- Scope 3 emissions constitute the majority of greenhouse gas emissions (87%).
- Potential interruption of the energy supply.
- Inadequate preparation for disasters.
- Risks arising from non-compliance with higher ESG standards.
WIKA Alexander Wiegand SE & Co. KG
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, WIKA Alexander Wiegand SE & Co. KG disclosed greenhouse gas emissions of 294.0K t CO2e. By scope: Scope 1: 31.8K t CO2e (market-based) or 33108 t CO2e (location-based); Scope 3: 256.1K t CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
294.0K t CO2e
2023
Energy Use
420.7K GJ
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 31.8K t CO2e (market-based) or 33108 t CO2e (location-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 256.1K t CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Planted more than 1,600 trees in India using the Miyawaki method.
- Reduced water consumption by around 85 percent at the tecsis site in Germany through a new cooling system for laser systems.
- Increased use of recycled brass and recycled steel in products.
- Developed plastic-free reusable packaging made from renewable raw materials.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase the proportion of sustainable materials in new products by five percent in 2024.
📅 Medium-term
- By 2030, over 90 percent of purchasing volume for production will be covered by the Code of Conduct.
🔭 Long-term
- To be CO2-neutral by 2039.
🌱 ESG Focus Areas
EnvironmentSocietyGovernance