Global environmental non-profit CDP has recognized Volvo Cars for its sustainability efforts. The Swedish car maker secured an A-score for its actions aimed at cutting emissions, mitigating climate risks, and becoming a climate-neutral company.
This recognition places Volvo Cars in the highest tier of CDP’s climate change list. More than 13,000 companies participated by disclosing data on their environmental impacts, risks, and opportunities, and Volvo Cars’ high score reflects its position as a leader in environmental ambition and climate action.
“We are very proud to see that our hard work to cut emissions and becoming climate neutral is being recognized by CDP,” said Anders Kärrberg, head of global sustainability at Volvo Cars. “Receiving the prestigious A-score shows that we are on the right track, and hopefully, we can inspire other companies to do even more.”
Volvo Cars aims to become a fully electric car maker by 2030 and plans to roll out a whole new family of pure electric cars in coming years. This is part of its ambition to become a climate-neutral company by 2040, as it works to consistently cut carbon emissions across its business.
The company seeks to reduce the lifecycle carbon footprint per average car by 40 percent between 2018 and 2025, including reducing carbon emissions in its supply chain by 25 percent by 2025.
For 2022, Volvo Philippines is coming out with a range of vehicles powered by Volvo’s new B6 engine. The new S90, XC60, and XC90 variants are powered by a four-cylinder 2.0-liter turbocharged engine connected to a 48-volt hybrid system. At its heart is the Integrated Starter Generator that churns out an additional kick of power on top of its 295hp and 420Nm of torque. The combined fuel consumption is also enhanced with only 9.9L/100km.