Yunnan Aluminium and Volvo Cars (Asia-Pacific) come together to curb carbon footprint in automobile industry

Yunnan Aluminium Co., Ltd. and Volvo Cars (Asia-Pacific) Investment Holding Co., Ltd. have reportedly inked a memorandum of cooperation on the sustainable aluminium value chain.

On November 28, the companies signed the contract at the first China International Supply Chain Promotion Expo in the presence of Chen Debin, deputy general manager of Yunan Aluminum Co., Ltd., and Hans Linn, vice president of R&D of Volvo Car Asia Pacific.

As per the signed cooperation contract, Yunnan Aluminium and Volvo Cars (Asia-Pacific) will support each other’s efforts towards carbon neutrality in peak carbon dioxide emissions. The high-end aluminium alloy ingot producer will supply green aluminium to Volvo Cars (Asia-Pacific), advocating the application of sustainable aluminium in automobile production and ensuring a responsible supply chain for Swedish luxury vehicle manufacturers.

As a key aluminium enterprise in China’s green aluminium development, Yunnan Aluminium actively implements the national green and low-carbon development strategy, leveraging hydropower/clean energy in Yunnan Province. Thus, the company’s products maintain an exceptionally low level of carbon footprint in the industry.

Yunnan Aluminium is the first aluminium enterprise in China to have achieved the ASI standard dual certificate for sustainable operation throughout the value chain, from upstream bauxite to downstream aluminium processing.

As a luxury car brand, Volvo Cars is also committed to improving the climate and reducing carbon emissions. The company aims to become a pure electric luxury car enterprise by 2030 and a global climate zero-load benchmark enterprise by 2040. For a long time, Volvo Cars has been working with upstream and downstream aluminium producers to infuse the low-carbon metal in production and build an environmentally friendly value chain.

This partnership between Yunnan Aluminium and Volvo Cars is expected to set an example in the automobile industry, demonstrating low-carbon production throughout the entire chain of the automobile company.