Geely Automobile Holdings Limited, commonly known as Geely, is a prominent player in the global automotive industry, headquartered in China (CN). Founded in 1986, Geely has evolved from a small refrigerator manufacturer to a major automotive manufacturer, with significant operations across Asia, Europe, and beyond. The company is renowned for its diverse range of vehicles, including sedans, SUVs, and electric models, which are distinguished by their innovative design and advanced technology. Geely's commitment to sustainability and electric mobility positions it as a forward-thinking leader in the automotive sector. With strategic acquisitions, including the purchase of Volvo Cars and a stake in Daimler AG, Geely has solidified its market position, achieving notable milestones in production and sales. As a result, Geely continues to expand its influence in the global automotive landscape, driving advancements in vehicle technology and eco-friendly solutions.
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.
Mean score of companies in the Motor Vehicle Manufacturing 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.
Geely's score of 31 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Geely reported total carbon emissions of approximately 100,262,464,000 kg CO2e, with Scope 1 emissions at about 127,437,000 kg CO2e, Scope 2 emissions at around 379,211,000 kg CO2e, and Scope 3 emissions reaching approximately 56,273,917,000 kg CO2e. This reflects a significant commitment to transparency in their emissions reporting, covering all three scopes. Over the years, Geely has shown a trend in emissions, with total emissions in 2022 at about 88,455,601,000 kg CO2e, and in 2021 at approximately 88,647,715,000 kg CO2e. The company has not set specific reduction targets or initiatives as part of their climate commitments, indicating a potential area for future development in their sustainability strategy. Geely's emissions intensity per vehicle has been reported at approximately 33,700 kg CO2e in 2023, down from about 35,200 kg CO2e in 2022. This suggests a gradual improvement in their operational efficiency and a commitment to reducing the carbon footprint associated with their vehicle production. Overall, while Geely has made strides in emissions reporting and intensity reduction, the absence of formal reduction targets highlights an opportunity for the company to enhance its climate commitments in alignment with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 75,971,950 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 246,066,020 | 000,000,000 | 000,000,000 | 000,000,000 | 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 |
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 not committed to any 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.