Polestar Automotive Holding UK PLC

Common Name
Polestar Automotive Holding
Country
Sweden
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
2,515
Ticker
PSNY
Exchange
NASDAQ/NMS
Description
Polestar Automotive Holding UK PLC ADS represents the American Depository Shares of Polestar, a Swedish automotive manufacturer that specializes in high-performance electric vehicles. The primary func...

Polestar Automotive Holding's GHG Emissions Data Preview

In 2024, Polestar Automotive Holding completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Polestar Automotive Holding has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Polestar Automotive Holding’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Polestar Automotive Holding’s data sources below and access millions more through our Disclosure Search.

a. Polestar Automotive Holding's Sustainability Report 2024
a. Polestar Automotive Holding's Sustainability Report 2024

Insights into Polestar Automotive Holding's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Polestar Automotive Holding amounted to 15,413 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Polestar Automotive Holding increased by 102.83%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Polestar Automotive Holding's Scope 1 Emissions Over Time

2020202120222023202402505007501 ktCO2e-19%-36%-58%-76%
  • Total Scope 1
  • Year-over-Year Change

What are Polestar Automotive Holding's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Polestar Automotive Holding were 48 metric tons of CO₂ equivalent (tCO₂e). a

Has Polestar Automotive Holding reduced its Scope 1 emissions over time?

Since 2020, Polestar Automotive Holding's Scope 1 emissions have decreased by 94.65%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Polestar Automotive Holding's Scope 1 emissions decreased by 75.76%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Polestar Automotive Holding's Scope 2 emissions?

In 2024, Polestar Automotive Holding reported Scope 2 greenhouse gas (GHG) emissions of 22,818 tCO₂e using the market-based method and 15,365 tCO₂e using the location-based method. a

Has Polestar Automotive Holding reduced its Scope 2 emissions over time?

Since 2020, Polestar Automotive Holding's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 268.02%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Polestar Automotive Holding's Scope 2 emissions (Location-Based) rose by 107.61% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Polestar Automotive Holding use for Scope 2 reporting?

In 2024, Polestar Automotive Holding reported its Scope 2 emissions using the market-based method and using the location-based method. a

Polestar Automotive Holding's Scope 2 Emissions Over Time

2020202120222023202406 k12 k18 k24 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Polestar Automotive Holding's Value Chain Emissions

In 2024, Polestar Automotive Holding reported 1,527,912 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Polestar Automotive Holding includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Polestar Automotive Holding's Scope 3 Emissions Over Time

202020212022202320240500 k1 M1.5 M2 MtCO2e+172%+63%-5%-14%
  • Total Scope 3
  • Year-over-Year Change

What are Polestar Automotive Holding's Scope 3 emissions?

In 2024, Polestar Automotive Holding reported total Scope 3 emissions of 1,527,912 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 75.18% of these emissions originated from upstream activities such as purchased goods and capital goods, while 24.82% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Polestar Automotive Holding reduced its Scope 3 emissions over time?

Since 2020, Polestar Automotive Holding's Scope 3 emissions have increased by 261.49%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Polestar Automotive Holding's Scope 3 emissions decreased by 13.64%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Polestar Automotive Holding disclose?

In 2024, Polestar Automotive Holding reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Polestar Automotive Holding's Scope 3 emissions?

In 2024, the largest contributors to Polestar Automotive Holding's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 1,011,054 tCO₂e (66.17%)
  • Use of Sold Products (Cat. 11): 333,627 tCO₂e (21.84%)
  • Upstream Transportation and Distribution (Cat. 4): 127,024 tCO₂e (8.31%)

Polestar Automotive Holding's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(8.3%)Purchased Goods andServices (Cat. 1)(66.2%)Use of Sold Products(Cat. 11)(21.8%)

Insights into Polestar Automotive Holding’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Polestar Automotive Holding reported Scope 1 greenhouse gas (GHG) emissions of 48 tCO₂e and total revenues of USD 2,034 millions. This translates into an emissions intensity of 0.02 tCO₂e per millions USD. a

Polestar Automotive Holding's Scope 1 Emissions Intensity Compared to Peers

2050020,000500,00010,000,000Scope 1 Emissions (tCO2e)2002,00020,000100,0001,000,000Revenues (Millions of USD)CWSanyang MotorYear: 2024Scope 1: 12,208 tCO2eRevenue: $M 2,003Scope 1 Intensity: 6.09 tCO2e/$MDometic GroupYear: 2024Scope 1: 7,896 tCO2eRevenue: $M 2,234Scope 1 Intensity: 3.53 tCO2e/$MVolvo CarYear: 2024Scope 1: 59,000 tCO2eRevenue: $M 36,319Scope 1 Intensity: 1.62 tCO2e/$MCCChina MotorYear: 2023Scope 1: 8,553 tCO2eRevenue: $M 1,255Scope 1 Intensity: 6.81 tCO2e/$MOtokarYear: 2024Scope 1: 14,781 tCO2eRevenue: $M 958Scope 1 Intensity: 15.43 tCO2e/$MPIERER MobilityYear: 2024Scope 1: 13,173 tCO2eRevenue: $M 1,833Scope 1 Intensity: 7.19 tCO2e/$MVolkswagenYear: 2024Scope 1: 3,300,000 tCO2eRevenue: $M 337,841Scope 1 Intensity: 9.77 tCO2e/$MFord MotorYear: 2024Scope 1: 1,000,000 tCO2eRevenue: $M 184,993Scope 1 Intensity: 5.41 tCO2e/$MFerrariYear: 2024Scope 1: 65,338 tCO2eRevenue: $M 6,948Scope 1 Intensity: 9.40 tCO2e/$MTVS MotorYear: 2025Scope 1: 20,441 tCO2eRevenue: $M 4,317Scope 1 Intensity: 4.73 tCO2e/$MAston MartinYear: 2024Scope 1: 8,575 tCO2eRevenue: $M 1,988Scope 1 Intensity: 4.31 tCO2e/$MNissan MotorYear: 2024Scope 1: 442,000 tCO2eRevenue: $M 83,768Scope 1 Intensity: 5.28 tCO2e/$MSeres GroupYear: 2024Scope 1: 88,690 tCO2eRevenue: $M 19,892Scope 1 Intensity: 4.46 tCO2e/$MYulon MotorYear: 2022Scope 1: 6,926 tCO2eRevenue: $M 2,508Scope 1 Intensity: 2.76 tCO2e/$MHero MotoCorpYear: 2024Scope 1: 21,375 tCO2eRevenue: $M 4,509Scope 1 Intensity: 4.74 tCO2e/$MBayerische Motoren WerkeYear: 2024Scope 1: 672,542 tCO2eRevenue: $M 148,163Scope 1 Intensity: 4.54 tCO2e/$MMaruti Suzuki IndiaYear: 2025Scope 1: 225,537 tCO2eRevenue: $M 16,984Scope 1 Intensity: 13.28 tCO2e/$MYamaha MotorYear: 2023Scope 1: 144,959 tCO2eRevenue: $M 17,074Scope 1 Intensity: 8.49 tCO2e/$MRenaultYear: 2024Scope 1: 406,440 tCO2eRevenue: $M 58,516Scope 1 Intensity: 6.95 tCO2e/$MLi AutoYear: 2024Scope 1: 64,500 tCO2eRevenue: $M 21,548Scope 1 Intensity: 2.99 tCO2e/$MWWWeichai PowerYear: 2023Scope 1: 188,094 tCO2eRevenue: $M 30,105Scope 1 Intensity: 6.25 tCO2e/$MStellantisYear: 2024Scope 1: 1,100,000 tCO2eRevenue: $M 163,251Scope 1 Intensity: 6.74 tCO2e/$MDr Ing hc F PorscheYear: 2023Scope 1: 17,638 tCO2eRevenue: $M 44,858Scope 1 Intensity: 0.39 tCO2e/$MIsuzu MotorsYear: 2023Scope 1: 119,189 tCO2eRevenue: $M 23,990Scope 1 Intensity: 4.97 tCO2e/$MPolestar Automotive HoldingYear: 2024Scope 1: 48 tCO2eRevenue: $M 2,034Scope 1 Intensity: 0.02 tCO2e/$M

How does Polestar Automotive Holding's GHG emissions intensity compare to its peers?

In 2024, Polestar Automotive Holding reported a Scope 1 emissions intensity of 0.02 tCO₂e per millions USD. Compared to the peer group median of 5.34 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Polestar Automotive Holding rank on GHG emissions intensity within its industry?

In 2024, Polestar Automotive Holding ranked 1 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Polestar Automotive Holding among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Polestar Automotive Holding's Total Carbon Footprint

In 2024, Polestar Automotive Holding reported a total carbon footprint of 1,543,325 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.14% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Polestar Automotive Holding's total carbon footprint was Scope 3 emissions, accounting for 99% of the company's total carbon footprint, followed by Scope 2 emissions at 1%. a

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