BYD Company Limited

BYD Company Limited (CN), a major player in the motor vehicles, trailers and semi-trailers industry, has set an ambitious climate target. The company aims to reduce its carbon emission intensity by 50% by 2030, using 2023 as its baseline year.

For the reporting year 2025, BYD Company Limited reported total greenhouse gas emissions of approximately 152.3 billion kg CO2e. This comprised Scope 1 emissions of about 1.5 billion kg CO2e, Scope 2 emissions of approximately 10.7 billion kg CO2e, and a significant portion from Scope 3 emissions, totalling around 140 billion kg CO2e. Within Scope 3, the use of sold products was the largest contributor, at approximately 89.5 billion kg CO2e, followed by purchased goods and services at about 42.9 billion kg CO2e.

In 2024, BYD Company Limited's total emissions were approximately 13.4 billion kg CO2e. This included Scope 1 emissions of about 1.5 billion kg CO2e, Scope 2 emissions of approximately 8.6 billion kg CO2e, and Scope 3 emissions of about 3.3 billion kg CO2e.

For 2023, the company reported total emissions of approximately 12.3 billion kg CO2e, with Scope 1 emissions at about 0.9 billion kg CO2e and Scope 2 emissions at approximately 11.4 billion kg CO2e. Scope 3 emissions were not disclosed for this year.

Earlier reporting years show:

• 2022: Scope 1 emissions were approximately 550.9 million kg CO2e, and Scope 2 emissions were about 7.5 billion kg CO2e. Scope 3 was not disclosed.
• 2021: Scope 1 emissions were approximately 315.6 million kg CO2e, and Scope 2 emissions were about 4.9 billion kg CO2e. Scope 3 was not disclosed.
• 2020: Scope 1 emissions were about 199.4 million kg CO2e, and Scope 2 emissions were approximately 3.9 billion kg CO2e. Scope 3 was not disclosed.

BYD Company Limited's commitment to reducing its environmental impact is underscored by these detailed emissions reporting and its clear, near-term intensity reduction target.