Volvo Cars

Automobile Manufacturers
VOLCAR-B.ST
SEK 51 (2.8)%
Share price
$ 13 bn
Market Cap
$ 13 bn
Enterprise Value

Carbon footprint

9.4 Ton
GHG emissions per $ 1 mln investment
0.24x the weighted average for S&P 500
FY2021
How is this calculated?
-34%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-2.8%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Volvo Cars aims to reduce Scope 1 + 2 by 60% by 2030 from a base year 2019


1.5°C/Well-below 2°C
Volvo Cars's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Volvo Cars's GHG emissions (market-based) (Kt of CO2e)
Volvo Cars's Carbon intensity (Tons per 1 USDm)

Volvo Cars's carbon footprint

Volvo Cars reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 122 Kt (-63 /-34.1% y-o-y). At the same time, carbon intensity .

Volvo Cars's Scope 3 emissions was down at 31,498 Kt (-1,911 /-5.7% y-o-y). This is broadly in line with the declining trend (CAGR -5.8%) since 4Q'19.

The company is committed to reducing Scope 1 + 2 by 60% by 2030 from a base year 2019, which translates into the estimated reduction of -3.4 Kt per annum over the period of FY2022 - FY2030. This target has beeen submitted to SBTi.

Company environmental metrics

Show more...