Public Profile

Polestar

Polestar, officially known as Polestar Automotive Holding UK Limited, is a Swedish electric performance car manufacturer headquartered in Gothenburg, Sweden (SE). Founded in 2017, Polestar has quickly established itself in the automotive industry, focusing on high-performance electric vehicles (EVs) that combine sustainability with cutting-edge technology. The company operates primarily in Europe, North America, and Asia, offering a range of innovative models, including the Polestar 2 and Polestar 3. These vehicles are distinguished by their sleek design, advanced connectivity features, and commitment to carbon neutrality. Polestar has garnered attention for its unique approach to performance and sustainability, positioning itself as a leader in the electric vehicle market. With a strong emphasis on design and engineering excellence, Polestar continues to achieve significant milestones, contributing to the evolution of the automotive landscape.

DitchCarbon Score

How does Polestar'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.

35

Industry Average

Mean score of companies in the Motor Vehicle Retail Services 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.

1

Industry Benchmark

Polestar's score of 35 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Polestar's reported carbon emissions

In 2023, Polestar reported total carbon emissions of approximately 1,779,689,000 kg CO2e. This figure includes 198,000 kg CO2e from Scope 1 emissions, 10,234,000 kg CO2e from Scope 2 emissions, and a significant 1,769,258,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions primarily stem from purchased goods and services, which accounted for about 1,128,428,000 kg CO2e, and the use of sold products, contributing approximately 462,671,000 kg CO2e. In 2022, Polestar's total emissions were approximately 1,875,866,000 kg CO2e, with Scope 1 emissions at 470,000 kg CO2e, Scope 2 emissions at 7,570,000 kg CO2e, and Scope 3 emissions reaching about 1,866,766,000 kg CO2e. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Polestar's emissions intensity per sold car has improved, with figures of approximately 33,700 kg CO2e in 2023 and 37,100 kg CO2e in 2022, indicating a focus on enhancing sustainability in its production processes. The company is headquartered in Sweden (SE) and continues to align its operations with industry standards for climate action.

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2020202120222023
Scope 1
897,000
000,000
000,000
000,000
Scope 2
1,136,000
0,000,000
0,000,000
00,000,000
Scope 3
422,672,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Polestar's primary industry is Sale, maintenance, repair of motor vehicles, motor vehicles parts, motorcycles, motor cycles parts and accessoiries, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Polestar is headquartered in SE, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

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.

Polestar is not committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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