In 2010, the Volvo Group became the world’s first heavy-duty truck manufacturer to join Climate Savers, the World Wildlife Fund (WWF) program that encourages large, multinational companies to set ambitious targets for reducing their carbon footprint. A recent report stated that Climate Savers companies have collectively cut carbon dioxide emissions by more than 100 million metric tons since 1999.
For its part, the Volvo Group committed to reducing the total amount of carbon dioxide emitted during the lifetime of trucks manufactured and sold from 2009 to 2014 by 13 million tons compared with trucks manufactured in 2008. The Group expanded the agreement in January 2012 to include Volvo Construction Equipment and Volvo Buses.
Volvo also works with WWF to increase awareness and understanding of climate change. Volvo Group President and CEO Olof Persson was quoted in a recent press release about The 3% Solution, a WWF and the Carbon Disclosure Project (CDP). The project report shows that by cutting carbon emissions 3 percent annually, the U.S. corporate sector will be on track to reach the emissions reductions scientists say are needed to stabilize the climate by 2020.