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Full Truck Alliance Co Ltd

Common Name
Full Truck Alliance
Country
China (Mainland)
Sector
Technology
Industry
Software - Application
Employees
7,185
Ticker
YMM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Full Truck Alliance Co. Ltd. American Depositary Receipt represents shares in a leading digital freight platform that connects shippers with truckers, primarily serving the Chinese logistics sector. T...

Full Truck Alliance's GHG Emissions Data Preview

In 2024, Full Truck Alliance 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).

Full Truck Alliance 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)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Unspecified Calculation Method
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a
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0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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Verified Sources Behind Full Truck Alliance’s Greenhouse Gas (GHG) Emissions 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 Full Truck Alliance’s data sources below and access millions more through our Disclosure Search.

a. Full Truck Alliance's ESG Report 2024
a. Full Truck Alliance's ESG Report 2024

Insights into Full Truck Alliance's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofFull Truck Alliance amounted to3,468.53metric 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

Full Truck Alliance's Scope 1 Emissions Over Time

20240100200300400tCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Full Truck Alliance's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Full Truck Alliance were 383.56 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

What are Full Truck Alliance's Scope 2 emissions?

In 2024, Full Truck Alliance reported Scope 2 greenhouse gas (GHG) emissions of 3,084.97 tCOâ‚‚e without specifying the calculation method.a

What methodology does Full Truck Alliance use for Scope 2 reporting?

In 2024, Full Truck Alliance reported its Scope 2 emissions using an unspecified methodology.a

Full Truck Alliance's Scope 2 Emissions Over Time

202408001.6 k2.4 k3.2 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Full Truck Alliance's Value Chain Emissions

In 2024, Full Truck Alliance reported 41,844,355.33 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 Full Truck Alliance includes a breakdown across 3of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Full Truck Alliance's Scope 3 Emissions Over Time

2024015 M30 M45 M60 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Full Truck Alliance's Scope 3 emissions?

In 2024, Full Truck Alliance reported total Scope 3 emissions of 41,844,355.33 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 0.01%of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.99%came from downstream activities like product use, distribution, and end-of-life treatment.a

What categories of Scope 3 emissions does Full Truck Alliance disclose?

In 2024, Full Truck Alliance 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 Full Truck Alliance's Scope 3 emissions?

In 2024, the largest contributors to Full Truck Alliance's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 41,838,807.99 tCOâ‚‚e(99.99%)
  • Purchased Goods and Services (Cat. 1): 3,944.36 tCOâ‚‚e(0.01%)
  • Business Travel (Cat. 6): 1,602.98 tCOâ‚‚e(0%)

Full Truck Alliance's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(100.0%)

Insights into Full Truck Alliance’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Full Truck Alliance reported Scope 1 greenhouse gas (GHG) emissions of 383.56 tCOâ‚‚e and total revenues of USD 214 millions. This translates into an emissions intensity of 1.79 tCOâ‚‚e per millions USD.a

Full Truck Alliance's Scope 1 Emissions Intensity Compared to Peers

51002,00020,000500,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)NSSSTEGAHFNNNexchip SemiconductorYear: 2023Scope 1: 134,831 tCO2eRevenue: $M 1,019Scope 1 Intensity: 132.29 tCO2e/$MKingsoft Cloud HoldingsYear: 2023Scope 1: 67 tCO2eRevenue: $M 992Scope 1 Intensity: 0.07 tCO2e/$MGlodonYear: 2023Scope 1: 15 tCO2eRevenue: $M 926Scope 1 Intensity: 0.02 tCO2e/$MSSShenzhen Fastprint Circuit TechYear: 2024Scope 1: 106,017 tCO2eRevenue: $M 797Scope 1 Intensity: 133.00 tCO2e/$MKingsoft OfficeYear: 2023Scope 1: 238 tCO2eRevenue: $M 641Scope 1 Intensity: 0.37 tCO2e/$MSSShengyi ElectronicsYear: 2024Scope 1: 32,126 tCO2eRevenue: $M 642Scope 1 Intensity: 50.03 tCO2e/$MSSSharetronic Data TechnologyYear: 2024Scope 1: 52 tCO2eRevenue: $M 1,016Scope 1 Intensity: 0.05 tCO2e/$MTTTravelSky TechnologyYear: 2024Scope 1: 4,231 tCO2eRevenue: $M 1,313Scope 1 Intensity: 3.22 tCO2e/$MEEEverdisplay Optronics ShanghaiYear: 2023Scope 1: 7,664 tCO2eRevenue: $M 428Scope 1 Intensity: 17.93 tCO2e/$MYealinkYear: 2024Scope 1: 256 tCO2eRevenue: $M 770Scope 1 Intensity: 0.33 tCO2e/$MMing Yuan CloudYear: 2023Scope 1: 7 tCO2eRevenue: $M 253Scope 1 Intensity: 0.03 tCO2e/$MGGGeovis TechnologyYear: 2024Scope 1: 49 tCO2eRevenue: $M 446Scope 1 Intensity: 0.11 tCO2e/$MShanghai Baosight SoftwareYear: 2024Scope 1: 189 tCO2eRevenue: $M 1,870Scope 1 Intensity: 0.10 tCO2e/$MGDS HoldingsYear: 2024Scope 1: 63,279 tCO2eRevenue: $M 1,540Scope 1 Intensity: 41.10 tCO2e/$MNewborn TownYear: 2023Scope 1: 16 tCO2eRevenue: $M 509Scope 1 Intensity: 0.03 tCO2e/$MH&T Intelligent ControlYear: 2024Scope 1: 1,753 tCO2eRevenue: $M 1,324Scope 1 Intensity: 1.32 tCO2e/$MAsiaInfo TechnologiesYear: 2023Scope 1: 474 tCO2eRevenue: $M 1,214Scope 1 Intensity: 0.39 tCO2e/$MChina Resources MicroelectronicsYear: 2024Scope 1: 166,803 tCO2eRevenue: $M 1,386Scope 1 Intensity: 120.31 tCO2e/$MAisinoYear: 2024Scope 1: 4,624 tCO2eRevenue: $M 1,138Scope 1 Intensity: 4.06 tCO2e/$MAAACM Research ShanghaiYear: 2024Scope 1: 35 tCO2eRevenue: $M 771Scope 1 Intensity: 0.05 tCO2e/$MHuitongda NetworkYear: 2024Scope 1: 94 tCO2eRevenue: $M 9,000Scope 1 Intensity: 0.01 tCO2e/$MHHHaige CommunicationsYear: 2023Scope 1: 391 tCO2eRevenue: $M 907Scope 1 Intensity: 0.43 tCO2e/$MShenzhen Sunway CommunicationYear: 2023Scope 1: 4,595 tCO2eRevenue: $M 1,062Scope 1 Intensity: 4.33 tCO2e/$MFFFull Truck AllianceYear: 2024Scope 1: 384 tCO2eRevenue: $M 214Scope 1 Intensity: 1.79 tCO2e/$M

How does Full Truck Alliance's GHG emissions intensity compare to its peers?

In 2024, Full Truck Alliance reported a Scope 1 emissions intensity of 1.79 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.39, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Full Truck Alliance rank on GHG emissions intensity within its industry?

In 2024, Full Truck Alliance ranked 15 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Full Truck Alliance is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Full Truck Alliance's Total Carbon Footprint

In 2024, Full Truck Alliance reported a total carbon footprint of 41,847,823.86 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions.a

The largest contributor to Full Truck Alliance's total carbon footprint was Scope 3 emissions, accounting for 99.99% of the company's total carbon footprint, followed by Scope 2 emissions at 0.01%.a

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