Weiqiao's total emissions were about 1,598,531,000 kg CO2e, indicating a reduction of approximately 246,624,000 kg CO2e year-on-year. This reduction reflects the company's ongoing efforts to manage its carbon footprint, although specific reduction targets or initiatives have not been detailed. Weiqiao Textile Co's emissions data is cascaded from its parent company, Shandong Weiqiao Pioneering Group Co., Ltd., which is noted as the source organization for their carbon performance metrics. Despite the absence of specific climate pledges or SBTi reduction targets, the company is part of a broader industry context that increasingly prioritises sustainability and carbon management. Overall, Weiqiao Textile Co's commitment to reducing its carbon emissions aligns with industry trends, although further transparency regarding specific targets and initiatives would enhance its climate commitment profile.
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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.
