Story image

Volvo’s ground-breaking EV strategy embraced by the UN

Volvo Cars have been recognised by the United Nations for its ground-breaking electrification strategy in the latest report from the UN’s Global Compact, the world’s largest corporate sustainability initiative.

The report, launched earlier this week at the Global Compact’s annual high-level meeting in New York, focuses on the progress that Global Compact members have made in supporting the delivery of the UN’s Sustainable Development Goals (SDGs).

It highlights 10 chief executives that have taken particularly bold and disruptive action, including Volvo Cars’ president and chief executive, Håkan Samuelsson.

The Global Compact has also recognised Volvo Cars as a LEAD member, a group of the most committed, engaged and ambitious companies within the Global Compact. 

A founding member of the Global Compact, Volvo Cars is one of only 44 LEAD companies out of a total of 9,500 members.

Samuelsson says, “We’re doing this because we think this is the right future for Volvo Cars, and that it will make us stronger, it’s sound business.” 

With the announcement, Volvo Cars became the first established car company to fully embrace electrification and place it at the core of its future business.

From 2019 every Volvo car launched will have an electric motor, marking the historic end of cars that only have an internal combustion engine.

The electrification announcement was a watershed moment in the industry and Volvo Cars’ example has been followed since by other car makers who have made similar announcements.

As part of its strategy, Volvo Cars will launch five fully electric vehicles between 2019 and 2021.

Three of these cars will be Volvo models and two will be Polestar performance cars.

These cars will be supplemented by a range of plug-in hybrid and mild hybrid options on all models, representing one of the broadest electrified car offerings of any car maker.

Stuart Templar, Volvo Cars director of sustainability says, “Volvo is leading the way and we can see now that the automotive industry is waking up to its responsibilities.

“We are proud to be a LEAD member of the UN Global Compact and of being acknowledged for our industry-leading commitment to an electric future.”

In May of this year, Volvo Cars hosted the bi-annual meeting of the UN Global Compact Nordic Network at its headquarters in Gothenburg.

It represented one of the largest gatherings of Nordic corporate sustainability experts under the auspices of the United Nations.

Royole's FlexPai: So bendable phablets are a reality now
A US-based firm called Royole is delivering on that age-old problem of not being able to fold up your devices (who hasn't ever wished they could fold their phone up...)
Hands-on review: Having fun in Knowledge is Power: Decades and Chimparty
They don’t revolutionise social video gaming, but they are enjoyable enough to occupy you during a wet weekend. 
Kiwis losing $24.7mil to scam calls every year
The losses are almost five times higher compared to the same period last year, from reported losses alone.
Tile's Mate & Pro Bluetooth trackers land in NZ
If your car keys (or your tablet) have disappeared into the void at the back of the couch or if you left them somewhere in your car, retracing your steps to find them could be a thing of the past.
Government still stuck in the past? Not on GovTech's watch
What exactly is GovTech and what’s been happening in our capital city?
"Is this for real?" The reality of fraud against New Zealanders
Is this for real? More often than not these days it can be hard to tell, and it’s okay to be a bit suspicious, especially when it comes to fraud.
Hands-on review: The iPhone Xs
The iPhone Xs is a win that brought numerous new and exciting features to the market.
How much does your Amazon Prime Video subscription really get you?
For our NZ$8.90 per month, the average cost per title is US$0.00126 - but we only really get a choice of 416 TV shows and 4321 movies. Choice is a little bit limited compared to other countries.