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 25 is lower than 51% 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 2024, BYD Company Limited reported total carbon emissions of approximately 13,428,138,690 kg CO2e. This figure includes Scope 1 emissions of about 1,539,251,460 kg CO2e, Scope 2 emissions of around 8,562,574,740 kg CO2e, and Scope 3 emissions totalling approximately 3,326,312,490 kg CO2e. The combined Scope 1 and 2 emissions amounted to about 10,101,826,200 kg CO2e. In 2023, BYD's total emissions were approximately 12,341,455,000 kg CO2e, with Scope 1 emissions at about 931,916,000 kg CO2e and Scope 2 emissions reaching approximately 11,409,539,000 kg CO2e. The total for Scope 1 and 2 was equal to the total emissions for that year. For 2022, the company reported total emissions of about 8,061,970,000 kg CO2e, with Scope 1 emissions of approximately 550,932,000 kg CO2e and Scope 2 emissions of around 7,511,038,000 kg CO2e. BYD has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The company does not appear to have cascaded emissions data from any parent organisation, and all reported figures are directly from BYD Company Limited. The absence of significant reduction targets suggests a need for further commitment to climate action within the industry context.
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| 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 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.
