Polestar achieves carbon reductions amid record sales volume in 2022.
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Polestar achieves carbon reductions amid record sales volume in 2022.

Polestar reduced CO2 emissions per car sold by 8% while delivering 80% more cars in 2022, putting it on track to halve relative emissions by 2030.

Swedish electric vehicle (EV) maker Polestar published its third Annual Sustainability Report, revealing its achievements in reducing carbon dioxide emissions per car sold, even as it experienced record sales volume growth in 2022. The report outlines the company’s environmental, social, and governance initiatives and performance, highlighting that it has reduced relative CO2 emissions per car sold by eight percent compared to 2021 levels. This comes despite a record global volume growth of nearly 51,500 cars sold in 2022, an 80 percent increase from 2021.

Polestar has been successful in cutting its relative emissions on a per unit basis by 13 percent since 2020, while absolute emissions have increased due to scale-up. The company is now on track towards halving relative emissions by 2030. Polestar’s sustainability team has contributed to this reduction through several factors, including reducing average transport, increasing sales in markets with more renewable energy on grids, and ongoing updates to its car programs.

One of the changes made by Polestar’s sustainability team was switching to a hydro-powered smelter to provide aluminum for the wheels and battery trays for Polestar 2, resulting in a 1.2-tonne reduction per car. The factory where the Polestar 2 is produced now runs on 100 percent renewable electricity. Additionally, the company’s diversified product portfolio now includes a larger share of single-motor vehicles that have a lower energy demand during production.

Polestar is also focused on addressing the social and environmental impact of its EVs through its use of blockchain technology to trace risk materials back to the mine. The company has expanded its material traceability efforts to include cobalt, mica, lithium, and nickel, as well as leather and wool.

Furthermore, Polestar’s goal of creating a climate-neutral car by 2030, known as the Polestar 0 project, has now been joined by over 20 leading players from various industries. The goal of the project is to eliminate CO2e emissions and re-think processes instead of relying on offsetting schemes. In February 2023, Polestar received additional certification as it was rated a low-risk 17 by Sustainalytics.

The company has also partnered with Circle Economy and STENA Recycling to measure its impact and set a circularity baseline, from which it will work to improve raw material consumption, biodiversity, and recyclability.

Fredrika Klarén, Head of Sustainability at Polestar, says: “We wear our emissions on our sleeve – measuring and scrutinising every detail ensures we keep our eye on the ball. Electrification alone is not enough and pure EV-makers like Polestar have a lot of work ahead of us. Our focus remains unchanged as we double down on cutting emissions in our supply chain.”

Also Read: Tesla confirms record Q1 2023 production and delivery numbers, beating expectations.

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