Geely
Geely Automobile Holdings Limited, commonly known as Geely, is a prominent player in the global automotive industry, headquartered in China (CN). Founded in 1986, Geely has evolved from a small refrigerator manufacturer to a major automotive manufacturer, with significant operations across Asia, Europe, and beyond. The company is renowned for its diverse range of vehicles, including sedans, SUVs, and electric models, which are distinguished by their innovative design and advanced technology. Geely's commitment to sustainability and electric mobility positions it as a forward-thinking leader in the automotive sector. With strategic acquisitions, including the purchase of Volvo Cars and a stake in Daimler AG, Geely has solidified its market position, achieving notable milestones in production and sales. As a result, Geely continues to expand its influence in the global automotive landscape, driving advancements in vehicle technology and eco-friendly solutions.
DitchCarbon Score
How does Geely'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
Geely's score of 45 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Geely's reported carbon emissions
In 2024, Geely reported total carbon emissions of approximately 68,252,917,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 67,652,981,000 kg CO2e. Scope 1 emissions were about 170,646,000 kg CO2e, while Scope 2 emissions totalled approximately 429,291,000 kg CO2e (market-based). In 2023, the total emissions were about 56,780,564,000 kg CO2e, with Scope 3 emissions at approximately 56,273,917,000 kg CO2e, Scope 1 at about 127,437,000 kg CO2e, and Scope 2 at approximately 379,211,000 kg CO2e (market-based). Geely has set ambitious climate commitments, aiming to reduce total carbon emissions by 25% across Scope 1, 2, and 3 by 2025, using 2020 as the baseline. Additionally, the company is on track to achieve carbon neutrality by 2045. Specific targets include a 30% reduction in Scope 1 and Scope 2 emissions by 2025, and a 40% reduction in CO2 emissions over the life cycle of each vehicle produced by Volvo Cars, a subsidiary, between 2018 and 2025. Geely's long-term vision includes achieving zero carbon emissions across all stages of product design, manufacturing, automotive use, shared transport, and material recovery by 2050. The company is actively working towards these goals, demonstrating a commitment to sustainability and climate action.
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| 2016 | 2017 | 2018 | 2020 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 75,971,950 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 246,066,020 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 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.
Geely 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.
