BYD Company Limited
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
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.
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BYD Company Limited's reported carbon emissions
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 emissions and 11,409,539,000 kg CO2e from Scope 2 emissions. This represents a significant increase from 2022, where total emissions were about 8,061,970,000 kg CO2e, with Scope 1 at 550,932,000 kg CO2e and Scope 2 at 7,511,038,000 kg CO2e. Over the past few years, BYD has shown a trend of increasing emissions, with 2021 emissions at approximately 5,219,112,000 kg CO2e and 2020 emissions at about 4,145,179,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, nor has it set specific reduction targets or climate pledges through initiatives such as the Science Based Targets initiative (SBTi). BYD's emissions data is not cascaded from any parent organisation, indicating that the figures are solely representative of its own operations. The company continues to focus on its core business of electric vehicles and renewable energy solutions, which are integral to its long-term climate strategy.
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| 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 | - | - | - | - |
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.
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.
