• Geely Holding establishes comprehensive ESG management framework and Group-wide ESG strategy
• Geely Holding became the first Chinese automotive group to be a partner of the leading collaborative platform Drive Sustainability, facilitated by CSR Europe.
• Sales of plug-in hybrid and battery electric vehicles across the Group doubled to more than 640,000 vehicles in 2022, showcasing 100.3% growth.
• Geely’s Xi’an plant became the first plant in China to achieve zero-carbon operations
• Geely Auto installed 307MW of photovoltaic power, an increase of 168.7% over 2021.
• The world’s first 100,000-ton green methanol factory invested in by Geely started production in Henan Province.

2023 June 5th, Hangzhou. Geely Holding Group, China’s largest privately held automotive group, published the Group’s 2022 Sustainability Report and outlines Group-wide ESG strategy leading towards full value chain carbon neutrality.

Geely Holding’s ESG strategy lays out a framework for the Group and its subsidiaries to comprehensively strive for sustainable development and work towards the Group’s goal of reaching operational carbon neutrality by 2030 and full value chain carbon neutrality by 2045. The strategy focuses on the six areas of compliance, addressing climate change, resource conservation, safe mobility, sustainable value chains, and employee and community welfare.

The Group’s road to carbon neutrality will be driven by two major sources of energy, green electricity and green methanol. To reach full value chain carbon neutrality, the Group is working with supply chain partners to transition towards zero-carbon materials, zero-carbon manufacturing, and zero-carbon energy.