On the Road to Carbon Neutral Vehicles: smart Releases 2024 Sustainability Report
(Nov. 7, 2025, Hangzhou, China) – smart Mobility Pte. Ltd. has published its fourth consecutive Sustainability Report, detailing its 2024 progress in environmental, social, and governance (ESG) initiatives.
Strategic Progress and Key Achievements
The report highlights advances across five strategic pillars: Governance & Ethics, Sustainable Product, Climate Action, Circular Economy, and People & Community. This roadmap aligns with the United Nations Sustainable Development Goals and supports the company’s objective to achieve fully carbon-neutral vehicles by 2045.
- Local procurement rate surpassed 95% in both China and Europe, reinforcing supply chain decarbonization.
- Over 95% of materials used in all mass-produced models are recoverable.
- Continued integration of ESG principles into product design and corporate governance.
Leadership Vision
“As one of the first global automotive brands to transition to an electric-first portfolio, smart has always taken pragmatic innovation as its fundamental principle, deeply integrating ESG considerations into the core of its strategy, and continuously exploring a development path that balances resilience and sustainable value.” — Tong Xiangbei, Global CEO of smart
Commitment to the Future
By maintaining transparent ESG reporting and a structured sustainability framework, smart continues to advance toward its 2045 carbon neutrality goal and demonstrate leadership in sustainable mobility.
Author’s summary: smart’s 2024 Sustainability Report confirms major ESG progress and outlines a clear path toward achieving carbon-neutral vehicles by 2045 through innovation and ethical governance.