Geely Automobile Holdings Limited, commonly referred to as Geely, is a prominent player in the global automotive industry, headquartered in Hong Kong. Founded in 1986, the company has evolved from a small refrigerator manufacturer to a leading automotive manufacturer, with significant operations across Asia, Europe, and beyond. Geely's core business areas include the design, manufacturing, and sale of a diverse range of vehicles, including sedans, SUVs, and electric vehicles. The company is renowned for its innovative approach to automotive technology, particularly in the realm of sustainable mobility solutions. Notable achievements include strategic acquisitions, such as Volvo Cars and a stake in Daimler AG, which have bolstered its market position. With a commitment to quality and cutting-edge design, Geely continues to expand its footprint in the automotive sector, making it a key player in the transition towards electric and smart vehicles.
How does Geely Automobile Holdings Limited'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 Automobile Holdings Limited's score of 15 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Geely Automobile Holdings Limited, headquartered in Hong Kong, has made significant commitments towards achieving net-zero carbon emissions across all scopes by 2050. Although specific emissions data for the most recent year is not available, the company is actively engaged in climate initiatives, having committed to the Science Based Targets initiative (SBTi) for long-term carbon reduction. Geely's net-zero commitment, established in 2023, reflects its dedication to addressing climate change within the automotive sector. The company is a member of the BA1.5 initiative, which underscores its alignment with global climate goals. While no specific reduction targets or absolute emissions figures are provided, Geely's commitment to net-zero emissions indicates a proactive approach to reducing its carbon footprint and enhancing sustainability in its operations. As the automotive industry increasingly focuses on reducing greenhouse gas emissions, Geely's long-term strategy positions it as a forward-thinking player in the transition towards a more sustainable future.
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 Automobile Holdings Limited is committed to some 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.