Développement durable
“If we are to reach our goals, we need to embrace the circular economy.”
Vanessa Butani, Head of Sustainability
A circular Volvo Cars?
Aiming towards circularity by 2040 means we need to act now. And becoming more circular is both good for the planet and our business and means generating more circular revenue to support the decoupling of revenue and primary resource use. We've already begun by mapping out how, by 2025, we can save costs of SEK 1 billion through circular initiatives. And there's a lot more to come. Watch this film to see what circular means for our future.
99%
of all waste either reused or recycled
50%
average per-car reduction in water use in own operations
35%
recycled content in new car models
More remanufacturing
Compared to producing new parts, remanufactured parts use around 85 per cent less raw material and 80 per cent less energy. We currently remanufacture 36 different component groups, including engines, gearboxes, turbo compressors and clutches. In 2022 we saved over 4,800 tonnes of CO₂ by remanufacturing over 33,000 parts.
Less production waste
In 2022, 94 per cent of our global production waste was recycled – so we avoided creating additional carbon emissions and were able to keep valuable material in circulation. By 2030, we're aiming for at least 99 per cent of all our waste to be either reused or recycled.