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Environmental Footprint

We will set Science Based Targets during 2021 covering all relevant emissions, from production as well as customer use phase. The environmental footprint from our operations is relatively small compared to that from the use phase of our products. Nevertheless, we are constantly considering climate and the environmental footprint from our industrial activities.  As we strive for more sustainable production, we continuously reduce waste and emissions, optimize water use and improve our handling of solvents, oils and chemicals.

Renewable energy sources

One impactful measure is to replace fossil energy with renewable energy sources such as wind, solar, biomass and biofuels. The Volvo Group has production facilities in 18 countries and approximately 100 sites around the world. Currently, six of our sites are certified as renewable energy facilities powered by 100% renewable energy. 

Although renewable energy is not yet available in all markets, we foresee an increase in supply throughout the world. When available at acceptable conditions, renewable energy is always our first choice. 

On our way towards sustainable production our next milestone is to reach 65% renewable energy for our fully owned operations across the world (offices, production sites, warehouses and logistics centers) by 2025. At year-end 2020 the share of renewable energy was 52%. 

Our journey to reduce environmental impact started long ago, and the Volvo Group became the first automotive manufacturer in the world to join the WWF’s Climate Savers initiative in 2010. Two of the ambitions during 2015-2020 have been to increase renewable energy usage and to implement energy saving activities. 

The strategy has served us well and most environmental KPIs have been improved in absolute terms and over time also. At the end of 2020, the absolute scope 1 and 2 CO2 emissions had been reduced by over 35% since 2015.

Environmental performance

Absolute values related to net sales
2020 2019 2018 2017 2016 2015
2014
Energy consumption (GWh; MWh/SEK M)1
1,816; 5.6 2,118;
5.1
2,196; 5.8 2,068; 6.4
2,076; 7.1
2,077; 6.8
2,168; 7.9
Whereof renewable energy  52% 48% 43% 40%      
Direct CO2 emissions, scope 1 (1,000 tons; tons/SEK M)1
173; 0.5 211;
0.5
223; 0.6
207; 0.6
211; 0.7
220; 0.7
231; 0.8
Indirect CO2 emissions, scope 2 (1,000 tons; tons/SEK M)1
97; 0.3 113; 
0.3
198; 0.5  192; 0.6 196; 0.7 192; 0.6 218; 0.8
Water consumption (1,000 m3; m3/SEK M)
5,218; 16.0 5,706;
13.6
4,870; 12.9 4,817; 14.9 4,430; 15.2 4,919; 16.2 4,982; 18.1
NOX emissions (tons; kilos/SEK M)
204; 0.6 311;
0.7
360; 1.0 301; 0.9 333; 1.1 344; 1.3 332; 1.2
Solvent emissions (tons; kilos/SEK M)
1,342; 4.1 1,488;
3.6
2,148; 5.7 1,681; 5.2 1,792; 6.1 1,885; 6.2 2,472; 9.0
Sulphur dioxide ­emissions (tons; kilos/SEK M)
5.6; 0.02 9.6;
0.02
13.6; 0.04 13.3; 0.04 12.9; 0.04 32.1; 0.1
37.9; 0.1
Hazardous waste (tons; kg/SEK M)
51,806; 160 51,724;
122.0
38,601; 102.0 31,941; 98.6 27,649; 94.9 27,824; 91.6 24,944; 90.4
Net sales from Industrial Operations, SEK bn
326.5 418.4 378.3 323.8 291.5 303.6 276.0


From 2012 revised system boundaries and emission factors.

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Environmental Policy

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The Construction Climate Challenge is hosted by Volvo Construction Equipment to drive sustainability specifically in the construction industry value chain.
 

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