Beijing Momo Technology Co., Ltd.
Beijing Momo Technology Co., Ltd., commonly referred to as Momo, is a leading player in the technology sector, headquartered in Beijing, China. Founded in 2011, the company has rapidly expanded its operations across major regions in Asia, establishing a strong presence in the social networking and mobile internet industries. Momo is renowned for its innovative social media platforms and mobile applications, which facilitate seamless communication and connection among users. The company’s flagship product, the Momo app, stands out for its unique blend of social networking features and real-time interaction capabilities, catering to a diverse user base. With a commitment to technological advancement, Momo has achieved significant milestones, including a successful IPO in 2014. Today, it holds a prominent market position, recognised for its user-centric approach and continuous innovation in the digital landscape.
DitchCarbon Score
How does Beijing Momo Technology Co., Ltd.'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 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
Beijing Momo Technology Co., Ltd.'s score of 15 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Beijing Momo Technology Co., Ltd.'s reported carbon emissions
In 2023, Beijing Momo Technology Co., Ltd. reported total carbon emissions of approximately 1,432,127,540 kg CO2e. This figure includes Scope 1 emissions of about 1,815,700 kg CO2e, Scope 2 emissions of approximately 13,534,710 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 1,416,777,130 kg CO2e. Within Scope 3, the largest categories were purchased goods and services at about 1,329,323,670 kg CO2e and upstream transportation and distribution at approximately 42,632,770 kg CO2e. Comparatively, in 2022, the company’s total emissions were about 1,539,044,620 kg CO2e, with Scope 1 at approximately 1,595,480 kg CO2e, Scope 2 at around 13,240,450 kg CO2e, and Scope 3 emissions reaching about 1,524,208,690 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. In 2021, the total emissions were significantly lower at approximately 9,974,640 kg CO2e, with Scope 1 emissions of about 384,990 kg CO2e and Scope 2 emissions of around 7,384,910 kg CO2e. The Scope 3 emissions for that year were approximately 2,204,740 kg CO2e. Despite these figures, Beijing Momo Technology Co., Ltd. has not set specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organisation, indicating that these figures are independently reported. Overall, while the company has shown a decrease in emissions from 2022 to 2023, the lack of formal reduction commitments suggests an area for potential improvement in their climate strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 384,990 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,384,910 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,204,740 | 0,000,000,000 | 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.
Beijing Momo Technology Co., Ltd. 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.
