Tencent

Tencent's reported carbon emissions

Tencent, a company in the Radio, television and communication equipment and apparatus industry (CN), reported total greenhouse gas (GHG) emissions of approximately 6.06 billion kg CO2e for the year 2024. This figure is composed of approximately 121.46 million kg CO2e of Scope 1 emissions, 2.86 billion kg CO2e of Scope 2 emissions, and 3.07 billion kg CO2e of Scope 3 emissions. In 2023, Tencent's total GHG emissions were approximately 5.79 billion kg CO2e, comprising 275.37 million kg CO2e of Scope 1 emissions, 2.56 billion kg CO2e of Scope 2 emissions, and 2.96 billion kg CO2e of Scope 3 emissions. The company's Scope 3 emissions for 2025 are projected to be approximately 17.73 billion kg CO2e. Tencent has set ambitious climate commitments, aiming for carbon neutrality across its operations and supply chains by 2030. This includes a target to switch its electricity supply to 100% green or renewable energy where feasible. Specifically, Tencent has committed to a 70% reduction in absolute Scope 1 and Scope 2 emissions and a 30% reduction in absolute Scope 3 emissions by 2030, using a 2021 base year. Furthermore, the company is committed to achieving net-zero GHG emissions across its value chain by 2050, with a long-term target to reduce absolute Scope 1, 2, and 3 GHG emissions by 90% by 2050 from the 2021 baseline. Tencent is also working towards increasing its sourcing of renewable electricity from 2% in 2021 to 100% by 2030.