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Kuaishou Technology
Kuaishou Technology's GHG Emissions Data Preview
In 2024, Kuaishou Technology 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).
Kuaishou Technology has also provided a category-level breakdown for 6 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.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 2 | ||||
Market-Based | 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 |
Location-Based | 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 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 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.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
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aVerified Sources Behind Kuaishou Technology’s Greenhouse Gas (GHG) Emissions Data
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Insights into Kuaishou Technology's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofKuaishou Technology amounted to276,100metric 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 Kuaishou Technologydecreased by 73.84%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
Kuaishou Technology's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Kuaishou Technology's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Kuaishou Technology were 2,100 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Kuaishou Technology reduced its Scope 1 emissions over time?
Since 2022, Kuaishou Technology's Scope 1 emissions have decreased by 79.41%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), Kuaishou Technology's Scope 1 emissions decreased by 75%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
What are Kuaishou Technology's Scope 2 emissions?
In 2024, Kuaishou Technology reported Scope 2 greenhouse gas (GHG) emissions of 57,800 tCOâ‚‚e using the market-based method and 274,000 tCOâ‚‚e using the location-based method.a
What methodology does Kuaishou Technology use for Scope 2 reporting?
In 2024, Kuaishou Technology reported its Scope 2 emissions using the market-based method and using the location-based method.a
Kuaishou Technology's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Kuaishou Technology's Value Chain Emissions
In 2024, Kuaishou Technology reported 1,259,100 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 Kuaishou Technology includes a breakdown across 6of 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
Kuaishou Technology's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Kuaishou Technology's Scope 3 emissions?
In 2024, Kuaishou Technology reported total Scope 3 emissions of 1,259,100 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 Kuaishou Technology disclose?
In 2024, Kuaishou Technology reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Kuaishou Technology's Scope 3 emissions?
In 2024, the largest contributors to Kuaishou Technology's Scope 3 emissions were:a
- Upstream Leased Assets (Cat. 8): 862,800 tCOâ‚‚e(68.53%)
- Capital Goods (Cat. 2): 290,300 tCOâ‚‚e(23.06%)
- Fuel- and Energy-Related Services (Cat. 3): 47,900 tCOâ‚‚e(3.8%)
Kuaishou Technology's Scope 3 Emissions by Categories
Insights into Kuaishou Technology’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Kuaishou Technology reported Scope 1 greenhouse gas (GHG) emissions of 2,100 tCOâ‚‚e and total revenues of USD 18,885 millions. This translates into an emissions intensity of 0.11 tCOâ‚‚e per millions USD.a
Kuaishou Technology's Scope 1 Emissions Intensity Compared to Peers
How does Kuaishou Technology's GHG emissions intensity compare to its peers?
In 2024, Kuaishou Technology reported a Scope 1 emissions intensity of 0.11 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.6, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Kuaishou Technology rank on GHG emissions intensity within its industry?
In 2024, Kuaishou Technology ranked 7 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Kuaishou Technology is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Kuaishou Technology's Total Carbon Footprint
In 2024, Kuaishou Technology reported a total carbon footprint of 1,535,200 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 45.48% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Kuaishou Technology's total carbon footprint was Scope 3 emissions, accounting for 82.02% of the company's total carbon footprint, followed by Scope 2 emissions at 17.85%.a