Volvo Car Corporation
Volvo Car Corporation, commonly referred to as Volvo Cars, is a renowned automotive manufacturer headquartered in Gothenburg, Sweden (SE). Established in 1927, the company has a rich history marked by significant milestones, including its pioneering safety innovations and commitment to sustainability. Operating primarily in Europe, North America, and Asia, Volvo Cars focuses on the design and production of premium vehicles, including sedans, SUVs, and electric models. The brand is distinguished by its emphasis on safety, quality, and environmental care, with a vision to become a fully electric car manufacturer by 2030. Volvo Cars has consistently maintained a strong market position, recognised for its advanced safety features and cutting-edge technology. With a legacy of excellence, Volvo continues to lead the automotive industry towards a more sustainable future.
DitchCarbon Score
How does Volvo Car Corporation'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 Manufacturing 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
Volvo Car Corporation's score of 74 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Volvo Car Corporation, headquartered in Sweden (SE), currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Volvo Car AB (publ.), which may influence its climate commitments and reporting. Despite the absence of detailed emissions figures, Volvo Car Corporation is committed to sustainability and has inherited various climate initiatives from its parent company, Volvo Car AB (publ.). These initiatives include targets set under the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which are cascaded from the parent organisation. Volvo Car Corporation is focused on reducing its carbon footprint and aligning with industry standards for climate action. The company is actively working towards ambitious climate goals, although specific reduction targets or achievements have not been disclosed at this time. In summary, while specific emissions data is not available, Volvo Car Corporation is part of a broader commitment to sustainability through its relationship with Volvo Car AB (publ.), which includes adherence to recognised climate initiatives and targets.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 111,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 131,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 42,347,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Volvo Car Corporation is not participating in any 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.
