On the Road to Carbon-Neutral Vehicles: smart Releases 2024 Sustainability Report
(Nov. 7, 2025, Hangzhou, China) — smart Mobility Pte. announced the release of its 2024 Sustainability Report, representing the company’s fourth consecutive annual ESG disclosure. The document details progress across five key strategic pillars: Governance & Ethics, Sustainable Product, Climate Action, Circular Economy, and People & Community.
The report highlights that smart achieved a local procurement rate exceeding 95% in both China and Europe, a crucial step toward decarbonizing its supply chain. Additionally, over 95% of materials used in the company’s mass-produced models are recoverable, showcasing its dedication to sustainable production and resource efficiency.
“As one of the first global automotive brands to transition to an electric-first portfolio, smart has always taken pragmatic innovation as its guiding principle. We deeply integrate ESG values into our core strategy, continuously exploring ways to achieve both resilience and sustainable growth.”
— Tong Xiangbei, Global CEO of smart
Through its systematic ESG framework, smart underscores its alignment with the United Nations Sustainable Development Goals (SDGs) and reaffirms its long-term goal to deliver fully carbon-neutral vehicles by 2045.
Author’s Summary
smart’s 2024 Sustainability Report highlights strong progress in ESG performance, local procurement, and sustainable manufacturing as it moves toward carbon-neutral mobility by 2045.