BYD Company Limited, commonly known as BYD, is a leading Chinese multinational headquartered in Shenzhen, CN. Founded in 1995, BYD has established itself as a prominent player in the electric vehicle (EV) and renewable energy sectors, with significant operations across Asia, Europe, and North America. The company is renowned for its innovative electric vehicles, batteries, and energy storage solutions, which are distinguished by their advanced technology and sustainability focus. BYD's commitment to green energy has positioned it as a key contributor to the global transition towards cleaner transportation. With numerous accolades, including being one of the largest EV manufacturers in the world, BYD continues to drive advancements in the automotive industry, making strides in both passenger and commercial vehicle markets. Its dedication to quality and innovation solidifies its status as a market leader in the electric mobility landscape.
How does Byd'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 Business Services 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.
Byd's score of 7 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, BYD's total carbon emissions amounted to approximately 8,061,970,000 kg CO2e, comprising 550,932,000 kg CO2e from Scope 1 and 7,511,038,000 kg CO2e from Scope 2 emissions. This represented a significant increase from 2021, where emissions totalled about 5,219,112,000 kg CO2e, with Scope 1 emissions at 315,610,000 kg CO2e and Scope 2 emissions at 4,903,502,000 kg CO2e. In 2020, the company reported total emissions of around 4,145,179,000 kg CO2e, with Scope 1 at 199,406,000 kg CO2e and Scope 2 at 3,945,773,000 kg CO2e. BYD has committed to achieving net-zero emissions across all scopes by 2050, with a long-term target set to start in 2023. This commitment aligns with the Science Based Targets initiative (SBTi), indicating a proactive approach to climate action. The company is focused on reducing its carbon footprint while continuing to expand its operations in the electrical equipment and machinery sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 199,406,000 | 000,000,000 | 000,000,000 |
Scope 2 | 3,945,773,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | - | - | - |
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 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.