Guangzhou Automobile Group is a publicly listed auto manufacturer headquartered in Guangzhou, China. In 2019 it had US$8.6 billion in revenue and sales of over 590,000 vehicles. Its sales are 99.9 percent in China.
- Performance score
- 7.5 /20
- Assessment Note
Guangzhou Automobile Group received a full ACT assessment in 2019.
GAC has established a detailed supplier management code, which takes environmental and social risks into consideration. In order to strengthen this, it should begin monitoring emissions in its supply chain and could work with suppliers to set emissions reduction targets and develop joint low-carbon research and development (R&D) projects.
Although GAC states that it has invested ¥5.041 billion (US$721 million) into R&D, it has not yet disclosed what proportion of this is dedicated to low-carbon R&D such as research into electric powertrains. By publicly disclosing information on its low-carbon transition plan, low-carbon R&D and setting emissions targets, GAC could demonstrate its intent to be a leader in the low-carbon economy.
More about the company
- Ownership structure
- Publicly listed
- Revenue (2019)
- US$8.6 billion
- Number of vehicles sold (2019)