Tencent Sustainability Profile
Tencent Holdings Limited, commonly referred to as Tencent, is a leading Chinese multinational conglomerate headquartered in Shenzhen, CN. Founded in 1998, Tencent has established itself as a dominant player in the technology and entertainment sectors, with significant operations across Asia and beyond. The company is renowned for its diverse portfolio, which includes social media platforms like WeChat and QQ, online gaming through Tencent Games, and digital payment services via WeChat Pay. These offerings are distinguished by their integration of social networking and e-commerce, creating a unique user experience. With a strong market position, Tencent is one of the largest video game companies globally and a key player in the digital economy, consistently achieving notable milestones in innovation and user engagement.
DitchCarbon Score
How does Tencent'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 Communication Equipment 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
Tencent's score of 81 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tencent's reported carbon emissions
In 2024, Tencent Holdings Limited, headquartered in China (CN), reported total carbon emissions of approximately 6,056,610,100 kg CO2e. This figure includes 121,466,000 kg CO2e from Scope 1 emissions, 2,863,848,700 kg CO2e from Scope 2, and 3,071,295,400 kg CO2e from Scope 3 emissions. In comparison, the previous year, 2023, saw total emissions of about 5,793,823,700 kg CO2e, with Scope 1 at 275,373,500 kg CO2e, Scope 2 at 2,561,328,300 kg CO2e, and Scope 3 at 2,957,122,000 kg CO2e. Tencent has set ambitious climate commitments, aiming for carbon neutrality across its operations and supply chains by 2030. The company plans to achieve a 70% reduction in absolute Scope 1 and 2 emissions and a 30% reduction in absolute Scope 3 emissions from a 2021 baseline by 2030. Additionally, Tencent is committed to transitioning to 100% renewable energy for its electricity supply where feasible. Long-term, Tencent aims to reduce its total greenhouse gas emissions by 90% by 2050, also from a 2021 base year. These targets align with the Science Based Targets initiative (SBTi) and reflect Tencent's commitment to sustainable practices in the software and services sector.
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| 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,591,070 | 0,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 712,761,820 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Tencent's Industry?
How Carbon Intensive is Tencent's Location?
Tencent's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tencent has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Tencent's sustainability data and climate commitments