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Volvo AB

Common Name
Volvo
Country
Sweden
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
89,299
Ticker
VOLV B
Exchange
Nasdaq Stockholm
Description
AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, ...

Volvo's Energy Data Preview

In 2025, Volvo disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Volvo disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Metric (GJ)2025202420232022-2019
Total Energy Consumption
8,006,400a
8,100,000a
8,442,000a
Non-Renewable Energy Consumption
3,531,600a
3,592,800a
N/A
Renewable Energy Consumption
4,474,800a
4,507,200a
N/A
Renewable Energy Production
97,200a
32,400a
N/A
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Verified Sources Behind Volvo’s Energy Management 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's Corporate Governance Report 2025

Insights into Volvo's Energy Renewability

In 2025, Volvo consumed a total of 8.01 million Gigajoules of energy across its operations. Of this total, 55.89% 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 44.11% 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.a

Volvo's Energy Renewability Rate

56%

How much of Volvo's energy consumed is renewable?

In 2025, Volvo consumed a total of 8.01 million Gigajoules of energy, of which 55.89% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This moderate level of renewable energy adoption indicates that Volvo is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Volvo's energy practices becoming more sustainable?

Since 2019, Volvo's total energy consumption decreased by 7.56%, including a further 1.16% drop in 2025, highlighting a continued decline in energy use.a

Over the same period, the share of renewable energy increased by 25.09%, while holding steady in 2025, indicating past gains that have recently stabilized.a

Overall, Volvo’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Volvo's Renewable vs Non-renewable Energy Over Time

5.27 M2.27 M729.24 k5.27 MGigajoules (GJ)20252024201956%56%45%44%44%55%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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