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.
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.
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.
BYD Company Limited's score of 12 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, BYD Company Limited reported total carbon emissions of approximately 12,341,455,000 kg CO2e, comprising 931,916,000 kg CO2e from Scope 1 and 11,409,539,000 kg CO2e from Scope 2 emissions. This marks a significant increase from 2022, where total emissions were about 8,061,970,000 kg CO2e, with Scope 1 emissions at 550,932,000 kg CO2e and Scope 2 emissions at 7,511,038,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Notably, BYD has not set specific reduction targets or climate pledges, which may limit its accountability in addressing climate change. Overall, BYD's emissions data reflects its operational scale and highlights the need for enhanced climate commitments to align with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 199,406,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 3,945,773,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
Scope 3 | - | - | - | - |
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.