Geely Automobile Holdings Limited

Geely Automobile Holdings Limited, headquartered in HK and operating in the Motor Vehicles, Trailers and Semi-Trailers industry, has set ambitious climate commitments.

In 2023, the company reported total emissions of approximately 56.78 billion kg CO2e. This included Scope 1 emissions of approximately 127.44 million kg CO2e, Scope 2 emissions of approximately 379.21 million kg CO2e, and Scope 3 emissions of approximately 56.27 billion kg CO2e. Key categories within Scope 3 included use of sold products at approximately 42.87 billion kg CO2e, purchased goods and services at approximately 12.26 billion kg CO2e, and upstream transportation and distribution at approximately 1.12 billion kg CO2e.

Looking back, Geely Automobile Holdings Limited's total emissions were approximately 50.42 billion kg CO2e in 2022 and approximately 49.49 billion kg CO2e in 2021. For 2024, only partial Scope 3 data is available, with downstream transportation and distribution reported at approximately 1.15 billion kg CO2e.

Geely Automobile Holdings Limited is committed to achieving carbon neutrality by 2045. The company also aims to reduce carbon emissions in manufacturing (Scope 1 and 2) by 50% by 2025, using a 2020 baseline. Furthermore, a target has been set to reduce lifecycle carbon emissions per vehicle by over 25% by 2025, also with a 2020 baseline, and by over 68% by 2035 to align with a 1.5°C pathway. The company is also targeting a 30%+ reduction in GHG emissions intensity for Scope 3 (use of sold products) and average tailpipe carbon emissions intensity by 2025. Geely Automobile Holdings Limited has committed to Science Based Targets (SBTi) for net-zero emissions.