Weir

Weir's reported carbon emissions

Weir's commitment to climate action is demonstrated through comprehensive emissions reporting and ambitious reduction targets. **Emissions Performance:** In **2024**, Weir reported global emissions totalling approximately **50.17 billion kg CO2e**. This figure is comprised of: * **Scope 1 emissions:** approximately 64.88 million kg CO2e. * **Scope 2 emissions (market-based):** approximately 68.61 million kg CO2e. * **Scope 3 emissions:** approximately 50.00 billion kg CO2e, with the largest contributions from the use of sold products (approximately 49.30 billion kg CO2e) and purchased goods and services (approximately 506.22 million kg CO2e). In **2023**, Weir's total global emissions were approximately **54.92 billion kg CO2e**. This included: * **Scope 1 emissions:** approximately 65.18 million kg CO2e. * **Scope 2 emissions (market-based):** approximately 77.03 million kg CO2e. * **Scope 3 emissions:** approximately 54.78 billion kg CO2e, predominantly from the use of sold products (approximately 54.04 billion kg CO2e). **Climate Commitments and Reduction Targets:** Weir has established Science Based Targets (SBTi) with a **2030 target** to reduce absolute greenhouse gas emissions by **30% against a 2019 baseline** for scopes 1 and 2. This target is aligned with keeping warming well below 2°C. Furthermore, Weir has a specific **Scope 3 target**, aiming for a **15% reduction in emissions from the use of sold products by 2030**, also against the 2019 baseline and aligned with the SBTi well-below 2°C pathway. The company also has a long-term ambition for **net zero operations by 2050**. Weir's climate strategy focuses on reducing its own operational footprint and developing technologies that enable its customers to reduce their emissions. The transition to low-carbon energy supplies by customers is a key factor in achieving Weir's Scope 3 reduction goals, highlighting the interdependence of their targets with external influences such as grid decarbonisation and customer adoption rates.