ZTO Express (Cayman) Inc

Common Name
ZTO Express (Cayman)
Country
China (Mainland)
Sector
Industrials
Industry
Integrated Freight & Logistics
Employees
24,477
Ticker
2057
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
ZTO Express (Cayman) Inc. operates as a leading comprehensive express delivery and logistics service provider in China. Its primary function is to facilitate efficient, reliable, and quick shipments a...

ZTO Express (Cayman)'s GHG Emissions Data Preview

In 2023, ZTO Express (Cayman) 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).

ZTO Express (Cayman) 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into ZTO Express (Cayman)'s Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of ZTO Express (Cayman) amounted to 1,790,967 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of ZTO Express (Cayman) increased by 9.02%, suggesting that the company faced challenges in reducing its emissions from its core operations.

ZTO Express (Cayman)'s Scope 1 Emissions Over Time

2018201920202021202220230400 k800 k1.2 M1.6 MtCO2e+15%+67%+15%-2%+6%
  • Total Scope 1
  • Year-over-Year Change

What are ZTO Express (Cayman)'s Scope 1 emissions?

In 2023, the total Scope 1 emissions of ZTO Express (Cayman) were 1,402,275 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has ZTO Express (Cayman) reduced its Scope 1 emissions over time?

Since 2018, ZTO Express (Cayman)'s Scope 1 emissions have increased by 128.78%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), ZTO Express (Cayman)'s Scope 1 emissions increased by 5.88%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are ZTO Express (Cayman)'s Scope 2 emissions?

In 2023, ZTO Express (Cayman) reported Scope 2 greenhouse gas (GHG) emissions of 388,692 tCOâ‚‚e without specifying the calculation method.

Has ZTO Express (Cayman) reduced its Scope 2 emissions over time?

Since 2018, ZTO Express (Cayman)'s Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 283.22%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), ZTO Express (Cayman)'s Scope 2 emissions (Unspecified Calculation Method) rose by 22.07% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does ZTO Express (Cayman) use for Scope 2 reporting?

In 2023, ZTO Express (Cayman) reported its Scope 2 emissions using an unspecified methodology.

ZTO Express (Cayman)'s Scope 2 Emissions Over Time

2018201920202021202220230100 k200 k300 k400 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into ZTO Express (Cayman)'s Value Chain Emissions

In 2023, ZTO Express (Cayman) reported 154,965 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of ZTO Express (Cayman) 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.

ZTO Express (Cayman)'s Scope 3 Emissions Over Time

201820192020202120222023040 k80 k120 k160 ktCO2e+66%-9%+31%+3%+19%
  • Total Scope 3
  • Year-over-Year Change

What are ZTO Express (Cayman)'s Scope 3 emissions?

In 2023, ZTO Express (Cayman) reported total Scope 3 emissions of 154,965 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has ZTO Express (Cayman) reduced its Scope 3 emissions over time?

Since 2018, ZTO Express (Cayman)'s Scope 3 emissions have increased by 143.1%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), ZTO Express (Cayman)'s Scope 3 emissions increased by 19.28%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does ZTO Express (Cayman) disclose?

In 2023, ZTO Express (Cayman) reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of ZTO Express (Cayman)'s Scope 3 emissions?

In 2023, the largest contributors to ZTO Express (Cayman)'s Scope 3 emissions were:

  • Other/Unspecified Sources: 98,277 tCOâ‚‚e (63.42%)
  • Purchased Goods and Services (Cat. 1): 56,688 tCOâ‚‚e (36.58%)

ZTO Express (Cayman)'s Scope 3 Emissions by Categories

Other/UnspecifiedSources(63.4%)Purchased Goods andServices (Cat. 1)(36.6%)

Insights into ZTO Express (Cayman)'s Total Carbon Footprint

In 2023, ZTO Express (Cayman) reported a total carbon footprint of 1,945,932 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.77% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to ZTO Express (Cayman)'s total carbon footprint was Scope 1 emissions, accounting for 72.06% of the company's total carbon footprint, followed by Scope 2 emissions at 19.97%.