Volvo Car AB
Volvo Car Energy Data Preview
In 2023, Volvo Car disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Volvo Car also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, Volvo Car also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Volvo Car also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Volvo Car's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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Insights into Volvo Car's Energy Renewability
In 2023, Volvo Car consumed a total of 4.8 million Gigajoules of energy across its operations. Of this total, 61% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 39% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
Volvo Car's Energy Renewability Rate
How much of Volvo Car's energy consumed is renewable?
In 2023, Volvo Car consumed a total of 4.8 million Gigajoules of energy, of which 61% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This moderate level of renewable energy adoption indicates that Volvo Car is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Are Volvo Car's energy practices becoming more sustainable?
Since 2021, Volvo Car's total energy consumption increased by 7.07%, including a 5.71% increase in 2023, reflecting a sustained rise in overall energy demand.
Over the same period, the share of renewable energy in Volvo Car's consumption increased by 22%, including a 8.93% increase in 2023, showing consistent progress in clean energy adoption.
Overall, Volvo Car has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energy—mitigating the environmental impact of its growing consumption.
Volvo Car's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Volvo Car's Energy Consumption & Production Mix
In 2023, Volvo Car disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Volvo Car's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Volvo Car's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Volvo Car's energy consumption?
In 2023, Volvo Car's total energy consumption was primarily sourced from
- Fuel (Unspecified Type) (86.38%)
- Other Sources, Solar Energy and Wind Energy (13.62%)
How diverse is Volvo Car’s energy consumption mix?
In 2023, Volvo Car consumed energy from 3 different sources or generation technologies, indicating a highly concentrated energy mix, with Fuel (Unspecified Type) alone accounting for 86.38% of total consumption.
What are the main sources or generation technologies used by Volvo Car to produce energy?
In 2023, Volvo Car's energy production came primarily from
- Other Sources, Solar Energy and Wind Energy (100%)
How diverse is Volvo Car’s energy production mix?
In 2023, Volvo Car produced energy using 2 different sources or generation technologies. The energy production mix is highly concentrated, with Other Sources, Solar Energy and Wind Energy alone making up 100% of total output.