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 36 is higher than 89% 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, comprising 127,437,000 kg CO2e from Scope 1, 379,211,000 kg CO2e from Scope 2, and 56,273,917,000 kg CO2e from Scope 3 emissions. This marks a significant increase in emissions compared to previous years, with 2022 emissions at about 88,455,601,000 kg CO2e and 2021 at approximately 88,647,715,000 kg CO2e. Geely has disclosed emissions data for Scope 1, 2, and 3, indicating a comprehensive approach to tracking its carbon footprint. However, the company has not set specific reduction targets or initiatives as part of its climate commitments, which may limit its ability to effectively address its emissions in the long term. The company has reported life-cycle carbon emissions per vehicle, with figures of approximately 33,700 kg CO2e in 2023 and 35,200 kg CO2e in 2022, suggesting a focus on improving vehicle efficiency. Despite the lack of formal reduction targets, Geely's ongoing emissions reporting reflects an awareness of its environmental impact and a commitment to transparency in its operations.
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 participating in any of the initiatives that 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.