Alibaba Group Holding Ltd

Common Name
Alibaba Group Holding
Country
Hong Kong
Sector
Consumer Cyclical
Industry
Internet Retail
Employees
124,320
Ticker
BABA
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Alibaba Group Holding Limited is a multinational conglomerate specializing in e-commerce, retail, Internet, and technology. The primary function of Alibaba is to provide online platforms for businesse...

Alibaba Group Holding Energy Data Preview

In 2024, Alibaba Group Holding disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Alibaba Group Holding also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Alibaba Group Holding also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Alibaba Group Holding also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Alibaba Group Holding's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Alibaba Group Holding's Energy Renewability

In 2024, Alibaba Group Holding consumed a total of 33.98 million Gigajoules of energy across its operations. Of this total, 21.46% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 78.54% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Alibaba Group Holding's Energy Renewability Rate

21%

How much of Alibaba Group Holding's energy consumed is renewable?

In 2024, Alibaba Group Holding consumed a total of 33.98 million Gigajoules of energy, of which 21.46% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Alibaba Group Holding has considerable room to improve its energy sustainability strategy.

Are Alibaba Group Holding's energy practices becoming more sustainable?

Since 2022, Alibaba Group Holding's total energy consumption increased by 7.42%, including a 6.07% increase in 2024, reflecting a sustained rise in overall energy demand.

Over the same period, the share of renewable energy in Alibaba Group Holding's consumption increased by 292.42%, including a 71.47% increase in 2024, showing consistent progress in clean energy adoption.

Overall, Alibaba Group Holding has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energy—mitigating the environmental impact of its growing consumption.

Alibaba Group Holding's Renewable vs Non-renewable Energy Over Time

32.89 M12.89 M7.11 M32.89 MGigajoules (GJ)20222023202421%95%87%79%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Alibaba Group Holding's Energy Consumption & Production Mix

In 2024, Alibaba Group Holding disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Alibaba Group Holding's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Alibaba Group Holding's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(88.0%)Diesel(9.3%)

What are the main sources and generation technologies behind Alibaba Group Holding's energy consumption?

In 2024, Alibaba Group Holding's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (88.01%)
  • Diesel (9.26%)
  • Natural Gas (1.84%)

How diverse is Alibaba Group Holding’s energy consumption mix?

In 2024, Alibaba Group Holding consumed energy from 6 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 88.01% of total consumption.

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