At COP29 in Baku, Azerbaijan, Geely Auto showcased its unwavering commitment to combating climate change and fostering sustainability through innovation. This global platform served as a stage for Geely to share its comprehensive ESG (Environmental, Social, and Governance) strategy, built on six foundational pillars: climate neutrality, nature positivity, all-round safety, digital innovation, co-prosperity, and governance. The company outlined its ambitious roadmap toward reducing carbon emissions by 25% across the product lifecycle by 2025 and achieving full carbon neutrality by 2045. Geely’s multi-energy approach—including EVs, PHEVs, and methanol-fueled vehicles—demonstrates its dedication to offering sustainable mobility options, while its NEV sales from January to October 2024 reflected a remarkable 91% year-over-year growth. Additionally, Geely has made substantial strides in methanol-fueled vehicle technology, securing over 200 patents and commencing commercialization efforts.
Geely Auto’s sustainability efforts extend beyond its vehicles to its operations and supply chain. The company has achieved a 60% green electricity utilization rate across its factories, aiming for 100% by 2025, and has already established three zero-carbon factories. Geely also encourages eco-friendly practices among its suppliers via a proprietary digital system that tracks carbon footprints and enforces waste-free production guidelines. Furthermore, its circular economy model includes a robust recycling program, enabling up to 97% of materials in new vehicles to be recyclable, with innovative uses of recycled materials such as plastics and metals. Geely’s advancements in battery technology, like its durable short blade batteries, reinforce its commitment to optimizing resources. Having reduced full vehicle lifecycle emissions by 12% since 2020, Geely continues to leverage innovation and collaboration to drive global sustainability, inspiring broader participation in its vision for a greener future.
