On the Road to Carbon Neutral Vehicles: smart Releases 2024 Sustainability Report
(Nov. 7, 2025, Hangzhou, China) — smart Mobility Pte. has published its 2024 Sustainability Report, representing its fourth consecutive annual ESG disclosure. The report outlines the brand’s progress toward the goal of achieving carbon-neutral vehicles by 2045.
Five Strategic Pillars of Progress
The company’s sustainability work is organized around five strategic pillars:
- Governance & Ethics
- Sustainable Product
- Climate Action
- Circular Economy
- People & Community
This framework reflects smart’s dedication to responsible innovation and its contribution to the United Nations Sustainable Development Goals (SDGs).
Key Achievements and Initiatives
smart reported a local procurement rate exceeding 95% in both China and Europe, supporting its broader effort to decarbonize the value chain. The company also noted that more than 95% of materials used in its mass-produced models can be recovered or recycled, reinforcing its commitment to circular economy principles.
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
Conclusion
The 2024 Sustainability Report underlines smart’s consistent efforts in shaping a responsible, forward-looking automotive future centered on environmental stewardship and social responsibility.
Author Summary: The 2024 report highlights smart’s measurable progress toward a carbon-neutral future, emphasizing its strong ESG structure and locally-driven, sustainable operations.