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BYD Company Limited, commonly known as BYD, is a leading player in the motor vehicles, trailers, and semi-trailers industry, headquartered in China (CN). Founded in 1995, BYD has rapidly evolved into a global powerhouse, specialising in electric vehicles (EVs), batteries, and renewable energy solutions. The company operates extensively across Asia, Europe, and North America, positioning itself as a pioneer in sustainable transportation.
BYD's core offerings include electric buses, passenger cars, and energy storage systems, distinguished by their innovative technology and commitment to environmental sustainability. Notable achievements include being one of the largest manufacturers of electric vehicles worldwide, contributing significantly to the global shift towards greener mobility. With a strong market presence and a reputation for quality, BYD continues to shape the future of the automotive industry.
-2 vs industry average
BYD Company Limited’s score of 30 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Motor Vehicle Manufacturing is among the most carbon-intensive industries
The Motor Vehicle Manufacturing industry has reduced its overall emissions by 35% since 2018
Scope 3 accounts for ••• of total emissions.
BYD Company Limited (CN) projects its total carbon emissions to be approximately 152.28 billion kg CO2e in 2025. This includes about 1.54 billion kg CO2e from Scope 1, approximately 10.72 billion kg CO2e from Scope 2, and about 140.01 billion kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions in 2025 are the use of sold products (approximately 89.5 billion kg CO2e) and purchased goods and services (approximately 42.94 billion kg CO2e).
In 2024, BYD reported total emissions of approximately 13.43 billion kg CO2e, with Scope 1 emissions at about 1.54 billion kg CO2e, Scope 2 at approximately 8.56 billion kg CO2e, and Scope 3 at about 3.33 billion kg CO2e. This marks a significant increase in Scope 3 reporting for 2025 compared to 2024, where data for categories like 'purchased goods and services' was not disclosed.
Looking back, in 2023, the company's Scope 1 emissions were approximately 931.92 million kg CO2e and Scope 2 emissions were about 11.41 billion kg CO2e. For 2022, Scope 1 emissions were around 550.93 million kg CO2e, and Scope 2 emissions were about 7.51 billion kg CO2e. In 2021, these figures were approximately 315.61 million kg CO2e for Scope 1 and about 4.90 billion kg CO2e for Scope 2. In 2020, Scope 1 emissions were about 199.41 million kg CO2e and Scope 2 emissions were approximately 3.95 billion kg CO2e.
BYD Company Limited has committed to reducing its carbon emission intensity by 50% by 2030, using 2023 as the baseline year. This target covers all scopes of emissions.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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