Zhejiang Geely Holding Group
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Zhejiang Geely Holding Group's score of 23 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Zhejiang Geely Holding Group's reported carbon emissions
In 2022, Zhejiang Geely Holding Group reported total carbon emissions of approximately 102,723,687,000 kg CO2e, which included 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. The company has set ambitious targets to reduce lifecycle carbon emissions per vehicle by more than 25% from a 2020 baseline, with a deadline of 2025. This commitment applies to both Scope 1 and Scope 2 emissions. For 2023, Geely's reported revenue was approximately 70,319,297,215 USD, with a GHG emissions intensity of 1000.0 kg CO2e per unit of revenue. The life-cycle carbon emissions per vehicle were reported at about 0.03367 kg CO2e per km. In 2024, the revenue increased to approximately 78,752,932,814 USD, maintaining the same GHG emissions intensity and a life-cycle carbon emissions per vehicle of about 0.03136 kg CO2e per km. Geely's emissions data is not cascaded from any parent company, indicating that the figures are independently reported. The company is actively working towards its climate commitments, focusing on significant reductions in vehicle lifecycle emissions as part of its sustainability strategy.
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| 2021 | 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 |
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.
Zhejiang Geely Holding Group 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.
