Annual And Sustainability Report

Overview

The report describes Volvo Group's 2021 performance during its transition toward fossil-free transport and infrastructure. It reports validated science-based targets and a commitment to reach net-zero across the value chain by 2040. Total calculated emissions from Scope 3 use of sold products were 286 million tons in 2021, down from 323 million tons in 2019. The report also discloses limited assurance over Energy and Emissions and SBTi-related activities.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2021
Period: 1 January 2021 – 31 December 2021
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
SBTi status

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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