Ranking
Comparison
% EV Sales
Total Score
Total Score
Fossil Free & Environment
Human Rights
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Summary
Geely further consolidated its position as the top performing East Asian automaker on fossil-free and environmentally sustainable this year, whilst also achieving the second largest score increase on human rights over the year. Whilst Geely still has a long way to go to become an industry leader on clean and equitable supply chains, the strong progress it has made to date provide solid foundations for the automaker to take more targeted action on specific supply chains like steel and aluminum, as well as on salient human rights issues like responsible sourcing of transition minerals and Indigenous Peoples’ rights.
Geely does not have to look far for inspiration on how to further strengthen its performance: it is the controlling shareholder of Volvo Cars and owns a large stake in Mercedes-Benz, two of the top performing automakers in the Leaderboard.
Key Findings
- Highest scoring East Asian automaker on fossil-free and environmentally sustainable supply chains, due to its work on scope 3 emissions, as well as its disclosure and targets on recycled steel and aluminum. Made additional progress in 2023 by applying a sustainability assessment to a significant majority of its tier 1 suppliers and developing closed-loop processes for steel and batteries.
- Falls behind industry peers when it comes to taking action on fossil-free steel and aluminum.
- Achieved the second largest score increase (16%) in the “General” human rights category of the Leaderboard, due to new supplier requirements on human rights and improved due diligence processes to audit suppliers for compliance with its code of conduct. This initial progress on supply chain due diligence should be strengthened with improved processes to identify and remedy salient human rights risks and impacts in its supply chain.
- A lack of commitments and action on responsible transition mineral sourcing, Indigenous rights and workers’ rights bring down Geely’s human rights score.
Score Breakdown
Fossil-Free & Environmentally Sustainable Supply Chains
Human Rights & Responsible Resourcing
Supply Chain News & Progress
Latest on Geely
Supply chain transformation is a risk management imperative and opportunity for a competitive edge. Leading brands are already securing a first-mover advantage and leveraging their power to transform legacy supply chains into a force for good. The revolution is underway.
Geely & Volvo-owned Polestar sets goal to produce climate-neutral car by 2030
Geely, together with Volvo, own a majority stake in the carmaker Polestar which has set an ambitious target of producing a completely climate neutral production car that fully eliminates greenhouse gases from production by 2030. Polestar has also partnered with Circulor to use blockchain technology to track a wide range of raw materials and achieve more sustainable supply chains. With the new partnership, Polestar and Circulor have set a progressive scope and ambition that aims to entail a range of raw materials, focusing on those with identified risks in either environmental and/or human rights, such as nickel, mica, manganese, graphite and lithium, amongst others.
Our Vision
01 — Equitably
Respecting and advancing the rights of Indigenous Peoples, workers, and local communities throughout the supply chain.
02 — Sustainably
Preserving and restoring environmental health and biodiversity across supply chains, while reducing primary resource demand through efficient resource use and increased recycled content.
03 — Fossil-free
100% electric and made with a fossil fuel-free supply chain.