NetEase Inc

Common Name
NetEase
Country
China (Mainland)
Sector
Communication Services
Industry
Electronic Gaming & Multimedia
Employees
26,028
Ticker
NTES
Exchange
NASDAQ/NGS
Description
NetEase, Inc. ADR represents one of China's leading technology companies, focusing on online services centered around content, community, communication, and commerce. With a particular emphasis on onl...

NetEase's GHG Emissions Data Preview

In 2023, 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).

NetEase has also provided a category-level breakdown for 4 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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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into NetEase's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of NetEase amounted to 47,203 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of NetEase decreased by 11.14%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

NetEase's Scope 1 Emissions Over Time

202020212022202303 k6 k9 k12 ktCO2e+231%+75%-4%
  • Total Scope 1
  • Year-over-Year Change

What are NetEase's Scope 1 emissions?

In 2023, the total Scope 1 emissions of NetEase were 11,479 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has NetEase reduced its Scope 1 emissions over time?

Since 2020, NetEase's Scope 1 emissions have increased by 453.96%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), NetEase's Scope 1 emissions decreased by 4.24%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are NetEase's Scope 2 emissions?

In 2023, NetEase reported Scope 2 greenhouse gas (GHG) emissions of 35,724 tCOâ‚‚e without specifying the calculation method.

Has NetEase reduced its Scope 2 emissions over time?

Since 2020, NetEase's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 94.51%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), NetEase's Scope 2 emissions (Unspecified Calculation Method) fell by 13.15% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does NetEase use for Scope 2 reporting?

In 2023, NetEase reported its Scope 2 emissions using an unspecified methodology.

NetEase's Scope 2 Emissions Over Time

2020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into NetEase's Value Chain Emissions

In 2023, NetEase reported 274,645 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of NetEase includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

NetEase's Scope 3 Emissions Over Time

2020202120222023070 k140 k210 k280 ktCO2e+445%0%0%
  • Total Scope 3
  • Year-over-Year Change

What are NetEase's Scope 3 emissions?

In 2023, NetEase reported total Scope 3 emissions of 274,645 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 11.42% of these emissions originated from upstream activities such as purchased goods and capital goods, while 88.58% came from downstream activities like product use, distribution, and end-of-life treatment.

Has NetEase reduced its Scope 3 emissions over time?

Since 2020, NetEase's Scope 3 emissions have increased by 446.83%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), NetEase's Scope 3 emissions remained relatively stable, indicating that NetEase 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does NetEase disclose?

In 2023, NetEase reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of NetEase's Scope 3 emissions?

In 2023, the largest contributors to NetEase's Scope 3 emissions were:

  • Downstream Leased Assets (Cat. 13): 203,012 tCOâ‚‚e (73.92%)
  • Other/Unspecified Sources: 45,451 tCOâ‚‚e (16.55%)
  • Upstream Leased Assets (Cat. 8): 20,145 tCOâ‚‚e (7.33%)

NetEase's Scope 3 Emissions by Categories

Upstream LeasedAssets (Cat. 8)(7.3%)Other/UnspecifiedSources(16.5%)Downstream LeasedAssets (Cat. 13)(73.9%)

Insights into NetEase's Total Carbon Footprint

In 2023, NetEase reported a total carbon footprint of 321,848 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.63% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to NetEase's total carbon footprint was Scope 3 emissions, accounting for 85.33% of the company's total carbon footprint, followed by Scope 2 emissions at 11.1%.

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