Polestar says it reduced greenhouse gas-emissions per car sold by 6% in 2021 through a focus on increased efficiency and use of renewable energy.
As the headline finding of its just published second Annual Review and Sustainability report, Polestar says it is proving that business growth and climate goals are compatible. The report reiterates its targets to create a “truly climate-neutral car by 2030, to halve carbon emissions per sold car between 2020 and 2030 and reach climate neutrality across the value chain by 2040.”
Thomas Ingenlath, Polestar CEO, says, “We work with each step we take to support our climate strategy. Goals set 10 or 20 years ahead in time might feel fluffy. That’s where proper reporting comes in – making us accountable for the steps taken every year towards that goal. This is the climate decade. Change and improvement must happen all the time, now, and we can’t afford to wait. I’m proud to say we reduced greenhouse gas-emissions per car sold by 6%.”
The 2021 report revisits another ground-breaking year that saw the launch of the Polestar 0 project – Polestar’s “moonshot goal” to create a truly climate-neutral car by 2030 – and the announcement of the first partner companies joining forces with Polestar towards achieving that goal.
“What gets measured gets done,” comments Fredrika Klarén , Head of Sustainability at Polestar. “Sustainability reporting is key to the transparency we abide by at Polestar. Through annual reports, we monitor our direction towards our ambitious goals and show that we do what we say.”
Further promoting transparency on carbon footprint and risk materials, the report outlines how in 2021 Polestar introduced an industry-unique product sustainability declaration, clearly displaying sustainability information for Polestar 2 in all retail environments. Polestar’s continued partnership with Circulor now includes blockchain traceability of mica, in addition to cobalt that is already traced in Polestar 2 batteries from material source to finished product.