In 2023, Volvo Car Group reported a total of 294,000 ton CO₂e, and a net revenue of 52,125.65 M USD, resulting in a emissions intensity of 5.64 t CO₂e / M USD.
Base year:
2019
Target year:
2030
Reduction:
0.6
Classification:
1.5°C
Volvo Car Group commits to reduce absolute scope 1 and 2 GHG emissions 60% by 2030 from a 2019 base year.
Source: Science Based Target initative
Emissions, Revenue & Intensity
Emissions, Target & Trend
Emissions Overview | 2019 | 2022 | 2023 |
Total Emissions - Market Based (t CO₂e) | 381,000 | 323,000 | 294,000 |
---|---|---|---|
Emissions Intensity (t CO₂e / M USD) | 8.34 | 6.88 | 5.64 |
Cradle-to-gate Intensity (t CO₂e / M USD) | 8.34 | 6.88 | 5.64 |