AB Volvo 2023 Annual Report with Sustainability Disclosures
Company: AB Volvo
Sector: Manufacturing
Country: Sweden
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 232
The report describes Volvo Group's strong 2023 performance, with net sales of SEK 553 billion and continued growth in vehicle and service sales. It reports validated SBTi targets and a net-zero value-chain ambition for 2040, alongside progress in electrification and decarbonization. The sustainability disclosures quantify Scope 1 and 2 emissions, Scope 3 use-phase emissions, total energy use and renewable energy share. Sustainability disclosures were subject to limited external assurance.
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