Tencent
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 85 is higher than 100% 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 reported total greenhouse gas emissions of approximately 6,056,610,100 kg CO2e, comprising 121,466,000 kg CO2e from Scope 1, 2,863,848,700 kg CO2e from Scope 2, and 3,071,295,400 kg CO2e from Scope 3 emissions. This marked an increase from 2023, where emissions were 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 to achieve a 70% reduction in absolute Scope 1 and 2 emissions by 2030, using 2021 as the baseline year. Additionally, the company plans to increase its annual sourcing of renewable electricity from 2% in 2021 to 100% by 2030. For Scope 3 emissions, Tencent targets a 30% reduction within the same timeframe. Furthermore, Tencent has committed to reaching net-zero greenhouse gas emissions across its value chain by 2050, with a long-term goal of reducing total emissions (Scopes 1, 2, and 3) by 90% from the 2021 baseline by 2050. These initiatives align with industry standards for climate action and demonstrate Tencent's commitment to sustainability and reducing its carbon footprint.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 3,756,480 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 926,675,800 | 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 |
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.
Tencent is participating in some 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.
