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.
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.
Industry Benchmark
Polestar's score of 66 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 (market-based), and a significant 1,769,258,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by purchased goods and services, which accounted for about 1,128,428,000 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. This indicates a slight reduction in total emissions from 2022 to 2023. Polestar has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments. However, the company is actively engaged in sustainability efforts, aiming to reduce its carbon footprint through various operational improvements and innovations in electric vehicle technology. The absence of formal reduction targets suggests a focus on ongoing assessment and adaptation of their strategies to enhance sustainability. Overall, Polestar's emissions data reflects the challenges faced by the automotive industry in reducing carbon emissions, particularly in Scope 3 categories, which often represent the largest share of total emissions.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 897,000 | 000,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | 1,136,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 422,672,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions 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 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.
