Volvo Car AB 2022 IR
The report highlights Volvo Car Group's acceleration of its strategic journey in 2022 despite supply chain constraints and rising inflation. Key achievements included the global reveal of the all-electric Volvo EX90 SUV and the decision to fully exit internal combustion engine development by divesting its stake in Aurobay. The company also announced a joint venture with Northvolt to establish a battery plant in Gothenburg and plans for a new climate-neutral electric car plant in Slovakia. Financially, Volvo Cars achieved an all-time high revenue of SEK 330.1 billion, with fully electric vehicles reaching 11 percent of total sales.
Company: Volvo Car AB
Sector: Consumer Discretionary
Country: Sweden
Year: 2022
Type: IR
Pages: 205
Volvo Car AB
Annual And Sustainability Report
The report highlights Volvo Car Group's acceleration of its strategic journey in 2022 despite supply chain constraints and rising inflation. Key achievements included the global reveal of the all-electric Volvo EX90 SUV and the decision to fully exit internal combustion engine development by divesting its stake in Aurobay. The company also announced a joint venture with Northvolt to establish a battery plant in Gothenburg and plans for a new climate-neutral electric car plant in Slovakia. Financially, Volvo Cars achieved an all-time high revenue of SEK 330.1 billion, with fully electric vehicles reaching 11 percent of total sales.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees