BYD

HKEX: 121152Mixed / Improving· Provisional

0 followersEV Maker·Shenzhen, China·Founded 1995

www.byd.com

Chinese EV and battery manufacturer — the world's largest NEV seller — producing only battery-electric and plug-in hybrid vehicles after halting pure-ICE production in 2022.

52/100

Mixed / Improving· Provisional

ClimateTicker Green Score · how it's calculated

Greenwashing risk: mediumData confidence: high

Why it's on ClimateTicker

BYD is the world's largest NEV seller and a genuine force in transport decarbonisation — having halted pure-ICE production in 2022 and selling over 4.27 million battery-electric and plug-in hybrid vehicles in 2024. Its core business unambiguously displaces fossil-fuel transport, but this is substantially offset by serious, documented labour-rights controversies, weak upstream Scope 3 disclosure, and climate targets that remain unvalidated by SBTi. The company is a real climate enabler at the product level, but investors should not mistake volume and marketing ambition for institutional ESG maturity.

mitigationBYD generates revenue by designing, manufacturing, and selling battery-electric and plug-in hybrid passenger vehicles, commercial EVs (buses, trucks), and energy-storage and solar systems globally; it is vertically integrated across battery cells, packs, and vehicle assembly.

Commitments & Certifications

CDP: Not confirmed — no CDP disclosure score found in public search results ↗other: Self-reported; GRI-aligned ESG report published annually ↗SBTi: Not validated — targets set internally, SBTi validation absent as of mid-2025 ↗

Controversy & Greenwashing Watch

mediumChangsha Factory Pollution — Children's Health Complaints

BYD's Changsha factory faced allegations of damaging pollution, with approximately 600 children near the factory reportedly suffering repeated nosebleeds.source ↗

highHungary Factory Forced Labour Allegations (China Labour Watch)

China Labour Watch documented alleged forced-labour conditions at BYD's Szeged, Hungary factory, citing tangled subcontracting that obscured legal responsibility, and reported a Chinese worker's death on site in February 2025.source ↗

highBrazil Factory 'Slavery-Like' Labour Conditions

Brazilian authorities found 163 Chinese workers in degrading conditions at BYD's Camaçari construction site in December 2024; prosecutors sued BYD for human trafficking in May 2025, and Brazil placed BYD on its official forced-labour employer registry in April 2026.source ↗

highAmnesty International: Worst-in-Class Human Rights Due Diligence

Amnesty International ranked BYD among the worst EV manufacturers for human-rights due diligence in battery mineral supply chains, noting its human-rights policy only appeared in July 2024 with no adequate traceability or remediation systems.source ↗

highUyghur Forced Labour Risk in Aluminium Supply Chain

Human Rights Watch identified BYD as one of five carmakers of particular concern for potential Uyghur forced-labour exposure in aluminium supply chains, and BYD refused to respond to HRW's questions about supply chain mapping.source ↗

highUyghur Forced Labour Risk in Battery Supply Chain (NGO report)

An NGO report alleged in February 2024 that BYD is linked to Uyghur forced labour through ownership structures and strategic partnerships in battery production.source ↗

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