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 77 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 reported total carbon emissions of approximately 6,056,610,100 kg CO2e, with emissions distributed across various scopes: 121,466,000 kg CO2e (Scope 1), 2,863,848,700 kg CO2e (Scope 2), and 3,071,295,400 kg CO2e (Scope 3). This marked an increase from 2023, where total emissions were about 5,793,823,700 kg CO2e, comprising 275,373,500 kg CO2e (Scope 1), 2,561,328,300 kg CO2e (Scope 2), and 2,957,122,000 kg CO2e (Scope 3). 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 sourcing 100% renewable electricity where feasible by 2030. These targets align with the Science Based Targets initiative (SBTi), which recognises Tencent's commitment to reduce its absolute Scope 1 and 2 GHG emissions by 70% and Scope 3 emissions by 30% by 2030. Furthermore, Tencent aims to reduce its overall GHG emissions by 90% by 2050, reinforcing its long-term sustainability goals. Overall, Tencent's emissions data and climate commitments reflect a proactive approach to addressing climate change, with a clear roadmap towards significant reductions in greenhouse gas emissions.
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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.
