Volvo Group

Sustainability Report and Carbon Intensity Rankings

Is Volvo Group doing their part?

Their DitchCarbon score is 59

Volvo Group has a DitchCarbon Score of 59 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which measures the greenhouse gas emissions relative to its activity. A higher score would signify a lower carbon intensity and a stronger commitment to reducing emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Volvo Group is part of the services sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

The Volvo Group, located in Sweden, benefits from the country’s very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing the carbon footprint associated with its operations.
15.15%

...this company is doing 15.15% better in emissions than the industry average.

Founded in 1927 and headquartered in Gothenburg, the Volvo Group is a global powerhouse in the automotive and equipment industry. It specializes in the manufacturing of trucks, buses, construction equipment, and marine and industrial engines. Additionally, the company offers comprehensive solutions for financing and service, operating with approximately 95,000 employees and extending its market reach to over 190 countries.

Good news, Volvo Group has set solid SBTi commitments

Volvo Group has established targets to significantly reduce greenhouse gas emissions from their operations, aligning with the ambitious goal of limiting global warming to 1.5°C. This commitment involves a comprehensive strategy to decrease emissions across all areas of their business, including direct and indirect operational impacts.

There’s always room for improvement,

DitchCarbon recommends...

Volvo Group should undertake a thorough inventory of all Scope 1 emissions sources to identify and mitigate direct greenhouse gas emissions, potentially reducing their emissions by 15%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.