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Public Profile
Iron and Steel Production
US
updated 2 months ago

Wireco WorldGroup (Cayman) Inc. Sustainability Profile

Company website

Wireco WorldGroup (Cayman) Inc., a leading player in the wire rope and related products industry, is headquartered in the United States. Founded in 1970, the company has established a strong presence in key operational regions, including North America, Europe, and Asia. Specialising in high-quality wire ropes, synthetic ropes, and related accessories, Wireco is renowned for its innovative solutions that cater to various sectors such as construction, mining, and marine applications. The company’s commitment to quality and safety has positioned it as a trusted partner in the industry. With a focus on advanced manufacturing techniques and rigorous testing standards, Wireco WorldGroup has achieved significant milestones, including numerous industry certifications. Its reputation for reliability and performance has solidified its market position, making it a preferred choice for customers worldwide.

DitchCarbon Score

How does Wireco WorldGroup (Cayman) Inc.'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.

10

Industry Average

Mean score of companies in the Iron and Steel Production 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

Wireco WorldGroup (Cayman) Inc.'s score of 10 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

32%

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Wireco WorldGroup (Cayman) Inc.'s reported carbon emissions

In 2022, Wireco WorldGroup (Cayman) Inc. reported total carbon emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 emissions and 282,600 kg CO2e from Scope 2 emissions. This data reflects a significant reduction from 2021, where Scope 1 emissions alone were reported at 533,000,000 kg CO2e. Despite these figures, Wireco WorldGroup has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company has not publicly committed to any climate pledges or reduction initiatives at this time. Overall, Wireco WorldGroup's emissions data indicates a commitment to monitoring and potentially reducing their carbon footprint, although further details on specific climate commitments or future targets remain unspecified.

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20212022
Scope 1
533,000,000
000,000
Scope 2
-
000,000
Scope 3
-
-

How Carbon Intensive is Wireco WorldGroup (Cayman) Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Wireco WorldGroup (Cayman) Inc.'s primary industry is Iron and Steel Production, which is high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Wireco WorldGroup (Cayman) Inc.'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 Wireco WorldGroup (Cayman) Inc. is in US, which has a low grid carbon intensity relative to other regions.

Wireco WorldGroup (Cayman) Inc.'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.

Wireco WorldGroup (Cayman) Inc. 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

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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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