Geely
Geely Automobile Holdings Limited, commonly known as Geely, is a prominent Chinese automotive manufacturer headquartered in Hangzhou, Zhejiang Province. Founded in 1986, Geely has evolved from a small refrigerator manufacturer into a major player in the global automotive industry, with significant operations across Asia, Europe, and North America. Specialising in the design, manufacturing, and sale of vehicles, Geely offers a diverse range of products, including sedans, SUVs, and electric vehicles. The company is recognised for its innovative approach to automotive technology and commitment to sustainability, setting it apart in a competitive market. Geely has achieved notable milestones, such as acquiring Volvo Cars and establishing a strategic partnership with Daimler AG, enhancing its market position and global reach. With a focus on quality and advanced engineering, Geely continues to strengthen its reputation as a leader in the automotive sector.
DitchCarbon Score
How does Geely's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicles industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Geely's score of 36 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Geely's reported carbon emissions
In 2023, Geely's total carbon emissions reached approximately 100.3 million tonnes CO2e, with emissions distributed across various scopes: 127,437 tonnes CO2e from Scope 1, 379,211 tonnes CO2e from Scope 2, and about 56.3 million tonnes CO2e from Scope 3. The Scope 3 emissions primarily stemmed from the use of sold products, accounting for around 42.9 million tonnes CO2e. Geely has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi), which Geely joined in 2022. The company has set a baseline year of 2023 for its emissions reduction efforts, aiming to implement significant sustainability measures throughout its operations. In recent years, Geely has demonstrated a proactive approach to reducing its carbon footprint, with a total of approximately 88.5 million tonnes CO2e emitted in 2022, indicating a focus on improving efficiency and sustainability in its manufacturing processes. The company continues to explore innovative solutions to lower emissions, particularly in vehicle production and lifecycle management.
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Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 141,100,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 418,180,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Geely is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
