Geely Automobile Holdings Limited

Geely Automobile Holdings Limited (HK) reports its climate performance within the motor vehicles, trailers and semi-trailers (34) industry.

For the 2023 reporting year, Geely’s total emissions were approximately 56.78 billion kg CO2e. This total comprised:

• Scope 1: Approximately 127.43 million kg CO2e.
• Scope 2: Approximately 379.21 million kg CO2e.
• Scope 3: Approximately 56.27 billion kg CO2e, with the largest category being the use of sold products (approximately 42.87 billion kg CO2e), followed by purchased goods and services (approximately 12.26 billion kg CO2e).

In 2022, the company reported total emissions of approximately 50.42 billion kg CO2e, with Scope 1 at approximately 145.56 million kg CO2e, Scope 2 at approximately 455.55 million kg CO2e, and Scope 3 at approximately 49.82 billion kg CO2e.

For 2021, total emissions were approximately 49.49 billion kg CO2e, including Scope 1 emissions of approximately 164.17 million kg CO2e, Scope 2 emissions of approximately 529.09 million kg CO2e, and Scope 3 emissions of approximately 48.79 billion kg CO2e.

Geely has established several climate commitments and reduction targets:

• Carbon Neutrality: The company aims to achieve carbon neutrality by 2045.
• Manufacturing Emissions Reduction: Geely has set a target to reduce carbon emissions in manufacturing by 50% by 2025, using 2020 as a baseline.
• Scope 3 Emissions Intensity: A near-term target is to reduce GHG emissions intensity for the use of sold products and average tailpipe carbon emissions intensity by over 30% by 2025.
• Lifecycle Emissions: Geely is targeting a reduction of over 25% in lifecycle carbon emissions per vehicle by 2025, with 2020 as the baseline.

Geely Automobile Holdings Limited is committed to net-zero emissions by 2050, with a 1.5°C aligned pathway.