Beijing Automotive Group (BAIC) (北京汽车集团有限公司)
Known for Changhe, BBAC
Beijing Automotive Group (BAIC) is a fully state-owned company headquartered in Beijing, China. In 2020, it had USD 26 billion group revenue and produced 145 ,000 light duty vehicles. The company has business activities that could help its future low-carbon transition. However, its current performance in reducing scope 1, 2 and 3 emissions are not sufficient to transition under the 1.5°C pathway.
- Ranking position
- #14 /30
- Total score
- 39.0 /100
- Performance score
- 5.4 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Risks and opportunities
Trend
BAIC receives a trend score of = . If the company were reassessed in the near future, its score would likely remain the same. BAIC is projected to exceed its 1.5°C scope 3 carbon budget for 2020-2025 by 14%. The current efforts in new energy vehicles sales and internal combustion engine vehicles efficiency performance are not aligned with its 1.5°C pathway. It has invested in charging services and stations, which might lay foundations for it to improve sale shares of new energy vehicles.
Progress towards the Paris Agreement
Just Transition Assessment
In this report, we present five key thematic findings showing how 180 companies can increase their ambition towards a transition to a low-carbon future that is just and equitable for the people and communities at risk of being affected by it.
More about the company
- Headquarters
- Beijing, China
- Revenue (2020)
- USD 25.6 billion
- Ownership
- State-owned
- Number of vehicles sold (2020)
- 601,225
- Website
- http://www.baicmotor.com/en/index.html
