Volvo Car AB 2019 Annual Report with Sustainability Disclosures
Company: Volvo Car AB
Sector: Manufacturing
Country: Sweden
Year: 2019
Type: Annual Report with Sustainability Disclosures
Pages: 150
The report describes Volvo Cars' 2019 launch of its first fully electric car, the XC40 Recharge, alongside a strategy to become climate-neutral by 2040 and reduce lifecycle carbon footprint per car by 40 per cent by 2025. It also highlights a 25% supply-chain emissions reduction goal and blockchain-based cobalt traceability. Sustainability governance is organized through the Board's People and Sustainability Committee, Executive Management Team and Global Sustainability Office.
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