Volvo Cars Charts Green Course: Pioneers Renewable Fuels, Slashing Ocean Freight CO2 Emissions by 84%
Volvo Cars has become the first global carmaker to shift from traditional fossil fuel to renewable fuels, specifically Fatty Acid Methyl Esters (FAME), for ocean freight. This change is expected to reduce fossil CO2 emissions by 84%, equivalent to 55,000 tonnes annually.
The renewable fuel is derived from sustainable sources, primarily waste cooking oil, and does not use palm oil or related feedstocks. The company plans to implement renewable fuel for inbound ocean container transports globally, involving logistics partners Maersk, Kuehne+Nagel, and DB Schenker.
The initiative is part of Volvo’s broader goal to reduce the lifecycle carbon footprint per car by 40% by 2025 and achieve climate-neutral manufacturing by 2025, contributing to its overall ambition of becoming a climate-neutral company by 2040.
The company encourages other automakers to adopt similar measures, emphasizing the need for collective responsibility in addressing environmental concerns.
“We’re continually exploring sustainability opportunities across all aspects of our supply chain, and across our overall business,” Javier Varela, Volvo Cars Chief Operating Officer and Deputy CEO says. “Our list of initiatives keeps growing as we work towards our ambition of becoming a climate neutral company by 2040.”
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