GlobalData offers a comprehensive analysis of WH Group, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on WH Group‘s ESG performance. GlobalData’s company profile on WH Group offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
WH Group, a global food company, has set zero emissions by 2050 to address its greenhouse gas (GHG) emissions. As per ESG report in 2022, the company's GHG emissions in scope 1 were 3,513,674 metric tons of CO2e, while in scope 2, they were 2,030,585 metric tons of CO2e. The total GHG emissions (scope 1 + scope 2) were 5,544,259 metric tons of CO2e. In 2022, the Scope 3 emissions for US locations totaled 29,699,786 metric tons of CO2e. Scope 1 emissions refer to direct emissions from owned or controlled sources, scope 2 emissions refer to indirect emissions from the generation of purchased energy, and scope 3 emissions refer to indirect emissions from the company's value chain.
WH Group endorses the initiatives outlined in the Paris Agreement aimed at addressing global climate change. The goal is to decrease GHG emissions per unit of product by 30% by 2030, measured against a 2017 baseline, and attain carbon neutrality by 2050, encompassing the entirety of the supply chain. This commitment involves implementing technology enhancements, transforming processes, and optimizing the energy mix to accomplish carbon emissions reduction across all subsidiaries.
WH Group actively advocates for energy conservation and emissions reduction throughout its value chain. By exploring opportunities for carbon reduction and potential industry values through strategic investments and partnerships, the company diversifies its pathways for carbon reduction. This approach enables WH Group to enhance greenhouse gas emissions reduction both within and beyond its value chain, thereby bolstering overall resilience and transforming risks into opportunities. To reduce its emissions, WH Group has taken steps and plans to take further actions. The company's efforts include addressing climate change, managing resources and pollution, and implementing emission reduction targets. WH Group also focuses on waste management, water consumption, and energy efficiency.
In conclusion, WH Group is committed to reduce its GHG emissions. The company has taken steps and plans to take further actions to reduce emissions, including investments in emission reduction measures. Implementing these measures contributes to the reduction of the carbon footprint of its products and lowers the cost of the transition to a low-carbon environment.