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Report Data

Company

Volvo Car Group

2023
Quick facts
294,000
Emissions (ton CO₂e)
52,125.65
Revenue (M USD)
5.64
Intensity (t CO₂e / M USD)

Ambition & Development

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.

Targets

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.

Emissions, Revenue & Intensity

201920222023050,000100,000150,000200,000250,000300,000350,000400,000t CO₂05,00010,00015,00020,00025,00030,00035,00040,00045,00050,00055,000M USD

Emissions, Target & Trend

201920202021202220232024202520262027202820292030050,000100,000150,000200,000250,000300,000350,000400,000t CO₂
Revenue201920222023
Net Revenue (M USD)45,703.4846,969.1252,125.65
Revenue Source
Emissions Overview201920222023
Total Emissions - Market Based (t CO₂e)381,000323,000294,000
Emissions Intensity (t CO₂e / M USD)8.346.885.64
Cradle-to-gate Intensity (t CO₂e / M USD)
Emissions Details201920222023
Scope 1255,000244,000228,000
Scope 2
Scope 2 - Location Based220,000180,000170,000
Scope 2 - Market Based126,00079,00066,000
Scope 2 - Not specified
Scope 3
Upstream Emissions
1. Purchased goods and services
2. Capital goods
3. Fuel- and energy-related activities
4. Upstream transportation and distribution
5. Waste generated in operations
6. Business travel
7. Employee commuting
8. Upstream leased assets
Downstream Emissions
9. Downstream transportation and distribution
10. Processing of sold products
11. Use of sold products323,000,000287,000,000266,000,000
12. End-of-life treatment of sold products
13. Downstream leased assets
14. Franchises
15. Investments
Total Emissions381,000323,000294,000
Emission Source
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