In 2023, Weibo 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).
Weibo has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Weibo amounted to 7,853.93 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 2022, the total operational greenhouse gas (GHG) emissions of Weibo increased by 39.68%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2023, the total Scope 1 emissions of Weibo were 126.36 metric tons of CO₂ equivalent (tCO₂e). a
Since 2021, Weibo's Scope 1 emissions have decreased by 22.25%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Weibo's Scope 1 emissions increased by 37.98%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2023, Weibo reported Scope 2 greenhouse gas (GHG) emissions of 7,727.57 tCO₂e without specifying the calculation method. a
Since 2021, Weibo's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 25.79%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Weibo's Scope 2 emissions (Unspecified Calculation Method) rose by 39.71% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
In 2023, Weibo reported its Scope 2 emissions using an unspecified methodology. a
In 2023, Weibo reported 55,509.4 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 2023 disclosure of Weibo includes a breakdown across 2 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. a
In 2023, Weibo reported total Scope 3 emissions of 55,509.4 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 6.57% of these emissions originated from upstream activities such as purchased goods and capital goods, while 93.43% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2021, Weibo's Scope 3 emissions have decreased by 31.61%, reflecting a declining long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), Weibo's Scope 3 emissions decreased by 16.6%, highlighting the company's efforts to lower indirect emissions from its value chain. a
In 2023, Weibo reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2023, the largest contributors to Weibo's Scope 3 emissions were: a
In 2023, Weibo reported Scope 1 greenhouse gas (GHG) emissions of 126.36 tCO₂e and total revenues of USD 1,760 millions. This translates into an emissions intensity of 0.07 tCO₂e per millions USD. a
In 2023, Weibo reported a Scope 1 emissions intensity of 0.07 tCO₂e per millions USD. Compared to the peer group median of 0.43 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2023, Weibo ranked 8 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Weibo is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2023, Weibo reported a total carbon footprint of 63,363.33 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.21% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Weibo's total carbon footprint was Scope 3 emissions, accounting for 87.6% of the company's total carbon footprint, followed by Scope 2 emissions at 12.2%. a