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In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 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 2024, the total operational greenhouse gas (GHG) emissions ofWeibo amounted to7,098metric 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 Weibodecreased by 9.62%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Weibo were 107 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2021, Weibo's Scope 1 emissions have decreased by 34.17%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), Weibo's Scope 1 emissions decreased by 15.32%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Weibo reported Scope 2 greenhouse gas (GHG) emissions of 6,991 tCOâ‚‚e without specifying the calculation method.a
Since 2021, Weibo's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 13.8%, reflecting a rising long-term trend in Scope 2 emissions over time.ac
Compared to the previous year(2023), Weibo's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Weibo's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2024, Weibo reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Weibo reported 49,788 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 Weibo includes a breakdown across 2of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Weibo reported total Scope 3 emissions of 49,788 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, Weibo's Scope 3 emissionshave decreased by 38.66%, reflecting a declining long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Weibo's Scope 3 emissions decreased by 10.31%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
In 2024, 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 2024, the largest contributors to Weibo's Scope 3 emissions were:a
In 2024, Weibo reported Scope 1 greenhouse gas (GHG) emissions of 107 tCOâ‚‚e and total revenues of USD 13,718 millions. This translates into an emissions intensity of 0.01 tCOâ‚‚e per millions USD.a
In 2024, Weibo reported a Scope 1 emissions intensity of 0.01 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.47, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Weibo ranked 2 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Weibo among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Weibo reported a total carbon footprint of 56,886 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.22% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Weibo's total carbon footprint was Scope 3 emissions, accounting for 87.52% of the company's total carbon footprint, followed by Scope 2 emissions at 12.29%.a