NIO Inc 2024 Sustainability Report
Company: NIO Inc
Sector: Manufacturing
Country: China
Year: 2024
Type: Sustainability Report
Pages: 155
The report describes NIO's first double-materiality assessment and a three-layer ESG governance structure led by the Board and its Nominating and ESG Committee. It reports 2024 Scope 1 emissions of 29,738.10 tCO2e, location-based Scope 2 emissions of 120,910.58 tCO2e, total energy consumption of 376,878.02 MWh and total water consumption of 1,075,215.34 m3. The company had 45,635 full-time employees at year-end and reported zero employee deaths at work, alongside global occupational health and safety rates. NIO also states that it joined SBTi and follows IFRS S2, while its quantified decarbonization targets were still being developed.
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