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.
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?
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 percent
2030
Reduced CO₂ emissions per car by 65-75 percent
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.
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 organizations, 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.
Explore our heritage