The Volvo Group sets example in WWF report
A new report published by WWF, The 3% Solution, shows how companies in the US can reap profits from cutting their carbon emissions, simultaneously helping the world avoiding climate change.
The report recognizes the carbon reduction made by the Volvo Group in the US by pursuing energy and CO2 reduction goals at the Groups plants. The plants first focused on opportunities such as fixing compressed air leaks and lowering air temperature. The Volvo Group then made capital investments in energy saving technologies such as upgrading to more efficient lighting and air conditioning equipment, installing infrared radiant heating to improve heat transfer, installing large fans to improve air flow and installing building automation systems which resulted in improved energy efficiency.
- The Volvo Group’s vision is to become the world leader in sustainable transport solutions and this robust report further proves what we have already found to be true; that reducing CO2 emissions can simultaneously contribute to the sustainability of companies and the climate, said Olof Persson, President and CEO of the Volvo Group in a comment on the report.
In 2010 the Volvo Group became the world’s first automotive manufacturer to join the WWF program Climate Savers. The Volvo Group has committed to reduce the total amount of CO2 emitted by trucks, construction equipment and buses manufactured within the Volvo Group through 2014, by more than 30 million tons, compared to vehicles manufactured in 2008. The Volvo Group will also reduce CO2 emissions from its production plants by 0.2 million tons (12%) before 2014, compared with 2008.