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 76 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Polestar's reported carbon emissions
In 2023, Polestar reported total carbon emissions of approximately 1,779,689,000 kg CO2e. This figure includes Scope 1 emissions of about 198,000 kg CO2e, Scope 2 emissions (market-based) of approximately 10,234,000 kg CO2e, and significant Scope 3 emissions totalling around 1,769,258,000 kg CO2e. Over the years, Polestar has demonstrated a commitment to reducing greenhouse gas emissions. The company aims to achieve a 50% reduction in emissions per vehicle sold by 2030, using 2020 as the baseline year. This ambitious target encompasses all scopes of emissions, reflecting Polestar's dedication to sustainability and climate action. In 2022, Polestar's total emissions were about 1,875,866,000 kg CO2e, with Scope 1 emissions at approximately 470,000 kg CO2e and Scope 2 emissions around 7,570,000 kg CO2e. The Scope 3 emissions for that year were significant, reaching approximately 1,866,766,000 kg CO2e. The company's emissions data indicates a trend of increasing emissions alongside revenue growth, highlighting the challenges faced in balancing production demands with sustainability goals. Polestar's climate roadmap and reduction initiatives position it as a proactive player in the automotive industry's transition towards lower carbon 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 participating in some of the initiatives that 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.
