Volvo Cars Aims To Be Carbon Neutral By 2040Posted on: October 17, 2019, by : Anindita Ghosh
Volvo Cars aims to reduce its lifecycle carbon footprint per car by 40 per cent between 2018 and 2025. This is in line with the company becoming a climate neutral company by 2040. The plan represents concrete actions in line with the global Paris climate agreement of 2015, which seeks to limit global warming to 1.5 degrees Celsius above pre-industrial levels. Volvo Cars’ 2040 ambitions is not just about tailpipe emissions or all-out electrification. It will also tackle carbon emissions in its manufacturing network, through its supply chain and through recycling and reuse of materials.
As a near term step towards its 2040 ambition, Volvo Cars is implementing a set of ambitious, immediate measures in its efforts to reduce the company’s lifecycle CO2 footprint per car by 40 per cent between 2018 and 2025. At that point in time, the company also aims for its global manufacturing network to be fully climate neutral.