Weichai Power
Weichai Power Co., Ltd., a leading name in the power equipment industry, is headquartered in Weifang, Shandong Province, China. Founded in 1946, the company has established itself as a key player in the manufacturing of engines, transmissions, and power systems, serving various sectors including automotive, marine, and industrial applications. With a strong focus on innovation, Weichai Power is renowned for its advanced diesel engines and hybrid power solutions, which are designed to enhance efficiency and reduce emissions. The company has achieved significant milestones, including strategic partnerships and expansions into international markets, solidifying its position as a global leader. Weichai Power's commitment to quality and sustainability continues to drive its success in the competitive landscape of power generation and automotive industries.
DitchCarbon Score
How does Weichai Power'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 Business Services 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
Weichai Power's score of 39 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Weichai Power's reported carbon emissions
In 2024, Weichai Power reported total greenhouse gas emissions of approximately 95,006,560,570 kg CO2e, with Scope 1 emissions at about 232,672,730 kg CO2e, Scope 2 emissions at approximately 714,577,230 kg CO2e, and Scope 3 emissions comprising significant categories such as use of sold products (about 91,639,310,340 kg CO2e) and employee commute (approximately 1,219,682,500 kg CO2e). For 2023, the company recorded total emissions of around 756,764,200 kg CO2e, with Scope 1 emissions at about 188,094,370 kg CO2e and Scope 2 emissions at approximately 568,669,830 kg CO2e. In 2022, total emissions were reported at approximately 644,591,860 kg CO2e, with Scope 1 and Scope 2 emissions of about 178,925,970 kg CO2e and 465,665,890 kg CO2e, respectively. Weichai Power has set ambitious climate commitments, aiming to reduce Scope 1 and Scope 2 GHG emissions by 4.2% and Scope 3 emissions by 2.5% annually from 2021 levels by 2030. Furthermore, the company has pledged to achieve net-zero carbon emissions by 2050, aligning with the Science-Based Targets initiative (SBTi) standards. These commitments reflect Weichai Power's proactive approach to addressing climate change and reducing its carbon footprint across all scopes of emissions.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 207,568,520 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 671,042,730 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 00,000,000,000 |
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.
Weichai Power 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.
