- Water scarcity in high-risk catchments
- Climate change impacts on yield, quality, and vintage timing
- Supply chain disruptions
- Scope 3 emissions
- Availability of recycled content for packaging
Treasury Wine Estates Limited
Greenhouse gas emissions & sustainability report data
In its 2023-07 to 2024-06 reporting, Treasury Wine Estates Limited disclosed greenhouse gas emissions of 16 ktCO2e (Scope 1 & 2). By scope: Scope 1: 11.4 ktCO2e; Scope 2: 4.6 ktCO2e; Scope 3: 404.8 ktCO2e. 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
16 ktCO2e (Scope 1 & 2)
2023-07 to 2024-06
Renewable Energy
80%
of total energy
Water Usage
20.9 GL
2023-07 to 2024-06
Waste
33.3 kt
2023-07 to 2024-06
Energy Use
388.9 GJ x 10^3
2023-07 to 2024-06
📊 Emissions by Scope (2023-07 to 2024-06)
| 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). | 11.4 ktCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 4.6 ktCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 404.8 ktCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 66% reduction in greenhouse gas emissions (scope 1 and 2) since FY21
- 80% of electricity usage from certified renewable sources in FY24
- 94% of sites operating in high-risk catchments have smart water meters installed
- 99.2% of owned and leased vineyards hold regionally relevant certification
🎯 Climate & Sustainability Targets
🔜 Short-term
- Install smart water meters at 100% of high and medium-risk sites by end of FY25
- 100% renewable electricity by 2024
- 100% of TWE brand products labelled with energy information and general health warning by 2025 (excluding products below 375ml and DAOU products until July 2026)
📅 Medium-term
- Net Zero emissions (scope 1 and 2) by 2030
- 50% women in senior leadership by 2025
- 42% overall female representation by 2025
- Develop a global farming framework supported by metrics
🔭 Long-term
- 100% recyclable, reusable, or compostable packaging by end of 2025
- 50% average recycled content in product packaging by end of 2025
- Complete Secondary Risk Assessments for 100% of High-Risk Contracted Suppliers by end of FY26
🌱 ESG Focus Areas
Building a resilient businessFostering healthy and inclusive communitiesProducing sustainable wine