Volvo EU Taxonomy disclosure

EU Taxonomy summary

77% of Volvo's revenues are EU Taxonomy eligible, with 0% also being Taxonomy aligned. 88% of Volvo's capital expenditures are EU Taxonomy eligible, with 0% also being Taxonomy aligned. Additionally, 85% of Volvo's operating expenses are EU Taxonomy eligible, with 0% also being Taxonomy aligned.

EU Taxonomy full disclosure

FY2024	Code	Value (SEKm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
Turnover of environmentally sustainable activities (Taxonomy-aligned) (A.1)		0	0%	0%	0%	0%	0%	0%	0%
Of which enabling		0	0%	0%	0%	0%	0%	0%	0%									E
Of which transitional		0	0%	0%															T
3.3 = Manufacture of low carbon technologies for transport	CCM 3.3	338,861	64%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								62%
3.4 = Manufacture of batteries	CCM 3.4	1,296	0.246%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
3.6 = Manufacture of other low carbon technologies	CCM 3.6	2,151	0.408%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
3.18 = Manufacture of automotive and mobility components	CCM 3.18	62,825	12%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								11%
Turnover of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		405,133	77%	100%	0%	0%	0%	0%	0%								73%
A. Turnover of Taxonomy eligible activities (A.1+A.2)		405,133	77%	100%													73%
Turnover of Taxonomy-non-eligible activities		121,683	23%
Total (A+B)		526,816	100%

FY2024	Code	Value (SEKm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
CapEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)		0	0%	0%	0%	0%	0%	0%	0%
Of which enabling		0	0%	0%	0%	0%	0%	0%	0%									E
Of which transitional		0	0%	0%															T
3.3 = Manufacture of low carbon technologies for transport	CCM 3.3	34,348	82%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								84%
3.4 = Manufacture of batteries	CCM 3.4	1,418	2%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
3.6 = Manufacture of other low carbon technologies	CCM 3.6	619	1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								1%
3.18 = Manufacture of automotive and mobility components	CCM 3.18	205	4%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								1%
CapEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		36,590	88%	100%	0%	0%	0%	0%	0%								86%
A. CapEx of Taxonomy eligible activities (A.1+A.2)		36,590	88%	100%													86%
CapEx of Taxonomy-non-eligible activities		5,104	12%
Total (A+B)		41,694	100%

FY2024	Code	Value (SEKm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
OpEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)		0	0%	0%	0%	0%	0%	0%	0%
Of which enabling		0	0%	0%	0%	0%	0%	0%	0%									E
Of which transitional		0	0%	0%															T
3.3 = Manufacture of low carbon technologies for transport	CCM 3.3	25,452	80%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								77%
3.4 = Manufacture of batteries	CCM 3.4	213	1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
3.6 = Manufacture of other low carbon technologies	CCM 3.6	1,054	3%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								4%
3.18 = Manufacture of automotive and mobility components	CCM 3.18	154	1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
OpEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		26,873	85%	100%	0%	0%	0%	0%	0%								81%
A. OpEx of Taxonomy eligible activities (A.1+A.2)		26,873	85%	100%													81%
OpEx of Taxonomy-non-eligible activities		4,861	15%
Total (A+B)		31,734	100%

Volvo

EU Taxonomy summary

EU Taxonomy full disclosure

Revenues

Capital expenditures

Operating expenses