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 88% 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 approximately 379,211,000 kg CO2e, and Scope 3 emissions reaching around 56,273,917,000 kg CO2e. This marks a significant increase in total emissions compared to previous years, reflecting the company's expanding operations. Geely has disclosed emissions data for Scopes 1, 2, and 3, but there are currently no specific reduction targets or initiatives outlined in their climate commitments. The company has not set Science-Based Targets Initiative (SBTi) reduction targets or documented any formal climate pledges. Despite the lack of defined reduction goals, Geely is actively monitoring its emissions and has reported on the life-cycle carbon emissions per vehicle, which stood at approximately 33,700 kg CO2e in 2023. The company continues to focus on improving its emissions intensity and overall sustainability practices as part of its corporate responsibility efforts.
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.