In 2024, NetEase 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 has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 9,430a | 11,479a | 11,987c | |
Total Scope 2 | ||||
Unspecified Calculation Method | 50,237a | 35,724a | 41,131c | |
Total Scope 3 | 209,378a | 274,645a | 274,060c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 4.5173a | 0.7885a | 0.865c |
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In 2024, the total operational greenhouse gas (GHG) emissions of NetEase amounted to 59,667 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 increased by 26.41%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of NetEase were 9,430 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, NetEase's Scope 1 emissions have increased by 355.08%, reflecting a rising long-term trend in Scope 1 emissions over time.ad
Compared to the previous year (2023), NetEase's Scope 1 emissions decreased by 17.85%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, NetEase reported Scope 2 greenhouse gas (GHG) emissions of 50,237 tCO₂e without specifying the calculation method.a
Since 2020, NetEase's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 173.53%, reflecting a rising long-term trend in Scope 2 emissions over time.ad
Compared to the previous year (2023), NetEase's Scope 2 emissions (Unspecified Calculation Method) rose by 40.63% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, NetEase reported its Scope 2 emissions using an unspecified methodology.a
In 2024, NetEase reported 209,378 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 includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 4 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
In 2024, NetEase reported total Scope 3 emissions of 209,378 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, NetEase's Scope 3 emissions have increased by 316.88%, reflecting a rising long-term trend in Scope 3 emissions over time.ad
Compared to the previous year (2023), NetEase's Scope 3 emissions decreased by 23.76%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, NetEase reported Scope 1 greenhouse gas (GHG) emissions of 9,430 tCO₂e and total revenues of USD 2,088 millions. This translates into an emissions intensity of 4.52 tCO₂e per millions USD.a
In 2024, NetEase reported a Scope 1 emissions intensity of 4.52 tCO₂e per millions USD. Compared to the peer group median of 0.34, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, NetEase ranked 21 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places NetEase among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, NetEase reported a total carbon footprint of 269,045 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.41% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to NetEase's total carbon footprint was Scope 3 emissions, accounting for 77.82% of the company's total carbon footprint, followed by Scope 2 emissions at 18.67%.a