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 28 is higher than 77% 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 15,392,514.6 kg CO2e, comprising 1,539,251.5 kg CO2e from Scope 1 and 8,562,574.7 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions were recorded at about 3,326,312.5 kg CO2e, with significant contributions from employee commuting and purchased goods and services. In the previous year, 2023, BYD's total emissions were about 12,341,455.0 kg CO2e, with Scope 1 emissions at 931,916.0 kg CO2e and Scope 2 emissions at 11,409,539.0 kg CO2e. This indicates a notable increase in emissions from 2023 to 2024. BYD has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, the company continues to report emissions across Scopes 1, 2, and 3, reflecting a comprehensive approach to understanding and managing their carbon footprint. The absence of defined reduction targets suggests a potential area for future commitment in line with industry standards for climate action.
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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.
