Meitu Inc

Common Name
Meitu
Country
China (Mainland)
Sector
Communication Services
Industry
Internet Content & Information
Employees
2,261
Ticker
1357
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Meitu Inc. is a technology company based in China, known for its innovative mobile applications that specialize in photo editing and sharing. The company's primary asset is its suite of beauty and pho...

Meitu's GHG Emissions Data Preview

In 2024, Meitu 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) and Scope 2 (indirect emissions from purchased energy).

However, Meitu has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

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

a. Meitu's Annual Report 2024
a. Meitu's Annual Report 2024
b. Meitu's Annual Report 2023
b. Meitu's Annual Report 2023

Insights into Meitu's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Meitu amounted to 2,160.81 metric 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 Meitu increased by 6.63%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Meitu's Scope 1 Emissions Over Time

20212022202320240306090120tCO2e+59%+29%-41%
  • Total Scope 1
  • Year-over-Year Change

What are Meitu's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Meitu were 67.84 metric tons of CO₂ equivalent (tCO₂e). a

Has Meitu reduced its Scope 1 emissions over time?

Since 2021, Meitu's Scope 1 emissions have increased by 21.66%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Meitu's Scope 1 emissions decreased by 40.92%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Meitu's Scope 2 emissions?

In 2024, Meitu reported Scope 2 greenhouse gas (GHG) emissions of 2,092.97 tCO₂e without specifying the calculation method. a

Has Meitu reduced its Scope 2 emissions over time?

Since 2021, Meitu's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 79.54%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Meitu's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Meitu 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Meitu use for Scope 2 reporting?

In 2024, Meitu reported its Scope 2 emissions using an unspecified methodology. a

Meitu's Scope 2 Emissions Over Time

202120222023202405501.1 k1.65 k2.2 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Meitu’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Meitu reported Scope 1 greenhouse gas (GHG) emissions of 67.84 tCO₂e and total revenues of USD 501 millions. This translates into an emissions intensity of 0.14 tCO₂e per millions USD. a

Meitu's Scope 1 Emissions Intensity Compared to Peers

51002,00050,0001,000,000Scope 1 Emissions (tCO2e)1005005,00050,000200,000Revenues (Millions of USD)DCA37 Interactive EntertainmentYear: 2023Scope 1: 163 tCO2eRevenue: $M 2,329Scope 1 Intensity: 0.07 tCO2e/$MChina TowerYear: 2024Scope 1: 50,748 tCO2eRevenue: $M 14,584Scope 1 Intensity: 3.48 tCO2e/$MBaiduYear: 2024Scope 1: 20,570 tCO2eRevenue: $M 2,540Scope 1 Intensity: 8.10 tCO2e/$MInkeverse GroupYear: 2023Scope 1: 6 tCO2eRevenue: $M 1,045Scope 1 Intensity: 0.01 tCO2e/$MNetease Cloud MusicYear: 2023Scope 1: 598 tCO2eRevenue: $M 1,208Scope 1 Intensity: 0.49 tCO2e/$MChina UnicomYear: 2023Scope 1: 100,000 tCO2eRevenue: $M 52,427Scope 1 Intensity: 1.91 tCO2e/$MDDDamai Entertainment HoldingsYear: 2024Scope 1: 464 tCO2eRevenue: $M 762Scope 1 Intensity: 0.61 tCO2e/$MNetDragon Websoft HoldingsYear: 2023Scope 1: 58 tCO2eRevenue: $M 1,091Scope 1 Intensity: 0.05 tCO2e/$MiDreamSky Technology HoldingsYear: 2023Scope 1: 15 tCO2eRevenue: $M 295Scope 1 Intensity: 0.05 tCO2e/$MCCChina Communications ServicesYear: 2024Scope 1: 263,200 tCO2eRevenue: $M 22,374Scope 1 Intensity: 11.76 tCO2e/$MXDYear: 2023Scope 1: 716 tCO2eRevenue: $M 522Scope 1 Intensity: 1.37 tCO2e/$MChina LiteratureYear: 2024Scope 1: 45 tCO2eRevenue: $M 1,209Scope 1 Intensity: 0.04 tCO2e/$MWinshareYear: 2023Scope 1: 3,117 tCO2eRevenue: $M 1,645Scope 1 Intensity: 1.89 tCO2e/$MTencent HoldingsYear: 2024Scope 1: 121,466 tCO2eRevenue: $M 98,489Scope 1 Intensity: 1.23 tCO2e/$MNetEaseYear: 2024Scope 1: 9,430 tCO2eRevenue: $M 2,010Scope 1 Intensity: 4.69 tCO2e/$MWeiboYear: 2023Scope 1: 126 tCO2eRevenue: $M 1,760Scope 1 Intensity: 0.07 tCO2e/$MTencent MusicYear: 2024Scope 1: 112 tCO2eRevenue: $M 4,240Scope 1 Intensity: 0.03 tCO2e/$MAAAutohomeYear: 2023Scope 1: 362 tCO2eRevenue: $M 1,011Scope 1 Intensity: 0.36 tCO2e/$MCMGE Technology GroupYear: 2023Scope 1: 20 tCO2eRevenue: $M 401Scope 1 Intensity: 0.05 tCO2e/$MKuaishou TechnologyYear: 2024Scope 1: 2,100 tCO2eRevenue: $M 18,885Scope 1 Intensity: 0.11 tCO2e/$MMeituYear: 2024Scope 1: 68 tCO2eRevenue: $M 501Scope 1 Intensity: 0.14 tCO2e/$M

How does Meitu's GHG emissions intensity compare to its peers?

In 2024, Meitu reported a Scope 1 emissions intensity of 0.14 tCO₂e per millions USD. Compared to the peer group median of 0.43 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Meitu rank on GHG emissions intensity within its industry?

In 2024, Meitu ranked 10 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

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