Sustainability
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.
Our ambitions
Net zero greenhouse gas emissions by 2040
Towards becoming a circular business by 2040
Improve and protect people's lives in our value chain and society
How to get there?
Fully electric by 2030
Today, all our cars have an electrified version. We plan to become a fully electric car company by 2030 – by then we want all our new cars to be pure electric. We’re all in.
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
Ambition: 50% sales to be pure electric models
2030
Plan: every new Volvo model to be pure electric
But electrification is not enough
We need to reduce all our direct and indirect emissions. So we're tackling CO₂ within our supply chain and operations – this includes embracing the circular economy.
Mid-decade milestones
-50%
Tailpipe emissions through electrification
-25%
Emissions from materials
-25%
Operational emissions
-40%
Total CO₂ reduction per car
We support the goals of the Paris Agreement
In 2019, The Science Based Targets initiative (SBTi)* approved our ambitious climate plan. According to SBTi, our emissions reduction targets are in line with the goals of the Paris Agreement to limit global warming to well below 2°C compared to pre-industrial levels. We're committed to reducing our impact on the planet and we know it'll take a global effort. So it's important to collaborate with other like-minded companies suppliers and organisations, to drive our own sustainability performance and change within our industry.
*SBTi is a collaboration between the Carbon Disclosure Project (CDP), the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).
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.
