TikTok’s Chinese owner ByteDance aims for carbon net-zero by 2030, still trails peers in disclosures
- Company says it will reduce emissions by at least 90 per cent, source electricity from renewable sources and use carbon offsets
- ByteDance has not yet publicly disclosed its greenhouse-gas emissions data or energy-usage data
ByteDance, the Chinese owner of short-video app TikTok, announced on Tuesday that it aims to become carbon neutral in its corporate operations by 2030.
To achieve the goal, the Beijing-based company aims to reduce operational emissions by at least 90 per cent, source 100 per cent of its electricity from renewable sources and address the remaining balance through carbon offsets, it said in a statement.
ByteDance will also work on reducing emissions within its value chain and plans to disclose more on its approach by the end of this year, the statement said.
In addition to owning TikTok and its Chinese version Douyin, ByteDance also owns and operates a variety of online platforms including news app Toutiao and remote-work app Lark. It also offers cloud services and operates data centres globally.
“We are mindful of our impact both on and offline,” the company said. “A meaningful sustainability approach is good for business, our communities and the world around us.”
