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Zhejiang Geely Holding Group (浙江吉利控股集团)

Known for Volvo, Lynk & Co.

Zhejiang Geely Holding Group (Volvo Cars) is a privately owned company headquartered in Hangzhou, China. In 2020, it had USD 13 billion group revenue and produced 1,966,000 light duty vehicles. Geely has had a slight increase in new energy vehicle sale share from 2018 to 2020, though current efforts are not yet enough to meet its 1.5°C pathway.

Ranking position
Total score
Performance score
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-30)


#1 0.9 /3 #15

Material Investment

#1 0.2 /0.4 #10

Intangible Investment

#1 0.0 /2.4 #7

Sold product performance

#1 2.2 /7 #18


#1 0.4 /2.2 #21

Supplier Engagement

#1 0.3 /1.2 #11

Client Engagement

#1 0.7 /0.8 #1

Policy Engagement

#1 0.6 /1.2 #2

Business Model

#1 0.3 /1.8 #15
Indicates the score for the top performing company.

Leading practices

No leading practices were identified for this company.

Risks and opportunities


Geely receives a trend score of -. If the company were reassessed in the near future, its score would likely. Geely is projected to exceed its 1.5°C scope 3 carbon budget for 2020-2025 by 33%. The company only saw an increase of 2.3% in the proportion of new energy vehicles in total sales between 2015 and 2020, whilst its overall scope 3 emissions intensity increased slightly. Geely therefore needs to significantly scale up its shift to new energy vehicles and emissions reduction, but there was no clear low-carbon transition plan to guide the company at group-level to do this.

Progress towards the Paris Agreement

Just Transition Assessment

In this report, we present five key thematic findings showing how 180 companies can increase their ambition towards a transition to a low-carbon future that is just and equitable for the people and communities at risk of being affected by it.

See results for

  1. 2019
  2. 2020

More about the company

Hangzhou, China
Revenue (2020)
USD 13.3 billion
Privately owned
Number of vehicles sold (2020)

This company is part of the SDG2000, the 2.000 most influential companies

See company profile