BYD has officially published its 2024 Sustainable Development Report, marking a significant step in elevating its Environmental, Social, and Governance (ESG) initiatives to a strategic corporate priority. To oversee these efforts, a dedicated ESG committee has been formed, and a Chief Sustainable Development Officer has been appointed. The report introduces the "DREAMS" development philosophy, setting an ambitious interim goal of reducing carbon emission intensity by 50% by 2030 and committing to achieving carbon neutrality across the entire value chain by 2045.
BYD has achieved impressive milestones in green and low-carbon initiatives, social responsibility, and technological innovation. The company's electric vehicles have collectively traveled over 150 billion kilometers on pure electric power, signifying a substantial reduction in emissions. Additionally, BYD has invested 54.2 billion yuan in research and development, resulting in nearly 60,000 patent applications. These investments underscore BYD's commitment to driving technological advancement.
Beyond environmental achievements, BYD has also launched several public welfare programs aimed at supporting education and employee development. These initiatives reflect the company's deep-seated commitment to societal well-being.
Looking ahead, BYD remains steadfast in its mission to harness technological innovation to propel the realization of sustainable development goals. The company is poised to continue leading the way in fostering a more sustainable and equitable future.
