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Motor Vehicle Retail Services
SE
updated 2 months ago

Polestar Sustainability Profile

Company website

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.

74

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.

32

Industry Benchmark

Polestar's score of 74 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

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Polestar's reported carbon emissions

In 2024, Polestar reported total carbon emissions of approximately 1,550,778,000 kg CO2e. This includes Scope 1 emissions of about 48,000 kg CO2e, Scope 2 emissions of approximately 22,818,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 1,527,912,000 kg CO2e. The latter includes emissions from purchased goods and services (about 1,011,054,000 kg CO2e) and the use of sold products (approximately 333,627,000 kg CO2e). In 2023, Polestar's total emissions were about 1,856,786,000 kg CO2e, with Scope 1 emissions at 198,000 kg CO2e, Scope 2 emissions of approximately 10,234,000 kg CO2e (market-based), and Scope 3 emissions reaching around 1,769,258,000 kg CO2e. The company has set a target to reduce greenhouse gas emissions by 50% per vehicle sold by 2030, using 2020 as the baseline year. This commitment reflects Polestar's dedication to sustainability and aligns with industry standards for climate action. Polestar's emissions data is not cascaded from any parent company, ensuring that the figures are specific to its operations. The company is headquartered in Sweden (SE) and continues to focus on reducing its carbon footprint through various initiatives.

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20202021202220232024
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

How Carbon Intensive is Polestar's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Polestar's primary industry is Motor Vehicle Retail Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Polestar's Location?

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. This request for Polestar is in SE, which has a very low grid carbon intensity relative to other regions.

Polestar's Scope 3 Categories Breakdown

Polestar's Scope 3 emissions, which decreased by 14% last year and increased by approximately 261% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 66% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
66%
Use of Sold Products
22%
Upstream Transportation & Distribution
8%
End-of-Life Treatment of Sold Products
3%
Business Travel
<1%
Fuel and Energy Related Activities
<1%
Franchises
<1%
Employee Commuting
<1%
Waste Generated in Operations
<1%

Polestar's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Polestar has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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