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Weir Group Retains Top CDP Climate Score and Updates Net Zero Transition Plan

Story Highlights
  • Weir Group secured a fourth consecutive CDP ‘A’ score, confirming climate leadership.
  • The company issued an updated net zero transition plan and urged stronger SBTi reforms.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Weir Group Retains Top CDP Climate Score and Updates Net Zero Transition Plan

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Weir Group plc (The) ( (GB:WEIR) ) just unveiled an update.

Weir Group has received an ‘A’ score for climate transparency from CDP for the fourth consecutive year, underscoring its leadership in emissions reduction, climate risk management, and governance as it supports mining customers in scaling production while cutting environmental impact. Alongside this recognition, the company has published an updated climate transition plan setting out its high-level pathway to align with a net zero world through 2030 and 2050, detailing progress toward Science Based Targets for Scope 1 and 2 emissions, advances in energy- and emissions-saving technologies such as high pressure grinding rolls and vertical stirred mills, and strategic work on water stewardship. Weir is also using its position to advocate for stronger, more practical climate frameworks, welcoming recent revisions to the Science Based Targets initiative’s Corporate Net Zero Standard while calling for further reforms to better engage hard-to-abate sectors like mining, reinforcing its role at the centre of the industry’s decarbonisation efforts.

The most recent analyst rating on (GB:WEIR) stock is a Buy with a £3639.00 price target. To see the full list of analyst forecasts on Weir Group plc (The) stock, see the GB:WEIR Stock Forecast page.

Spark’s Take on GB:WEIR Stock

According to Spark, TipRanks’ AI Analyst, GB:WEIR is a Outperform.

The Weir Group plc’s overall stock score is driven by strong financial performance and positive technical indicators. The company’s strategic acquisitions and focus on digital solutions are expected to support future growth. While the valuation is fair, the earnings call and corporate events highlight significant strengths and confidence in the company’s strategic direction.

To see Spark’s full report on GB:WEIR stock, click here.

More about Weir Group plc (The)

The Weir Group PLC, founded in 1871, is a global engineering business focused on making mining and infrastructure operations more sustainable and efficient. The company supplies highly engineered technology and digital solutions that enable the production of critical resources using less energy, water and waste, and is positioned to benefit from long-term demand for essential metals driven by economic development and the low-carbon transition. Weir employs around 12,000 people in over 50 countries and has a presence in every major mining region worldwide, with its shares listed on the London Stock Exchange and ADRs traded over the counter in the US.

Average Trading Volume: 803,644

Technical Sentiment Signal: Buy

Current Market Cap: £8.19B

See more insights into WEIR stock on TipRanks’ Stock Analysis page.

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