Tencent Holdings Limited, commonly referred to as Tencent, is a leading Chinese multinational conglomerate headquartered in Shenzhen, CN. Founded in 1998, Tencent has established itself as a dominant player in the technology and entertainment sectors, with significant operations across Asia and beyond. The company is renowned for its diverse portfolio, which includes social media platforms like WeChat and QQ, online gaming through Tencent Games, and digital payment services via WeChat Pay. These offerings are distinguished by their integration of social networking and e-commerce, creating a unique user experience. With a strong market position, Tencent is one of the largest video game companies globally and a key player in the digital economy, consistently achieving notable milestones in innovation and user engagement.
How does Tencent's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Communication Equipment Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Tencent's score of 83 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Tencent reported total carbon emissions of approximately 6,056,610,100 kg CO2e, comprising 121,466,000 kg CO2e from Scope 1, 2,863,848,700 kg CO2e from Scope 2, and 3,071,295,400 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for carbon neutrality by 2030. This includes a target to reduce absolute Scope 1 and 2 greenhouse gas emissions by 70% from a 2021 baseline and to increase the sourcing of renewable electricity from 2% in 2021 to 100% by 2030. Additionally, Tencent plans to cut absolute Scope 3 emissions by 30% within the same timeframe. Long-term, the company aims to achieve a 90% reduction in total emissions across all scopes by 2050. These initiatives align with industry standards for climate action and demonstrate Tencent's commitment to addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 3,756,480 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 926,675,800 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Tencent is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.