Zhejiang Geely Holding Group, commonly known as Geely, is a prominent automotive manufacturer headquartered in China (CN). Founded in 1986, Geely has evolved into a global player in the automotive industry, with significant operations across Asia, Europe, and beyond. The company is renowned for its diverse portfolio, which includes passenger vehicles, commercial trucks, and electric vehicles, showcasing a commitment to innovation and sustainability. Geely's core products, such as the Geely Emgrand and the Lynk & Co series, stand out for their advanced technology and design, appealing to a broad consumer base. Over the years, Geely has achieved notable milestones, including strategic acquisitions like Volvo Cars and a stake in Daimler AG, solidifying its position as a leader in the global automotive market. With a focus on quality and cutting-edge engineering, Geely continues to drive forward in an ever-evolving industry landscape.
How does Zhejiang Geely Holding Group'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.
Mean score of companies in the Other 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.
Zhejiang Geely Holding Group's score of 6 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Zhejiang Geely Holding Group reported total carbon emissions of approximately 102,723,687,000 kg CO2e. This figure includes Scope 1 emissions of about 249,291,000 kg CO2e, Scope 2 emissions of around 655,705,000 kg CO2e, and significant Scope 3 emissions totalling approximately 101,818,690,000 kg CO2e. Comparatively, in 2021, the company’s total emissions were about 103,475,922,000 kg CO2e, with Scope 1 emissions at approximately 263,159,000 kg CO2e, Scope 2 emissions at around 867,943,000 kg CO2e, and Scope 3 emissions reaching about 102,344,820,000 kg CO2e. This indicates a slight reduction in total emissions from 2021 to 2022. Despite these figures, there are currently no publicly disclosed reduction targets or climate pledges from Geely, which suggests a need for more defined commitments in line with industry standards for climate action. The company operates within a sector that is increasingly focused on reducing carbon footprints, highlighting the importance of establishing clear sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | |
---|---|---|
Scope 1 | 263,159,000 | 000,000,000 |
Scope 2 | 867,943,000 | 000,000,000 |
Scope 3 | 102,344,820,000 | 000,000,000,000 |
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.
Zhejiang Geely Holding Group is not committed to any 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.