Geely Automobile Holdings Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2020, 2016

In its 2023 reporting, Geely Automobile Holdings Limited disclosed greenhouse gas emissions of 33.7 tCO2e/vehicle (2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
33.7 tCO2e/vehicle (2023)
2023
⚡
Renewable Energy
33% (2023)
of total energy
💧
Water Usage
2.7 tonnes/vehicle (2023)
2023
♻️
Waste
133.6K tons (non-hazardous) 13819 tons (hazardous) (2023)
2023

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202333.7 tCO2e/vehicle (2023)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce lifecycle carbon emissions per vehicle by 25% by 2025 (vs. 2020 baseline)
  • Achieve 100% renewable electricity in vehicle plants by 2025
  • Reduce carbon emissions by 50% in manufacturing by 2025 (vs. 2020 baseline)
  • Reduce supply chain carbon emissions by 20% on average by 2025
  • Reach 30% or more female directors by 2025

🔭 Long-term

  • Achieve carbon neutrality by 2045

🌱 ESG Focus Areas

Climate NeutralityNature PositiveAll-round SafetyDigitalization & InnovationCo-ProsperityGovernance and Ethics

⚠️ Challenges & Risks +

  • Fierce market competition in China
  • Accelerating development of NEVs and intelligent vehicles
  • Supply chain ESG risk management
  • Inability of suppliers to comply with ESG requirements
  • Significant ESG issues of suppliers affecting business continuity and supply
  • Climate change and carbon emissions
  • Shortage of natural resources
  • Automotive product safety issues
  • Changes in consumer preferences
  • Reputation being affected if carbon reduction targets are not achieved

📋 Report Information

Reporting Period: 2023
Frameworks: HKEX ESG Reporting Guide, GRI Standards, IFRS S1, IFRS S2, SASB Standards, TCFD, UNGC
Assurance: HKQAA