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 lower than 55% 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 15,392,515,460 kg CO2e, comprising 1,539,251,460 kg CO2e from Scope 1 and 8,562,574,740 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions included about 159,354,310 kg CO2e from employee commuting and approximately 3,166,958,180 kg CO2e from fuel and energy-related activities. For the previous year, 2023, BYD's emissions were approximately 9,319,160,000 kg CO2e for Scope 1 and about 11,409,539,000 kg CO2e for Scope 2, with no reported Scope 3 emissions. In 2022, the company emitted around 550,932,000 kg CO2e (Scope 1) and 7,511,038,000 kg CO2e (Scope 2), again with no Scope 3 data disclosed. BYD has not set specific reduction targets or climate pledges, and there are no initiatives reported under the Science Based Targets initiative (SBTi) or other climate frameworks. The company’s emissions data is not cascaded from any parent organization, indicating that all reported figures are directly from BYD Company Limited. Overall, BYD's emissions reflect significant operational activity, and while the company has not established formal reduction commitments, its emissions profile is critical in the context of global climate efforts.
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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.
