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 27 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Zhejiang Geely Holding Group's reported carbon emissions
In 2023, Zhejiang Geely Holding Group reported total carbon emissions of approximately 56,780,564,000 kg CO2e. This figure represents a notable increase from the previous year, 2022, when emissions were about 50,416,466,000 kg CO2e. The emissions breakdown for 2022 included Scope 1 emissions of approximately 249,291,000 kg CO2e, Scope 2 emissions of about 655,705,000 kg CO2e, and a significant Scope 3 total of approximately 101,818,690,000 kg CO2e. In 2021, the company recorded total emissions of around 49,486,715,000 kg CO2e, with Scope 1 emissions at approximately 263,159,000 kg CO2e, Scope 2 at about 867,943,000 kg CO2e, and Scope 3 emissions reaching approximately 102,344,820,000 kg CO2e. Despite the increase in total emissions in 2023, there are currently no publicly disclosed reduction targets or initiatives from Geely, including those aligned with the Science Based Targets initiative (SBTi). The company has not specified any climate pledges or commitments to reduce its carbon footprint. Geely's life-cycle carbon emissions per vehicle were reported at approximately 33,700 kg CO2e in 2023, down from about 37,300 kg CO2e in 2021, indicating a focus on improving vehicle efficiency. As the automotive industry increasingly prioritises sustainability, Geely's future commitments and strategies will be crucial in addressing its carbon emissions and aligning with global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 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.
