BYD Company Limited, commonly known as BYD, is a leading Chinese manufacturer headquartered in Shenzhen, Guangdong. Founded in 1995, BYD has established itself as a key 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 advanced technology and sustainability. BYD's commitment to green energy has positioned it as a frontrunner in the global transition to electric mobility, achieving notable milestones such as becoming the world's largest electric bus manufacturer. With a strong market presence and a diverse product portfolio, BYD continues to drive advancements in the automotive and energy industries, solidifying its reputation as a pioneer in sustainable transportation and energy solutions.
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 22 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, BYD reported total carbon emissions of approximately 8.06 million tonnes CO2e, comprising about 0.55 million tonnes CO2e from Scope 1 emissions and about 7.51 million tonnes CO2e from Scope 2 emissions. This marked an increase from 2021, when emissions totalled around 5.22 million tonnes CO2e, with Scope 1 emissions at about 0.32 million tonnes CO2e and Scope 2 emissions at approximately 4.90 million tonnes CO2e. In 2020, BYD's emissions were about 4.15 million tonnes CO2e, with Scope 1 at around 0.20 million tonnes CO2e and Scope 2 at about 3.95 million tonnes CO2e. BYD has committed to achieving net-zero emissions across all scopes by 2050, with a start year of 2023 for their long-term reduction initiatives. This commitment aligns with the Science Based Targets initiative (SBTi), indicating a strategic approach to reducing their carbon footprint in the electrical equipment and machinery sector. The company is actively working towards these targets, reflecting a growing emphasis on sustainability and climate responsibility within the industry.
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.