Volvo CE Partners with WWF, Pledges Cuts in GHG

May 17, 2012

Volvo Construction Equipment has partnered with the World Wildlife Fund and pledged to cut 15 million tons of carbon dioxide output between 2009 and 2014. The move is part of the Volvo Group’s wider commitment to reduce carbon-dioxide emissions by 30 million tons.

Volvo CE is the first construction equipment manufacturer to join with WWF, president/CEO Pat Olney told journalists today in Miami. Volvo CE officially joined the program in February.

“At Volvo Construction Equipment, environmental care is a core value, and that is much more than just a corporate statement: it’s something that we are taking very seriously and working hard to integrate into everything we do,” Olney said. “The WWF’s Climate Savers program is a challenging initiative that will help us to further reduce our CO2 emissions, increase our products’ fuel efficiency and demonstrate that we’re truly committed to environmental sustainability.”

The WWF’s Climate Savers program asks multinational companies to pledge to reduce their CO2 output in the battle to reduce overall carbon-dioxide emissions. 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. The results will be reviewed by independent technical experts.

The agreement with the WWF also states that the Volvo Group will reduce the CO2 emissions from its production plants by 0.2 million tons before 2014, or 12 percent compared with 2008.