On the Road to Carbon Neutral Vehicles smart Releases 2024 Sustainability Report

On the Road to Carbon Neutral Vehicles: smart Releases 2024 Sustainability Report

(Nov. 7, 2025, Hangzhou, China) – smart Mobility Pte. has released its 2024 Sustainability Report, marking the fourth consecutive annual disclosure on environmental, social, and governance (ESG) performance. The report highlights the company’s continuing progress toward achieving fully carbon-neutral vehicles by 2045.

Commitment to Sustainability

smart’s 2024 report outlines advancements across five strategic pillars: Governance & Ethics, Sustainable Product, Climate Action, Circular Economy, and People & Community. This structured framework reflects the brand’s commitment to the United Nations Sustainable Development Goals and to integrating ESG principles into all areas of its business.

Key Achievements

Local procurement rate exceeding 95% in both China and Europe, supporting supply chain decarbonization.
Over 95% of materials in all mass-produced models are recoverable, reinforcing the firm’s circular economy goals.
Pragmatic innovation continues to guide product design and sustainability strategies.

Leadership Perspective

“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

Through these actions, smart demonstrates consistent progress in reducing environmental impact while fostering community and ethical governance initiatives across its global operations.

Author’s Summary

smart’s 2024 sustainability report underscores its integrated approach to ESG principles, emphasizing innovation, local sourcing, and a concrete path toward carbon neutrality by 2045.

smart Europe — 2025-11-07