The Volvo Group will join the World Wide Fund for Nature's (WWF) Climate Savers Program. As a WWF partner, the Volvo Group's truck companies undertake to reduce carbon dioxide (CO2) emissions from vehicles manufactured between 2009 and 2014 by 13 million tons.
WWF is an environmental organization whose vision is to stop the degradation of the planet's natural environment and build a future in which humans live in harmony with nature.
The Climate Savers Program is mobilizing multinational companies to cut their emissions of CO2. The Climate Savers companies promise to reduce their CO2 emissions in accordance with an agreement between the WWF, the company, and independent technical experts. The agreed goal must be more ambitious than what the company has planned before, and also means that the company will lead its own industry in reduction of greenhouse gases.
The agreement between The Volvo Group and WWF will apply for the Volvo Group's truck companies Mack Trucks, Volvo Trucks, Renault Trucks, and UD Trucks. It states that:
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The total amount of CO2 emitted during their lifetime by trucks manufactured and sold between 2009 and 2014 will be cut by 13 million tons compared with 2008 models by introduction of cutting-edge fuel economy technologies. The amount equals the total amount being emitted from Sweden in three months.
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Volvo will produce a truck prototype with 20% lower fuel consumption than the equivalent 2008 model.
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Volvo will be able to offer trucks in the commercial market that run on renewable gas before 2014.
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The Volvo Group will also reduce CO2 emissions from its production plants by 0.5 million tons (12%) before 2014, compared with 2008.