In 2024, Xpeng 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).
Xpeng has also provided a category-level breakdown for 3 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 of Xpeng amounted to 164,933 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 Xpeng increased by 4.89%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2024, the total Scope 1 emissions of Xpeng were 27,873 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, Xpeng's Scope 1 emissions have increased by 895.11%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Xpeng's Scope 1 emissions increased by 3.07%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2024, Xpeng reported Scope 2 greenhouse gas (GHG) emissions of 137,060 tCO₂e without specifying the calculation method. a
Since 2020, Xpeng's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 458.77%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), Xpeng's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Xpeng 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, Xpeng reported its Scope 2 emissions using an unspecified methodology. a
In 2024, Xpeng reported 2,972,670 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 Xpeng includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2024, Xpeng reported total Scope 3 emissions of 2,972,670 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 1.71% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.29% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2020, Xpeng's Scope 3 emissions have increased by 231,596.8%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Xpeng's Scope 3 emissions increased by 29.96%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2024, Xpeng reported emissions for 3 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 Xpeng's Scope 3 emissions were: a
In 2024, Xpeng reported Scope 1 greenhouse gas (GHG) emissions of 27,873 tCO₂e and total revenues of USD 780 millions. This translates into an emissions intensity of 35.73 tCO₂e per millions USD. a
In 2024, Xpeng reported a Scope 1 emissions intensity of 35.73 tCO₂e per millions USD. Compared to the peer group median of 4.46 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Xpeng ranked 25 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Xpeng among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2024, Xpeng reported a total carbon footprint of 3,137,603 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 28.34% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Xpeng's total carbon footprint was Scope 3 emissions, accounting for 94.74% of the company's total carbon footprint, followed by Scope 2 emissions at 4.37%. a