Volvo Car AB

Common Name

Volvo Car

Country

Sweden

Sector

Consumer Cyclical

Industry

Auto Manufacturers

Employees

39,800

Ticker

VOLCAR B

Exchange

Nasdaq Stockholm

Website

www.volvocars.com

Description

Volvo Car AB (publ.) designs, develops, manufactures, markets, and sells cars in Sweden and internationally. The company offers battery electric vehicles; non-battery electric vehicles, such as plug-i... Show more

GHG Emissions Climate Targets EU Taxonomy Energy Management Waste Management

Volvo Car's EU Taxonomy Data Preview

In 2025, Volvo Car was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.

The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.

Volvo Car has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Volvo Car are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

turnoveropexcapex

Metric	2025	2024	2023	2022-2019
Total Taxonomy Aligned Turnover	0%^a	0%^b	0%^c
Total Taxonomy Eligible Turnover	80%^a	91%^b	90%^c

Metric	2025	2024	2023
Total Taxonomy Aligned Opex	2%^a	8%^b	7%^c
Total Taxonomy Eligible Opex	97%^a	94%^b	88%^c
Activity Level Taxonomy Aligned Opex (1 activity)
3.3 CCM/CCA - Manufacture of low carbon technologies for transport	2%^a	8%^b	7%^c

Metric	2025	2024	2023
Total Taxonomy Aligned Capex	28%^a	23%^b	12%^c
Total Taxonomy Eligible Capex	94%^a	95%^b	95%^c
Activity Level Taxonomy Aligned Capex (1 activity)
3.3 CCM/CCA - Manufacture of low carbon technologies for transport	28%^a	23%^b	12%^c

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Verified Sources Behind Volvo Car’s EU Taxonomy 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.

a. Volvo Car's Integrated Report 2025

b. Volvo Car's Annual Report 2024

c. Volvo Car's Annual Report 2023

d. Volvo Car's Annual Report 2022

Insights into Volvo Car's CAPEX from Sustainable Activities

In 2025, Volvo Car reported EU Taxonomy-eligible CAPEX of SEK 51.39 billion,representing 94% of its total CAPEX. Of this amount, SEK 15.09 billion of Volvo Car's CAPEX was classified as EU Taxonomy-aligned, indicating that 28% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).^a

Volvo Car's Taxonomy-Eligible Capex Over Time

Total Taxonomy Eligible Capex
Total Taxonomy Aligned Capex

Have Volvo Car's increased its investment in sustainable activities over time?

Compared to the previous year (2024), Volvo Car's taxonomy-aligned CAPEX increased by 21.74%,highlighting Volvo Car's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.^{a, b}

How much of Volvo Car's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2025, Volvo Car reported that SEK 51.39 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 94% of the company's total CAPEX. Of this amount, SEK 15.09 billion (28% of total CAPEX) was classified as Taxonomy-aligned. This means that 66% of Volvo Car's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).^a

How much of Volvo Car's eligible CAPEX is aligned with the EU Taxonomy?

In 2025, Volvo Car reported that SEK 15.09 billion of its CAPEX was aligned under the EU Taxonomy, representing 28% of its total capital investment.^a

This moderate level of alignment indicates that Volvo Car is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Volvo Car's Eligibility & Alignment Overview

Volvo Car's Contribution to Environmental Objectives

Total Taxonomy Aligned Capex

How is Volvo Car's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2025, Volvo Car reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives^a:

Climate Change Mitigation: 28%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%

How much Volvo Car is investing in climate-related solutions?

In 2025, Volvo Car allocated SEK 15.31 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 28% of the company's total capital expenditure,indicating that Volvo Caris moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.^a

Insights into Volvo Car's OPEX from Sustainable Activities

In 2025, Volvo Car reported EU Taxonomy-eligible OPEX of SEK 8.30 billion,representing 97% of its total operating expenses (OPEX). Of this amount, SEK 173.00 million of Volvo Car's OPEX was classified as EU Taxonomy-aligned, indicating that 2% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).^a

Volvo Car's Taxonomy-Eligible Opex Over Time

Total Taxonomy Eligible Opex
Total Taxonomy Aligned Opex

Have Volvo Car's increased its spending in sustainable activities over time?

Compared to the previous year (2024), Volvo Car's taxonomy-aligned OPEX decreased by 75%, suggesting that Volvo Car may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.^{a, b}

How much of Volvo Car's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2025, Volvo Car reported that SEK 8.30 billion of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 97% of the company's total OPEX. Of this amount, SEK 173.00 million (2% of total OPEX) was classified as Taxonomy-aligned. This means that 95% of Volvo Car's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).^a

How much of Volvo Car's eligible OPEX is aligned with the EU Taxonomy?

In 2025, Volvo Car reported that SEK 173.00 million of its OPEX was aligned under the EU Taxonomy, representing 2% of its total operational expenditure.^a

This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.

Volvo Car's Eligibility & Alignment Overview

Volvo Car's Contribution to Environmental Objectives

Total Taxonomy Aligned Opex

How is Volvo Car's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2025, Volvo Car reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives^a:

Climate Change Mitigation: 2%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%

How much of Volvo Car's operational budget supports climate-related solutions?

In 2025, Volvo Car allocated SEK 171.22 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 2% of the company's total OPEX,indicating that Volvo Carhas only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.^a

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Volvo Car's EU Taxonomy Data Preview

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Insights into Volvo Car's Revenues from Sustainable Activities

Insights into Volvo Car's CAPEX from Sustainable Activities

Volvo Car's Taxonomy-Eligible Capex Over Time

Have Volvo Car's increased its investment in sustainable activities over time?

How much of Volvo Car's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

How much of Volvo Car's eligible CAPEX is aligned with the EU Taxonomy?

Volvo Car's Eligibility & Alignment Overview

Volvo Car's Contribution to Environmental Objectives

How is Volvo Car's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

How much Volvo Car is investing in climate-related solutions?

Insights into Volvo Car's OPEX from Sustainable Activities

Volvo Car's Taxonomy-Eligible Opex Over Time

Have Volvo Car's increased its spending in sustainable activities over time?

How much of Volvo Car's operational expenditure (OPEX) is eligible under the EU Taxonomy?

How much of Volvo Car's eligible OPEX is aligned with the EU Taxonomy?

Volvo Car's Eligibility & Alignment Overview

Volvo Car's Contribution to Environmental Objectives

How is Volvo Car's taxonomy-aligned OPEX distributed across the EU environmental objectives?

How much of Volvo Car's operational budget supports climate-related solutions?

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