Geely Sustainability Profile
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.
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 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.
Industry Benchmark
Geely's score of 47 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Geely's reported carbon emissions
In 2024, Geely reported total carbon emissions of approximately 68,253,917,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 67,652,981,000 kg CO2e. Scope 1 emissions were approximately 170,646,000 kg CO2e, while Scope 2 emissions totalled about 429,291,000 kg CO2e (market-based). In 2023, the total emissions were about 56,780,564,000 kg CO2e, with Scope 1 at approximately 127,437,000 kg CO2e, Scope 2 at about 379,211,000 kg CO2e, and Scope 3 at around 56,273,917,000 kg CO2e. Geely has set ambitious climate commitments, aiming to reduce total carbon emissions by 25% by 2025 from a 2020 baseline, and to achieve carbon neutrality by 2045. Additionally, they are targeting a 40% reduction in CO2 emissions over the life cycle of each vehicle by 2025, as part of their commitment to sustainable energy. The company also aims for net zero emissions across all scopes by 2030, with specific targets to reduce Scope 1 and Scope 2 emissions by 30% from the 2020 baseline by 2025. Geely's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. The company is actively working towards integrating sustainability into its operations and product lifecycle, reflecting a strong commitment to addressing climate change.
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| 2016 | 2017 | 2018 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 75,971,950 | 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 |
| Scope 3 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Geely's Industry?
How Carbon Intensive is Geely's Location?
Geely's Scope 3 Categories Breakdown
Geely's Scope 3 emissions, which increased by 20% last year and increased by approximately 36% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 75% of Scope 3 emissions.
Top Scope 3 Categories
Geely's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Geely has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
