In 2024, Tencent Holdings 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).
Tencent Holdings has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 121,466a | 275,373.5a | 172,137.9a | |
Total Scope 2 | ||||
Market-Based | 2,863,848.7a | 2,561,328.3a | 2,650,073.3a | |
Location-Based | 3,642,094.8a | 2,922,093.6b | N/A | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 3,071,295.4a | 2,957,122a | 2,917,512.5a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.3426a | 3.2135a | 2.1614a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
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.
In 2024, the total operational greenhouse gas (GHG) emissions of Tencent Holdings amounted to 3,763,560.8 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 Tencent Holdings increased by 17.7%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Tencent Holdings were 121,466 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Tencent Holdings's Scope 1 emissions have increased by 2,860.99%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Tencent Holdings's Scope 1 emissions decreased by 55.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Tencent Holdings reported Scope 2 greenhouse gas (GHG) emissions of 2,863,848.7 tCO₂e using the market-based method and 3,642,094.8 tCO₂e using the location-based method.a
Compared to the previous year (2023), Tencent Holdings's Scope 2 emissions (Location-Based) rose by 24.64% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
In 2024, Tencent Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Tencent Holdings reported 3,071,295.4 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 Tencent Holdings includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Tencent Holdings reported total Scope 3 emissions of 3,071,295.4 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.94% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.06% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Tencent Holdings's Scope 3 emissions remained relatively stable, indicating that Tencent Holdings's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Tencent Holdings reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Tencent Holdings's Scope 3 emissions were:a
In 2024, Tencent Holdings reported Scope 1 greenhouse gas (GHG) emissions of 121,466 tCO₂e and total revenues of USD 90,471 millions. This translates into an emissions intensity of 1.34 tCO₂e per millions USD.a
In 2024, Tencent Holdings reported a Scope 1 emissions intensity of 1.34 tCO₂e per millions USD. Compared to the peer group median of 0.16, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Tencent Holdings ranked 22 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Tencent Holdings among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Tencent Holdings reported a total carbon footprint of 6,834,856.2 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.05% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Tencent Holdings's total carbon footprint was Scope 2 emissions, accounting for 53.29% of the company's total carbon footprint, followed by Scope 3 emissions at 44.94%.a