Netease Cloud Music Inc
Netease Cloud Music's GHG Emissions Data Preview
In 2024, Netease Cloud Music 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).
However, Netease Cloud Music has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature. | 0000000 |
Verified Sources Behind Netease Cloud Music’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 Netease Cloud Music’s data sources below and access millions more through our Disclosure Search.
Insights into Netease Cloud Music's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Netease Cloud Music amounted to 4,571.72 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 Netease Cloud Music increased by 119.17%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Netease Cloud Music's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Netease Cloud Music's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Netease Cloud Music were 696.58 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Netease Cloud Music's Scope 1 emissions increased by 16.52%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Netease Cloud Music's Scope 2 emissions?
In 2024, Netease Cloud Music reported Scope 2 greenhouse gas (GHG) emissions of 3,875.14 tCO₂e without specifying the calculation method.a
Has Netease Cloud Music reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Netease Cloud Music's Scope 2 emissions (Unspecified Calculation Method) rose by 160.41% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
What methodology does Netease Cloud Music use for Scope 2 reporting?
In 2024, Netease Cloud Music reported its Scope 2 emissions using an unspecified methodology.a
Netease Cloud Music's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Netease Cloud Music's Value Chain Emissions
In 2024, Netease Cloud Music reported 4,715.23 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Netease Cloud Music includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Netease Cloud Music's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Netease Cloud Music's Scope 3 emissions?
In 2024, Netease Cloud Music reported total Scope 3 emissions of 4,715.23 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Netease Cloud Music's Scope 3 emissions decreased by 32.47%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
Insights into Netease Cloud Music’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Netease Cloud Music reported Scope 1 greenhouse gas (GHG) emissions of 696.58 tCO₂e and total revenues of USD 1,189 millions. This translates into an emissions intensity of 0.59 tCO₂e per millions USD.a
Netease Cloud Music's Scope 1 Emissions Intensity Compared to Peers
How does Netease Cloud Music's GHG emissions intensity compare to its peers?
In 2024, Netease Cloud Music reported a Scope 1 emissions intensity of 0.59 tCO₂e per millions USD. Compared to the peer group median of 0.25, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Netease Cloud Music rank on GHG emissions intensity within its industry?
In 2024, Netease Cloud Music ranked 12 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Netease Cloud Music is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Netease Cloud Music's Total Carbon Footprint
In 2024, Netease Cloud Music reported a total carbon footprint of 9,286.95 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.41% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Netease Cloud Music's total carbon footprint was Scope 3 emissions, accounting for 50.77% of the company's total carbon footprint, followed by Scope 2 emissions at 41.73%.a