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BYD Co Ltd
BYD's GHG Emissions Data Preview
In 2024, BYD completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
BYD has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind BYD’s Greenhouse Gas (GHG) Emissions Data
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Insights into BYD's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofBYD amounted to10,101,826.2metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of BYDdecreased by 18.15%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
BYD's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are BYD's Scope 1 emissions?
In 2024, the total Scope 1 emissions of BYD were 1,539,251.46 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has BYD reduced its Scope 1 emissions over time?
Since 2022, BYD's Scope 1 emissions have increased by 179.39%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), BYD's Scope 1 emissions increased by 65.17%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are BYD's Scope 2 emissions?
In 2024, BYD reported Scope 2 greenhouse gas (GHG) emissions of 8,562,574.74 tCOâ‚‚e without specifying the calculation method.a
Has BYD reduced its Scope 2 emissions over time?
Since 2022, BYD's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 14%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), BYD's Scope 2 emissions(Unspecified Calculation Method) fell by 24.95% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does BYD use for Scope 2 reporting?
In 2024, BYD reported its Scope 2 emissions using an unspecified methodology.a
BYD's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into BYD's Value Chain Emissions
In 2024, BYD reported 3,326,312.49 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of BYD includes a breakdown across 3of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
BYD's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are BYD's Scope 3 emissions?
In 2024, BYD reported total Scope 3 emissions of 3,326,312.49 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
What categories of Scope 3 emissions does BYD disclose?
In 2024, BYD reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of BYD's Scope 3 emissions?
In 2024, the largest contributors to BYD's Scope 3 emissions were:a
- Fuel- and Energy-Related Services (Cat. 3): 3,166,958.18 tCOâ‚‚e(95.21%)
- Business Travel (Cat. 6): 158,970.51 tCOâ‚‚e(4.78%)
- Employee Commuting (Cat. 7): 383.8 tCOâ‚‚e(0.01%)
BYD's Scope 3 Emissions by Categories
Insights into BYD’s GHG Emissions Intensity Compared to Industry Peers
In 2024, BYD reported Scope 1 greenhouse gas (GHG) emissions of 1,539,251.46 tCOâ‚‚e and total revenues of USD 106,480 millions. This translates into an emissions intensity of 14.46 tCOâ‚‚e per millions USD.a
BYD's Scope 1 Emissions Intensity Compared to Peers
How does BYD's GHG emissions intensity compare to its peers?
In 2024, BYD reported a Scope 1 emissions intensity of 14.46 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.97, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does BYD rank on GHG emissions intensity within its industry?
In 2024, BYD ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places BYD among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into BYD's Total Carbon Footprint
In 2024, BYD reported a total carbon footprint of 13,428,138.69 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.81% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to BYD's total carbon footprint was Scope 2 emissions, accounting for 63.77% of the company's total carbon footprint, followed by Scope 3 emissions at 24.77%.a