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BYD Co Ltd

Common Name
BYD
Country
China (Mainland)
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
968,900
Ticker
002594
Exchange
SHENZHEN STOCK EXCHANGE
Description
BYD Company Limited is a leading Chinese conglomerate renowned for its innovation in the automotive and renewable energy sectors. Established in 1995, BYD initially focused on rechargeable batteries, ...

BYD's Climate Target Data Preview

As of 2024, BYD has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into BYD's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Revenue
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a
2030
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Verified Sources Behind BYD’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore BYD’s data sources below and access millions more through our Disclosure Search.

a. BYD's Sustainability Report 2024
a. BYD's Sustainability Report 2024

Insights into BYD's Greenhouse Gas Emissions Pathways

As of 2024, BYD has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a

Does BYD have a target to reduce the emissions from its operations?

As of 2024, BYD has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

BYD's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Revenue in 2023.a

As of 2024, BYD is ahead of schedule on its operational emissions reduction target, having achieved 73.1% of the planned reduction.a

BYD's Operational (Scope 1+2) Emissions Pathway

20232024203000000BaselineCurrent (-37%)Target 2030 (-50%)
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