The cooperation is based on the Volvo Group’s commitment to reduce carbon dioxide emissions by 30 million tons from construction equipment, buses and trucks manufactured through 2014. Volvo’s joint-venture company, SDLG, which manufactures construction equipment in China, will also become the first-ever Chinese company to be a member of Climate Savers.
Companies involved in Climate Savers pledge to reduce their carbon dioxide emissions pursuant to an agreement between the WWF and the company. The results will be reviewed by independent technical experts. The agreed target must be more ambitious than the company would have set on its own, and must also signify that the company is leading its sector in the reduction of greenhouse gas emissions.
In 2010, the Volvo Group became the world’s first automotive manufacturer to join Climate Savers, in an agreement whereby the group’s truck brands committed to reduce the total amount of CO2 emitted during the lifetime of trucks manufactured and sold from 2009 to 2014, by 13 million tons, compared to trucks manufactured in 2008.