Volvo Car AB 2024 IR
The report highlights Volvo Car Group's performance in 2024, achieving record retail sales of 763,389 cars, an 8 percent increase from the previous year, driven by a 54 percent growth in fully electric vehicle sales. The company successfully produced its last-ever diesel-powered car, marking a significant milestone in its transition to full electrification. Additionally, Volvo Cars introduced its new Superset tech stack with the launch of the fully electric EX90 SUV and achieved a 26 percent reduction in CO2 emissions per car compared to a 2018 baseline. The company also launched the Volvo For Life Fund to support global social and environmental initiatives.
Company: Volvo Car AB
Sector: Consumer Discretionary
Country: Sweden
Year: 2024
Type: IR
Pages: 227
Volvo Car AB
Annual And Sustainability Report
The report highlights Volvo Car Group's performance in 2024, achieving record retail sales of 763,389 cars, an 8 percent increase from the previous year, driven by a 54 percent growth in fully electric vehicle sales. The company successfully produced its last-ever diesel-powered car, marking a significant milestone in its transition to full electrification. Additionally, Volvo Cars introduced its new Superset tech stack with the launch of the fully electric EX90 SUV and achieved a 26 percent reduction in CO2 emissions per car compared to a 2018 baseline. The company also launched the Volvo For Life Fund to support global social and environmental initiatives.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees