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 49 is higher than 72% 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 2023, Geely reported total carbon emissions of approximately 100,262,464,000 kg CO2e. This figure includes Scope 1 emissions of about 127,437,000 kg CO2e, Scope 2 emissions of around 379,211,000 kg CO2e, and significant Scope 3 emissions totalling approximately 56,273,917,000 kg CO2e. Notably, the Scope 3 emissions include 42,874,713,000 kg CO2e from the use of sold products, highlighting the impact of their vehicles post-sale. Geely has set ambitious reduction targets, aiming for a 50% reduction in carbon emissions from manufacturing by 2025, applicable to both Scope 1 and Scope 2 emissions. Additionally, they are on track to achieve a 25% reduction in total carbon emissions by 2025, using 2020 as the baseline year. Furthermore, Geely aims for carbon neutrality by 2045, with a commitment to achieving zero carbon emissions across all stages of product design, manufacturing, automotive use, shared transport, and material recovery by 2050. These commitments reflect Geely's proactive approach to addressing climate change and reducing their carbon footprint in the automotive industry.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 75,971,950 | 000,000,000 | 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 | 000,000,000 |
| Scope 3 | - | - | - | - | 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.
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.
