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 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)2024202320222021 - 2017
Total Scope 1
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a
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a
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c
0000000
Total Scope 2
Unspecified Calculation Method
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a
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a
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c
0000000
Total Scope 3
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a
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a
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c
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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c
0000000

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Verified Sources Behind NetEase’s Greenhouse Gas (GHG) Emissions Data

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Trace every data point back to NetEase’s disclosures

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Trace every data point back to NetEase’s disclosures

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Insights into NetEase's Operational Emissions

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

NetEase's Scope 1 Emissions Over Time

2020202120222023202403 k6 k9 k12 ktCO2e+231%+75%-4%-18%
  • Total Scope 1
  • Year-over-Year Change

What are NetEase's Scope 1 emissions?

In 2024, the total Scope 1 emissions of NetEase were 9,430 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Has NetEase reduced its Scope 1 emissions over time?

Since 2020, NetEase's Scope 1 emissions have increased by 355.08%, reflecting a rising long-term trend in Scope 1 emissions over time. a d

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

What are NetEase's Scope 2 emissions?

In 2024, NetEase reported Scope 2 greenhouse gas (GHG) emissions of 50,237 tCOâ‚‚e without specifying the calculation method. a

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 173.53%, reflecting a rising long-term trend in Scope 2 emissions over time. a d

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 energy a

What methodology does NetEase use for Scope 2 reporting?

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

NetEase's Scope 2 Emissions Over Time

20202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into NetEase's Value Chain Emissions

In 2024, NetEase reported 209,378 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 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

NetEase's Scope 3 Emissions Over Time

20202021202220232024070 k140 k210 k280 ktCO2e+445%0%0%-24%
  • Total Scope 3
  • Year-over-Year Change

What are NetEase's Scope 3 emissions?

In 2024, NetEase reported total Scope 3 emissions of 209,378 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Has NetEase reduced its Scope 3 emissions over time?

Since 2020, NetEase's Scope 3 emissions have increased by 316.88%, reflecting a rising long-term trend in Scope 3 emissions over time. a d

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

Insights into NetEase's Total Carbon Footprint

In 2024, NetEase reported a total carbon footprint of 269,045 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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

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