Volvo Car AB
Unverified XFID Unique Identifier for Volvo Car AB:
XOMJTDEPSR 2 Impact Reports
2 Second Party Opinions
1 Framework
Documents (5)
| XFID | Type | Title | Year | Source | Retrieved |
|---|---|---|---|---|---|
| XF-6ELI512-W | Impact Report | Volvo Cars - Impact Report | 2020 | investors.volvocars.com | 31 Mar 2026 |
| XF-0DS95U2-B | Impact Report | Volvo Cars - Impact Report | 2023 | investors.volvocars.com | 31 Mar 2026 |
| XF-ILQ29R1-A | Second Party Opinion | Second Party Opinion: Volvo Car AB – Green Framework (Methodology of Shades of Green, formerly part of CICERO) | 2023 | www.spglobal.com | 25 Feb 2026 |
| XF-TW5P1MM-B | Second Party Opinion | Volvo Cars (Methodology of Shades of Green, formerly part of CICERO) | 2020 | www.spglobal.com | 25 Feb 2026 |
| XF-HJILF3D-0 | Framework | Volvo Cars Green Financing Framework May 2023 | 2023 | investors.volvocars.com | 21 Feb 2026 |
Press Coverage (1)
News and trade press mentioning this issuer, tracked in the registry.
XF Company Profile
Extra-financial information found across 5 documents in the XframeworkID registry
NACE C Manufacturing
Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.
Issuer Identity & Structure
- Issuer name and country/jurisdiction
- Volvo Car AB, Sweden FRAMEWORK 2023
- Issuer sector/industry classification
- Automotive, Premium Car Manufacturing SPO 2023
- Primary products or materials produced
- Electric vehicles (BEVs), battery electric vehicles, plug-in hybrid vehicles, body components, e-motors SPO 2023
- Core business activities and geographic focus
- Global automotive manufacturer with operations in 100+ countries; production facilities in Sweden, Belgium, USA, and China; headquarters in Gothenburg, Sweden FRAMEWORK 2023
Green / Sustainable Finance Framework
- Sustainable bond framework name and version
- Volvo Cars Green Financing Framework, May 2023 (Updated from 2020 version) FRAMEWORK 2023
- Framework publication date and update history
- Initial publication: 2020; Updated: May 2023 IMPACT 2020
- Bond types covered under framework
- Green bonds and green loans (bilateral and multilateral credit facilities) IMPACT 2023
- Eligible use-of-proceeds categories
- Research and development of electric vehicles, production of battery electric vehicles, battery manufacturing and recycling, and related BEV components SPO 2023
- Management of proceeds approach
- Framework includes management of proceeds and reporting procedures; temporary investment of unallocated proceeds expected FRAMEWORK 2023
- Reporting commitments under framework
- Annual reporting on allocation of net proceeds and impact metrics FRAMEWORK 2023
- Exclusion criteria for ineligible projects or sectors
- Framework excludes hybrid vehicles and non-BEV components; focuses exclusively on battery electric vehicles SPO 2020
- Refinanced vs. newly financed project distinction
- Framework covers both financing and refinancing of eligible projects SPO 2023
Standards & Regulatory Alignment
- Alignment with ICMA Green Bond Principles
- Aligned with 2021 ICMA Green Bond Principles (including Appendix I update from June 2022) IMPACT 2023
- Compliance with Green Loan Principles or Sustainability-Linked Loan Principles
- Aligned with 2023 LMA, LSTA, APLMA Green Loan Principles IMPACT 2023
External Review & Verification
- Second Party Opinion (SPO) provider name and assessment date
- CICERO (multiple assessments: May 2023 and September 2020) SPO 2023
- SPO preliminary evaluation or credibility rating
- CICERO Dark Green rating with Excellent governance score SPO 2023
- SPO assessment scope and methodology
- Framework alignment with Green Bond Principles, climate governance assessment, operational emissions reduction, battery supply chain emissions, and circular economy practices SPO 2023
Corporate Strategy & Mission
- Sustainability strategy pillars and focus areas
- Climate Action, Circular Economy, Ethical & Responsible Business, Sustainable Corporate Governance FRAMEWORK 2023
- Corporate mission and sustainability strategy
- Transition to low-carbon and climate resilient future through electric vehicle development and production; strategic collaboration across brands (Volvo Cars, Care by Volvo, Volvo On Demand, Polestar, Lynk & Co, NOVO Energy) to deliver sustainability strategy SPO 2023
Sustainability & Climate Commitments
- Net zero target year
- 2050 SPO 2023
Impact Metrics & Reporting
- Product lifecycle assessment and environmental impact
- Framework acknowledges substantial lifecycle emissions from raw material sourcing, battery production, and vehicle charging dependent on electricity grid mix SPO 2023
Changes Over Time
Items where disclosed information changed across documents.
Alignment with ICMA Green Bond Principles
Compliance with Green Loan Principles
Bond types covered under framework
SPO preliminary evaluation or credibility rating
Eligible use-of-proceeds categories
Sustainable bond framework name and version
Framework publication date and update history