On the Road to Carbon Neutral Vehicles: smart Releases 2024 Sustainability Report
Hangzhou, China, November 7, 2025 — smart Mobility Pte. has published its 2024 Sustainability Report, the fourth annual disclosure covering the company’s environmental, social, and governance (ESG) initiatives. The report tracks progress across five strategic pillars that guide smart’s path to sustainability.
Five Strategic Pillars
- Governance & Ethics
- Sustainable Product
- Climate Action
- Circular Economy
- People & Community
This framework underscores smart’s dedication to sustainable development and its alignment with the United Nations Sustainable Development Goals (SDGs). The brand aims to deliver fully carbon-neutral vehicles by 2045.
Key Achievements in 2024
- Local procurement rate exceeded 95% in both China and Europe, strengthening supply chain decarbonization.
- Over 95% of materials used in mass-produced models are recoverable, advancing circular economy goals.
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 core principle. We integrate ESG considerations deeply into our strategy and continue exploring a path that balances resilience with long-term sustainable value," — Tong Xiangbei, Global CEO of smart.
With each annual report, smart reaffirms its commitment to advancing sustainability across the mobility sector while maintaining a balance between innovation, accountability, and environmental impact.
Author’s Summary
smart’s 2024 Sustainability Report highlights tangible progress toward fully carbon-neutral vehicles by 2045, showcasing strong ESG integration and leadership-driven commitment to sustainable mobility.