BYD Company Limited
BYD Company Limited, commonly known as BYD, is a leading Chinese multinational headquartered in Shenzhen, CN. Founded in 1995, BYD has rapidly evolved into a prominent player in the electric vehicle (EV) and renewable energy sectors, with significant operations across Asia, Europe, and the Americas. The company is renowned for its innovative electric vehicles, batteries, and energy storage solutions, setting itself apart with cutting-edge technology and a commitment to sustainability. BYD's diverse product range includes electric buses, trucks, and passenger cars, which have garnered global recognition for their performance and efficiency. With a strong market position, BYD has achieved numerous milestones, including being one of the largest EV manufacturers worldwide. Its dedication to green technology and sustainable development continues to drive its success in the competitive automotive and energy markets.
DitchCarbon Score
How does BYD Company Limited'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.
Industry Average
Mean score of companies in the Motor Vehicle 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.
Industry Benchmark
BYD Company Limited's score of 24 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BYD Company Limited's reported carbon emissions
In 2023, BYD Company Limited reported total carbon emissions of approximately 12,341,455,000 kg CO2e, comprising about 931,916,000 kg CO2e from Scope 1 and about 11,409,539,000 kg CO2e from Scope 2 emissions. This represents a significant increase in emissions compared to 2022, where total emissions were about 8,061,970,000 kg CO2e, with Scope 1 at approximately 550,932,000 kg CO2e and Scope 2 at about 7,511,038,000 kg CO2e. In 2021, BYD's emissions were approximately 5,219,112,000 kg CO2e, with Scope 1 emissions at about 315,610,000 kg CO2e and Scope 2 at around 4,903,502,000 kg CO2e. The trend indicates a rise in emissions over the years, with 2020 emissions recorded at about 4,145,179,000 kg CO2e. Despite the increase in emissions, there are currently no publicly disclosed reduction targets or climate pledges from BYD. The company has not specified any initiatives under the Science Based Targets initiative (SBTi) or other reduction commitments. As a major player in the automotive and energy sectors, BYD's emissions and climate strategies are critical in the context of global efforts to mitigate climate change.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 199,406,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 3,945,773,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
| Scope 3 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
BYD Company Limited is not participating in any of the initiatives that 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.
