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Geely Holding Group 202 1 Sustainable Development Report Geely Automobile will achieve carbon neutrality in 2045.
On June 27th, 2022, Geely Holding Group (hereinafter referred to as "Geely Holding") released the 202 1 Sustainable Development Report, which revealed for the first time that Geely Automobile will achieve carbon neutrality in 2045, and Volvo Car and Polaris will achieve full link climate neutrality in 2040. The report shows Geely Holding's determination and achievements in implementing the principle of sustainable development, sharing value with global partners and jointly building sustainable competitiveness.

Geely Holding focuses on climate change, resource protection, travel safety, data responsibility, employee and social responsibility and business ethics, and contributes to global sustainable development goals.

The report announced that Geely Holding and its subsidiaries have successively set carbon neutral targets; Completed the third inventory of greenhouse gas stoves, and its 1 1 manufacturing base was awarded the title of national green factory by the Ministry of Industry and Information Technology; In the past 10 years, R&D investment exceeded14 billion yuan, and the number of valid patents was about18,000. In 202 10/0, the sales of new energy vehicles increased by more than 94% year-on-year. Established an education and training system covering all employees in career cycle to create a "Geely Talent Forest"; Established Geely Thanksgiving Fund with a valuation of nearly $500 million; A total of 693 million yuan was invested in the "Timely Rain" project.

Pay attention to top-level design and run ESG through enterprise development.

Geely Holding is convinced that sustainable development has become the core driving force for the innovation and future development of the automobile industry, and has built a perfect, scientific and transparent governance framework for sustainable development. In particular, the ESG Committee was set up at the board level, and the ESG Working Group and the Carbon Neutralization Working Group were set up to guide and promote its major brands to continuously improve their sustainable development capabilities under Geely Holding's grand strategy and ecosystem.

Geely Holding has built a problem base covering 24 potential substantive issues from three dimensions of environment, society and governance, and on this basis, it has strengthened sustainable management. In addition, the Group adheres to integrity and compliance, strictly abides by business ethics, and lays a solid foundation for enterprise development.

Geely Holding also formally joined the United Nations Global Compact Organization (UNGC) on June 6, 2022, promising to implement the ten principles of the Global Compact based on the United Nations conventions, covering human rights, labor standards, environment, anti-corruption and other fields, and helping to achieve the UN 17 sustainable development goals.

Green development leads the transformation of low-carbon intelligence.

It is an important part of Geely Holding's sustainable development to actively respond to the challenges and opportunities of peak carbon dioxide emissions and carbon neutrality and build a flexible and responsible full value chain. The report reveals Geely Holding's practice in the fields of climate change, ecological layout of new energy, green value chain in the whole life cycle and green travel.

Geely Holding has set the overall goal of achieving full-link carbon neutrality by 2045, and actively promoted the formulation of carbon emission targets of its subordinate business groups and sub-brands, and promoted the realization of the whole group's carbon neutrality goal by enhancing its independent innovation capability.

Among them, Geely Automobile promises to reduce the carbon emissions of bicycles by more than 25% in the whole life cycle by 2025 (based on 2020) and achieve carbon neutrality by 2045; Volvo Cars plans to become a 100% pure tram enterprise in 2030, and achieve full link climate neutrality in 2040; Youxing Technology will achieve carbon neutrality in operation in 2023 and net zero emission of all travel orders in 2035; Polaris will launch climate-neutral products in 2030 and achieve climate neutrality in 2040.

In 20021year, the sales of new energy vehicles of Geely Holding increased by more than 94% year-on-year. Really achieved 100% independent research and development of new energy vehicle technology system and solutions, and laid out diversified new energy technology paths in pure electricity, hybrid power, methanol, electricity exchange and other aspects, such as releasing the first intelligent electric vehicle developed based on the broad framework of independently developed SEA, launching Raytheon Power Global Power technology brands, and carrying out forward-looking research and development and promotion of methanol vehicles. Long-distance bus alliance 1 1 Upstream and downstream enterprises jointly build "China Zero Carbon Land Transport Alliance" to provide services and guarantee for urban green logistics.

Geely Holding focuses on the whole life cycle of the automobile, and integrates the concept of sustainable development into the whole value chain such as raw material selection and design, manufacturing, packaging logistics, and resource recovery, so as to help realize the green transformation of the automobile industry ecology. For example, Volvo Cars plans to completely abandon animal leather from C40 rechargeable models; The fuselage of Krypton 00 1 adopts 15% renewable steel plate material and 25% renewable aluminum alloy material.

In the construction of green factories, efforts should be made to realize the "three zero" green cycle of "zero wastewater discharge, zero landfill of wastes and zero discharge of harmful substances" in the production and manufacturing cycle. In 202 1 year, the installed photovoltaic capacity of Geely Automobile reached 1 10 MW, the recycling rate of industrial water resources reached 97.57%, and the discharge rate of pollutants such as wastewater, waste gas and noise in each production base reached 100%. In the process of logistics transportation, we can reduce the resource use and greenhouse gas emission of logistics system by using recyclable materials and optimizing transportation scheme.

With the continuous integration of green and low-carbon concepts into urban development and daily life, the concept of "green travel" has gradually attracted the attention of the global public. Cao Cao Travel is the first travel platform in China to set up carbon asset accounts for users and register orders one by one, resulting in voluntary carbon emission reduction. In the past six years, Cao Cao saved 534 million liters of fuel resources, and the total carbon reduction exceeded1083,500 tons. All products of British electric vehicle LEVC adopt a new energy power system with pure electric range extension. Since the LEVC TX model rolled off the assembly line in the UK, it has reduced about 90,000 tons of carbon dioxide emissions and reduced the consumption of fossil fuels by about 54.9 million liters.

Ingenious quality, guarding worry-free and safe travel

All brands of Geely Holding Co., Ltd. develop in coordination, gather the world's cutting-edge technologies, provide all-round safety guarantee for users, drivers and road participants around the world, constantly tap the needs of diversified users, create a safe, secure, intelligent and convenient travel experience that exceeds expectations, and accelerate the realization of the vision of "zero accidents and zero casualties" on roads.

Relying on the global industrial ecology, Geely has established a product safety and pedestrian protection system higher than the national standards. 202 1 Geely Holding's brands have obtained five-star safety ratings of E-NCAP and C-NCAP, which proves the industry leading level in safety technologies such as driver protection, pedestrian protection, active protection and safety assistance. At the same time, Geely Holding has been deeply involved in automatic/intelligent driving technology and equipped its products with high-level advanced driver assistance system (ADAS) to provide users with a highly safe and industry-leading intelligent connected car experience.

Health is another kind of "safety" of cars. Geely Automobile pioneered the "Automobile Ecological Purification Cabin", which can intelligently isolate harmful substances such as dust, smoke and PM2.5 in the air.

In addition, Geely Holding integrates user privacy protection into the whole life cycle of product development, realizing all-round user data and privacy protection from parts to vehicles. In 20021year, the construction of privacy computing team was officially started, and it invested in the research and development of privacy computing technology and products. Under the protection of privacy computing technology, users' driving data will be fully protected.

With Geely, we will move towards a common and prosperous future.

Geely Holding has been adhering to the initial intention of being responsible for human beings and society, and is constantly moving towards the goal of realizing the common prosperity of "people, industry and society".

Geely Holding's high-quality development helps common prosperity, respects people, achievers and happy people, realizes all employees to create and share the fruits of enterprise development, establishes an education and training system covering the whole career cycle of employees, and creates Geely's "talent forest"; Set up a Geely Thanksgiving Fund with a valuation of nearly 500 million US dollars to improve employee welfare. In 20021year, Geely Holding was rated as one of the "25 Most Suitable Companies for Career Growth" by LinkedIn China.

Geely Holding actively participates in industry co-construction and win-win development of industrial chain. In 20021year, Geely became the first Asian member with voting rights in IATF history. Actively lead and participate in the formulation of relevant standards, including 135 standards, including 78 national standards and 9 industry standards.

Geely Holding takes "Let the world feel love" as its public welfare value proposition, focusing on two public welfare fields: education and environmental protection, and at the same time radiating four public welfare issues: disaster relief, cultural communication, humanistic care and sustainable development to fulfill its social public welfare responsibilities.

Li Shufu, Chairman of Geely Holding Group, said: "We will continue to keep our initial intention, focus on the important direction of sustainable development, adhere to the bottom line of compliance governance, persist in integrity innovation, move towards a zero-carbon future, and jointly create a sustainable development future of' making the world full of Geely'." ?

According to the hot list data of Easy Car App, Geely ranks fifth. For more data, please visit the Easy Car App.