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 23 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 931,916,000 kg CO2e from Scope 1 and 11,409,539,000 kg CO2e from Scope 2 emissions. The company has also disclosed Scope 3 emissions, which total about 3,326,312,490 kg CO2e, including significant contributions from employee commuting and purchased goods and services. In 2024, BYD's emissions increased to approximately 15,392,514,600 kg CO2e, with Scope 1 emissions at 1,539,251,460 kg CO2e, Scope 2 emissions at 8,562,574,740 kg CO2e, and Scope 3 emissions at 3,326,312,490 kg CO2e. This indicates a growing operational footprint as the company expands. Despite these figures, BYD has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi) for emissions reduction. The absence of documented reduction targets suggests a need for clearer climate commitments in line with industry standards. Overall, BYD's emissions data reflects the challenges faced by large manufacturers in balancing growth with sustainability, highlighting the importance of establishing robust climate strategies moving forward.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 199,406,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 3,945,773,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 |
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 committed to any 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.
