Overview

We aim to be pioneers in protecting people and the planet by working towards net zero, embracing the circular economy and improving people's lives.

Side profile shot of a woman in a blue hoodie jacket stood beside a white Volvo.

Our ambitions

  • Cloud with CO₂ symbol

    Climate action

    Net zero greenhouse gas emissions by 2040

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  • Circular arrows around a box

    Circular economy

    Towards becoming a circular business by 2040

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  • Balance scale icon

    Responsible business

    Improve and protect people's lives in our value chain and society

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A man plugging a wall charger into a grey Volvo XC40 that’s parked by a charging station

How to get there?

Committed to full electrification.

Our long-term investment plan and product strategy is geared towards fully electric cars.

2017

First established car company to announce all-in electrification

2019

All models available in an electrified version

2023

Launches of EX90, EX30 and EM90 make 5 fully-electric models (also XC40 and C40)

2025

Reduced CO₂ emissions per car by 30-35 per cent​

2030

Reduced CO₂ emissions per car by 65-75 per cent

A woman on a black sofa using a laptop
An elderly gentleman shown holding a spark plug.

A heritage of sustainability

We have worked to reduce our environmental impact over many years. Discover some of the actions we have taken to date.

Explore our heritage

Explore our range