Ranking
Comparison
% EV Sales
Total Score
Total Score
Fossil Free & Environment
Human Rights
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Summary
Volvo has rapidly grown its EV production in recent years and continues to be the industry leader on fossil-free steel and aluminum. However, compared to other automakers, Volvo has made relatively little progress overall this year – resulting in the automaker slipping out of the top three. Volvo’s top score on fossil-free and environmentally sustainable has now been matched by Mercedes, while its marginal progress on human rights and responsible sourcing leaves Volvo lagging behind several competitors.
Key Findings
- Continues to be the highest scorer on fossil-free and environmentally sustainable supply chains, but the gap between the second highest scorer, Mercedes, has been reduced to less than 1%.
- Continues to be the industry leader on fossil-free steel and aluminum due to its closed loop processes, recycling targets, advance purchase agreements and participation in the multi-stakeholder initiatives SteelZero and First Movers Coalition.
- Has a decent human rights performance, but is brought down by its 0% score on Indigenous rights.
Score Breakdown
Fossil-Free & Environmentally Sustainable Supply Chains
Human Rights & Responsible Resourcing
Supply Chain News & Progress
Latest on Volvo
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.
Volvo to issue world’s first EV battery passport
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.