MOBILIZING DEVELOPMENT

45 Mobilizing Sustainable Transport for Development
Martin Lundstedt
Co-Chair of the High-
Level Advisory Group on
Sustainable Transport
President
AB Volvo
and Chief Executive Officer
Volvo Group
Göteborg, Sweden
Martin Lundstedt joined Volvo in 2015 as President of AB
Volvo and Chief Executive Officer of the Volvo Group. He
began his business career in 1992 when he joined Scania
and has since then held various managerial positions
within Scania and was the President and CEO from
2012 to 2015. He holds a Master of Science in Industrial
Management and Technology from Chalmers University
of Technology.
SUSTAINABLE TRANSPORT SHOWCASE:
Legal name
Sector
Headquarter location
Founding year 1927
AB Volvo
Automotive
Göteborg, Sweden
Number of employees Approximately 100,000
Website
www.volvogroup.com
The Volvo Group is one of the world’s leading
manufacturers of trucks, buses, construction equipment,
and marine and industrial engines. Volvo Group also
provides complete solutions for financing and service. It
operates under multiple product brands.
The Volvo Group, which employs about 100,000 people, has
production facilities in 18 countries and sells its products in
more than 190 markets. It is the company’s mission to drive
prosperity through transport solutions. In 2015, the Volvo
Group’s sales amounted to about €33.4 billion.
In 2010, the Volvo Group became the world’s first
automotive industry manufacturer approved by the
World Wide Fund for Nature (WWF) to participate in
its Climate Savers program. Between 2009 and 2014,
the Volvo Group successfully managed to reduce the
total lifetime CO 2
emissions from products sold during
this period by more than 50 million tons as well as CO 2
emissions from its production plants by 0.5 million tons
(23%), compared with 2008.
In 2014, the Volvo Group renewed its commitment
to Climate Savers and is still the only automotive
manufacturer that is a member of the program. The
Volvo Group aims to accelerate progress during the
2015-2020 program period. In addition to reducing
emissions from its own products and production, the
Volvo Group is committed to push the reduction of
carbon emissions across the automotive industry. The
commitment includes hosting the Construction Climate
Challenge (CCC) that aims to create a dialogue between
construction industry representatives, academia and
politicians and address mutual projects for improvement.