Volvo Trucks seeks a rapid reduction in carbon dioxide emissions

Volvo Trucks seeks a rapid reduction in carbon dioxide emissions

Volvo Trucks is, through Volvo Logistics, challenging its transporters to reduce
carbon dioxide emissions by 20 percent within the next two years.  This
challenge is yet another element in Volvo Trucks' climate strategy which already
aims at, among other things, carbon-neutral production, energy efficiency,
alternative fuel technology and recycling.


“I want the transporters who deliver goods to and from our main factories in
Europe to reduce their carbon dioxide emissions by 20 percent by 2010.  This is
part of our climate strategy,” says Volvo Trucks' President and CEO, Staffan
Jufors.  “Our emissions can be rapidly reduced through a number of measures,
such as reduced fuel consumption, more efficient logistics, the use of biofuels
and the replacement of old vehicles.”

Volvo Trucks already offers a number of products and services whose purpose is
to reduce fuel consumption and, thereby, the environmental impact of Volvo
Trucks' customers.  One example of this is Fuelwatch.

Volvo Logistics is working together with transporters
Volvo Logistics, which is responsible for Volvo Trucks' transports, will develop
a set of concrete measures together with its suppliers. 
“We are prepared to take on the tough challenge that a 20 percent reduction in
carbon dioxide emissions by 2010 implies,” says Åke Niklasson, President of
Volvo Logistics.

In conjunction with the “Logistics & Transport” exhibition in Göteborg, which
takes place from May 20 to 22, Volvo Logistics will present its action plan for
the reduction of carbon dioxide. 

Halved climate impact a common goal
Volvo Trucks announced its challenge in conjunction with the seminar,
“Klimatneutrala godstransporter på väg” (On the Road to Climate Neutral Freight
Transportation).  The seminar was organised together with Schenker, Preem, the
Swedish Road Administration and Chalmers University of Technology, with
participation from Åsa Torstensson, Minister of Infrastructure.  These actors
have a common goal - to halve the climate impact of goods transports by 2020
compared with 2005.  In the long run, the aim is to make goods transports by
road entirely carbon dioxide neutral.

January 22, 2008

For further information, please contact: 

Lennart Pilskog, phone +46 703 183 422, e-mail: lennart.pilskog@volvo.com

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Volvo Trucks provides complete transport solutions for professional and
business-driven customers. The company offers a full range of medium to heavy
duty trucks, with a strong global network of 3,000 service points in more than
130 countries. In 2006 Volvo Trucks sold more than 105,000 trucks worldwide.
Volvo Trucks is a part of the Volvo Group, one of the world's leading
manufacturers of trucks, buses and construction equipment, drive systems for
marine and industrial applications, aerospace components and services. The Group
also provides solutions for financing and service.