Weichai Power Co Ltd 2024 SR
The report highlights Weichai Power's 2024 ESG performance, focusing on technological innovation and green development. Key achievements include launching the world's first diesel engine with 53.09% thermal efficiency and expanding its new energy portfolio with hydrogen fuel cells and hybrid systems. The company achieved a 26.5% increase in net profit while reducing total GHG emissions to 95 million tCO2e. Socially, it maintained a 100% collective agreement rate for employees and invested RMB 21.99 million in social welfare. The report also details the implementation of a POWER sustainable development strategy and the first-time identification of double materiality issues.
Company: Weichai Power Co Ltd
Sector: Industrials
Country: China
Year: 2024
Type: SR
Pages: 68
Weichai Power Co Ltd
ESG Report
The report highlights Weichai Power's 2024 ESG performance, focusing on technological innovation and green development. Key achievements include launching the world's first diesel engine with 53.09% thermal efficiency and expanding its new energy portfolio with hydrogen fuel cells and hybrid systems. The company achieved a 26.5% increase in net profit while reducing total GHG emissions to 95 million tCO2e. Socially, it maintained a 100% collective agreement rate for employees and invested RMB 21.99 million in social welfare. The report also details the implementation of a POWER sustainable development strategy and the first-time identification of double materiality issues.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Mar 27, 2025
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees