Volvo
With the strongest climate and environment supply chain policies and practices of all the automakers, Volvo received a total score of 38% for this category. Compared to its competitors, the company excels on fossil-free and environmentally responsible steel and aluminum, receiving the highest scores of the industry for each of these indicators. But, Volvo could be doing much more if it wants to remain an industry leader on clean and sustainable supply chains. Disappointingly, its much lower human rights score stands in stark contrast to its climate and environment performance.
Ranking
3 of 18
EV sales 2022
108,411
Source: EV-VolumesKey Takeaways
Industry leader on fossil-free and environmentally responsible steel and aluminum: has developed strong targets and applied supply chain levers to increase recycled content of these metals, and to incentivize greater production and investment in fossil-free steel and aluminum
While not production-wide, Volvo has published lifecycle analyses with disaggretaed supply chain emissions of their C40 and XC40 models, including steel, aluminum, and battery modules
Weaker performance on batteries, scoring 18% in this category
Has made decent progress on policies and measures for human rights due diligence but less on responsible mineral sourcing
Scored 0% on Indigenous Peoples’ rights
Inadequate policies in place to ensure the respect of workers’ rights in its supply chain, scoring 16% in this category
Score Breakdown
Fossil-free & Environmentally Sustainable Supply Chains
Disclosure
25%
Target-setting and progress
29%
Use of supply chain levers
25%
Disclosure
0%
Target-setting and progress
42%
Use of supply chain levers
90%
Disclosure
0%
Target-setting and progress
58%
Use of supply chain levers
36%
Disclosure
0%
Target-setting and progress
17%
Use of supply chain levers
18%
* InfluenceMap scores were applied as a multiplier to the total Fossil-free & Environmentally Sustainable Supply Chains score. See methodology for further details.
Human Rights & Responsible Sourcing
commit
100%
identify
33%
Prevent, Mitigate & Account
65%
remedy
16%
commit
50%
identify
56%
Prevent, Mitigate & Account
36%
remedy
0%
commit
0%
identify
0%
Prevent, Mitigate & Account
0%
remedy
0%
commit
50%
identify
0%
Prevent, Mitigate & Account
27%
remedy
0%
Latest Supply Chain News On Volvo
Geely & Volvo-owned Polestar sets goal to produce climate-neutral car by 2030
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.