ZTO Express (Cayman) Inc

Common Name
ZTO Express (Cayman)
Country
China (Mainland)
Sector
Industrials
Industry
Integrated Freight & Logistics
Employees
23,913
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 2024, 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind ZTO Express (Cayman)’s Greenhouse Gas (GHG) Emissions Data

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. Explore ZTO Express (Cayman)’s data sources below and access millions more through our Disclosure Search.

a. ZTO Express (Cayman)'s ESG Report 2024
a. ZTO Express (Cayman)'s ESG Report 2024
b. ZTO Express (Cayman)'s ESG Report 2020
b. ZTO Express (Cayman)'s ESG Report 2020

Insights into ZTO Express (Cayman)'s Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of ZTO Express (Cayman) amounted to 1,908,130 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 ZTO Express (Cayman) increased by 6.54%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

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

20182019202020212022202320240400 k800 k1.2 M1.6 MtCO2e+15%+67%+15%-2%+6%+7%
  • Total Scope 1
  • Year-over-Year Change

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

In 2024, the total Scope 1 emissions of ZTO Express (Cayman) were 1,497,388 metric tons of CO₂ equivalent (tCO₂e). a

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

Since 2018, ZTO Express (Cayman)'s Scope 1 emissions have increased by 144.29%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), ZTO Express (Cayman)'s Scope 1 emissions increased by 6.78%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

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

In 2024, ZTO Express (Cayman) reported Scope 2 greenhouse gas (GHG) emissions of 410,742 tCO₂e without specifying the calculation method. a

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 304.96%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), ZTO Express (Cayman)'s Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that ZTO Express (Cayman) 's emissions have plateaued with no significant change in its energy consumption footprint. a

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

In 2024, ZTO Express (Cayman) reported its Scope 2 emissions using an unspecified methodology. a

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

20182019202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

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

In 2024, ZTO Express (Cayman) reported 190,343 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 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 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

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

2018201920202021202220232024050 k100 k150 k200 ktCO2e+66%-9%+31%+3%+19%+23%
  • Total Scope 3
  • Year-over-Year Change

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

In 2024, ZTO Express (Cayman) reported total Scope 3 emissions of 190,343 metric tons of CO₂ equivalent (tCO₂e). 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

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

Since 2018, ZTO Express (Cayman)'s Scope 3 emissions have increased by 198.6%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), ZTO Express (Cayman)'s Scope 3 emissions increased by 22.83%, suggesting that the company faced challenges in reducing emissions across its value chain. a

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

In 2024, ZTO Express (Cayman) 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.

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

In 2024, the largest contributors to ZTO Express (Cayman)'s Scope 3 emissions were: a

  • Other/Unspecified Sources: 117,390 tCO₂e (61.67%)
  • Purchased Goods and Services (Cat. 1): 72,953 tCO₂e (38.33%)

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

Purchased Goods andServices (Cat. 1)(38.3%)Other/UnspecifiedSources(61.7%)

Insights into ZTO Express (Cayman)’s GHG Emissions Intensity Compared to Industry Peers

In 2024, ZTO Express (Cayman) reported Scope 1 greenhouse gas (GHG) emissions of 1,497,388 tCO₂e and total revenues of USD 6,605 millions. This translates into an emissions intensity of 226.71 tCO₂e per millions USD. a

ZTO Express (Cayman)'s Scope 1 Emissions Intensity Compared to Peers

20010,000200,00010,000,000200,000,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)GCEBXSQSSZJ&T Global ExpressYear: 2023Scope 1: 689,739 tCO2eRevenue: $M 8,849Scope 1 Intensity: 77.94 tCO2e/$MS.F. HoldingYear: 2024Scope 1: 3,162,013 tCO2eRevenue: $M 38,972Scope 1 Intensity: 81.14 tCO2e/$MJiangsu ExpresswayYear: 2024Scope 1: 3,930 tCO2eRevenue: $M 3,179Scope 1 Intensity: 1.24 tCO2e/$MSanxing MedicalYear: 2023Scope 1: 1,216 tCO2eRevenue: $M 1,613Scope 1 Intensity: 0.75 tCO2e/$MCitic Offshore HelicopterYear: 2023Scope 1: 48,906,415 tCO2eRevenue: $M 277Scope 1 Intensity: 176,461.31 tCO2e/$MCOSCO SHIPPING DevelopmentYear: 2024Scope 1: 46,330 tCO2eRevenue: $M 3,786Scope 1 Intensity: 12.24 tCO2e/$MJUNEYAO AIRLINESYear: 2023Scope 1: 2,509,290 tCO2eRevenue: $M 2,828Scope 1 Intensity: 887.43 tCO2e/$MChina Railway MaterialsYear: 2023Scope 1: 1,269,079 tCO2eRevenue: $M 6,341Scope 1 Intensity: 200.13 tCO2e/$MWolong Electric GroupYear: 2023Scope 1: 4,328 tCO2eRevenue: $M 2,190Scope 1 Intensity: 1.98 tCO2e/$MGGGotion High techYear: 2023Scope 1: 121,903 tCO2eRevenue: $M 4,447Scope 1 Intensity: 27.41 tCO2e/$MCCChina Merchants Port GroupYear: 2023Scope 1: 103,361 tCO2eRevenue: $M 2,216Scope 1 Intensity: 46.64 tCO2e/$MEEEastern Air LogisticsYear: 2023Scope 1: 1,581,794 tCO2eRevenue: $M 2,902Scope 1 Intensity: 545.16 tCO2e/$MBBBNBMYear: 2023Scope 1: 3,371,400 tCO2eRevenue: $M 3,155Scope 1 Intensity: 1,068.43 tCO2e/$MCALB GroupYear: 2023Scope 1: 307,489 tCO2eRevenue: $M 4,139Scope 1 Intensity: 74.29 tCO2e/$MZhejiang ExpresswayYear: 2024Scope 1: 11,471 tCO2eRevenue: $M 2,688Scope 1 Intensity: 4.27 tCO2e/$MXXXTC New Energy MaterialsYear: 2023Scope 1: 30,984 tCO2eRevenue: $M 2,436Scope 1 Intensity: 12.72 tCO2e/$MSSShanghai Zhonggu LogisticsYear: 2024Scope 1: 807,147 tCO2eRevenue: $M 1,543Scope 1 Intensity: 523.23 tCO2e/$MZMJYear: 2023Scope 1: 27,444 tCO2eRevenue: $M 5,125Scope 1 Intensity: 5.36 tCO2e/$MQQQingdao Port InternationalYear: 2024Scope 1: 134,823 tCO2eRevenue: $M 2,595Scope 1 Intensity: 51.95 tCO2e/$MYangzijiang Shipbuilding (Holdings)Year: 2024Scope 1: 76,235 tCO2eRevenue: $M 648Scope 1 Intensity: 117.57 tCO2e/$MSinotransYear: 2024Scope 1: 163,316 tCO2eRevenue: $M 14,472Scope 1 Intensity: 11.28 tCO2e/$MJD LogisticsYear: 2024Scope 1: 2,260,000 tCO2eRevenue: $M 27,205Scope 1 Intensity: 83.07 tCO2e/$MSSShandong Hi-speedYear: 2023Scope 1: 367,058 tCO2eRevenue: $M 3,735Scope 1 Intensity: 98.27 tCO2e/$MSSShanghai M&G StationeryYear: 2024Scope 1: 2,393 tCO2eRevenue: $M 3,320Scope 1 Intensity: 0.72 tCO2e/$MSany Heavy IndustryYear: 2023Scope 1: 84,120 tCO2eRevenue: $M 10,415Scope 1 Intensity: 8.08 tCO2e/$MZZZTO Express (Cayman)Year: 2024Scope 1: 1,497,388 tCO2eRevenue: $M 6,605Scope 1 Intensity: 226.71 tCO2e/$M

How does ZTO Express (Cayman)'s GHG emissions intensity compare to its peers?

In 2024, ZTO Express (Cayman) reported a Scope 1 emissions intensity of 226.71 tCO₂e per millions USD. Compared to the peer group median of 51.95 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does ZTO Express (Cayman) rank on GHG emissions intensity within its industry?

In 2024, ZTO Express (Cayman) ranked 21 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places ZTO Express (Cayman) among the least efficient performers, with one of the highest emissions intensities in its sector. a

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

In 2024, ZTO Express (Cayman) reported a total carbon footprint of 2,098,473 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.84% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to ZTO Express (Cayman)'s total carbon footprint was Scope 1 emissions, accounting for 71.36% of the company's total carbon footprint, followed by Scope 2 emissions at 19.57%. a

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