Polestar

Polestar, a Swedish-based electric vehicle manufacturer, is actively engaged in reducing its carbon footprint. For the reporting year 2024, Polestar reported a total of approximately 1.55 billion kg CO2e across all scopes. Scope 3 emissions constituted the largest portion, amounting to about 1.53 billion kg CO2e. Within Scope 3, purchased goods and services were the most significant contributor, totalling approximately 1.01 billion kg CO2e, followed by the use of sold products at about 333.6 million kg CO2e. Scope 2 emissions, using market-based accounting, were approximately 22.8 million kg CO2e. Scope 1 emissions were significantly lower, at about 48,000 kg CO2e.

The company has set an ambitious climate roadmap aiming to reduce its greenhouse gas (GHG) emissions by 50% per vehicle sold by 2030, using 2020 as the base year. This target encompasses all scopes of emissions.

In the preceding years, Polestar's total emissions were approximately 1.86 billion kg CO2e in 2023 and approximately 1.89 billion kg CO2e in 2022, showing a reduction in total emissions from 2023 to 2024. For 2023, Scope 3 emissions were approximately 1.77 billion kg CO2e, with purchased goods and services accounting for about 1.13 billion kg CO2e. Scope 1 and 2 emissions in 2023 were around 19.8 million kg CO2e and 10.2 million kg CO2e respectively.

In 2022, total emissions were approximately 1.89 billion kg CO2e, with Scope 3 emissions at about 1.87 billion kg CO2e, primarily driven by purchased goods and services (around 1.23 billion kg CO2e). Scope 1 emissions were approximately 470,000 kg CO2e and Scope 2 emissions were about 8.6 million kg CO2e.

Polestar's commitment extends to transparency, as evidenced by its detailed reporting and the disclosure of specific emission categories within its Scope 3 reporting, including upstream transportation and distribution, and end-of-life treatment of sold products. The company's overall sustainability efforts aim to align with industry-wide climate goals.