Tencent Holdings Ltd

Common Name
Tencent Holdings
Country
China (Mainland)
Sector
Communication Services
Industry
Internet Content & Information
Employees
111,221
Ticker
700
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Tencent Holdings Limited, an investment holding company, provides value-added services, marketing services, fintech, and business services in Mainland China and internationally. The company's consumer...

Tencent Holdings's Climate Target Data Preview

As of 2024, Tencent Holdings has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Tencent Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030

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Insights into Tencent Holdings's Greenhouse Gas Emissions Pathways

As of 2024, Tencent Holdings has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Tencent Holdings have a target to reduce the emissions from its operations?

As of 2024, Tencent Holdings has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Tencent Holdings's most ambitious operational target is to reduce these emissions by 70% by 2030, compared to a baseline of 2,489,838.9 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

Instead of reducing operational emissions, Tencent Holdings has increased them, with 2024 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target. a

Tencent Holdings's Operational (Scope 1+2) Emissions Pathway

2021202420300750 k1.5 M2.25 M3 MBaselineCurrent (+20%)Target 2030 (-70%)

Does Tencent Holdings have a target to reduce the emissions from its value chain?

As of 2024, Tencent Holdings has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Tencent Holdings's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 3,381,941.8 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, Tencent Holdings is on track to meet its value chain emissions reduction target, having achieved 30.63% of the planned reduction. a

Tencent Holdings's Value Chain (Scope 3) Emissions Pathway

2021202420300850 k1.7 M2.55 M3.4 MCurrent (-9%)Target 2030 (-30%)

Verified Sources Behind Tencent Holdings’s Climate Targets Data

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