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Earnings Insights 
William White
Apr 18, 2024 2:43AM ET
Polestar has published its Sustainability Report for 2023.
The Swedish car brand continues to make significant progress on its climate targets, achieving a reduction of 9% in relative greenhouse gas emissions per sold car in 2023.
This equates to a reduction of 3.4 tCO2e compared to 2022, achieved by focusing on three main areas: using carefully chosen materials with lower climate impact, renewable electricity in car and battery production, and energy efficiency in the use phase.
The achievements in 2023 and future ambitions illustrate that decoupling growth from increased emissions is possible.
“Our vision is clear – we want to accelerate the EV transition while bringing in more sustainable and innovative solutions to improve electric cars. We need to acknowledge that our industry still has a huge potential for improvement in disclosing concrete plans for achieving its climate pledges,” says Polestars’ Head of Sustainability, Fredrika Klarén.
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