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BYD Company Limited
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=== Environmental Factors: === Carbon Footprint and Climate Change: BYD has committed to being carbon neutral by increasing resources spent on carbon-neutral development and hopes to achieve carbon neutrality in its entire value chain<ref>[https://www.just-auto.com/data-insights/byd-net-zero-targets/ BYD Sets Net-Zero Target and Takes Steps to Reduce Emissions (just-auto.com)]</ref>. The company is investing in renewable energy projects, manufacturing energy-efficient vehicles, and developing new battery technologies. BYD continues to be one of the few automakers in China consistently meeting the yearly fuel consumption targets set by the government.<ref>[https://www.greenpeace.org/eastasia/press/7793/despite-beijings-net-zero-pledge-and-byds-success-chinas-big-carmakers-delay-decarbonization/ Despite Beijing’s net zero pledge and BYD’s success, China’s big carmakers delay decarbonization - Greenpeace East Asia]</ref> Waste Reduction and Recycling: BYD is working towards reducing waste and increasing recycling rates. It has introduced initiatives like the BYD Zero Waste program, which aims to achieve zero waste in its manufacturing facilities, and the BYD Battery Recycling program, which recycles used batteries from its electric vehicles. Sustainable Supply Chain: BYD aims to promote sustainability throughout its supply chain by encouraging suppliers to adopt environmentally responsible practices. The company focuses on responsible sourcing, reducing packaging waste, and optimizing transportation to minimize environmental impact.
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