GlobalData offers a comprehensive analysis of Geely Automobile Holdings, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Geely Automobile Holdings’s ESG performance. GlobalData’s company profile on Geely Automobile Holdings offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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Geely Automobile Holdings, a leading automotive company, has set a target for net zero by 2050 as part of its commitment to addressing climate change. In 2022, the company disclosed scope 1 emissions totaling 145,563 tCO2e, scope 2 emissions amounting to 455,550 tCO2e, and scope 3 emissions reaching 49,815,353 tCO2e. In the short term, the company has set a target to decrease the lifecycle carbon emissions per vehicle by over 25% by 2025, using 2020 as the baseline. Looking ahead, the long-term goal is to achieve carbon neutrality by 2045. The current progress indicates a reduction of 8% in lifecycle carbon emissions per vehicle compared to the established baseline.
The company acknowledges the importance of addressing climate change and has implemented measures to reduce its emissions. These measures include implementing policies to identify and mitigate significant climate-related issues, as well as setting emissions targets and taking actions to achieve them. The company has also invested in technologies and practices to reduce energy consumption and improve energy efficiency. The company is actively working towards reducing its emissions and addressing climate change. The company's commitment to sustainability is evident through its focus on material topics related to the environment, such as energy consumption, waste management, and supplier environmental assessment.
In conclusion, Geely Automobile Holdings has set net-zero targets and is taking steps to reduce its carbon and GHG emissions. The company's commitment to sustainability and addressing climate change is evident through its policies, actions, and focus on environmental topics. As a leading automotive company, Geely's efforts in emission reduction are crucial in contributing to global efforts to combat climate change.
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