MIL OSI Translation. Region: Germany / Deutschland –
Source: BMW Group Munich. In the rating recently published by S&P Dow Jones Indices for the Dow Jones Sustainability Indices World and Europe (DJSI), the BMW Group took first place in the “Automobiles” category with 80 out of 100 possible points. The BMW Group is listed as the most sustainable automobile manufacturer in the world. Since the Dow Jones Sustainability Indices were set up, the BMW Group has been the only automobile manufacturer that has consistently been among the top group in its industry over the years.
A total of 39 companies from the automotive industry were assessed in 2020. According to the results, the BMW Group has improved in all three areas of the assessment (Governance & Economic, Environmental, Social Dimension).
“The fight against climate change and our use of resources will determine the future of our society – and thus also of the BMW Group. That is why we have placed sustainability and resource conservation at the center of our corporate strategy and anchored them in all departments. We see this as an essential component in successfully shaping our future, because business model and sustainability are inseparable for us, ”said Oliver Zipse, Chairman of the Board of Management of BMW AG.
The current industry leadership in the Dow Jones Sustainability Indices is based on the continuous improvements that the BMW Group has already implemented in recent years. In its international production network, the company has reduced energy consumption by 40 percent and CO2 emissions by around 70 per vehicle produced since 2006. Electricity is exclusively obtained from renewable sources for all production sites. In addition, between 1995 and 2019, the BMW Group reduced the CO2 emissions of its newly sold vehicles in Europe by around 42 percent. In addition, the company has consistently anchored high environmental and social standards in its supply chain management and is a pioneer in this area.
The company is now also taking the next step in the fight against climate change and the responsible use of resources. The BMW Group only presented its strategic realignment in the area of sustainability in July.
The company is setting itself clear goals for reducing CO2 by the year 2030. What is new is that, for the first time, goals are being set over the entire life cycle from the supply chain through production to the end of the usage phase. Overall, the CO2 emissions per vehicle are to be reduced by at least a third. For a fleet of over 2.5 million vehicles produced by the BMW Group in 2019, this would correspond to a reduction of more than 40 million tons of CO2 over the life cycle in 2030.
In production, the BMW Group’s emissions (Scope 1 + 2) are to be reduced by another 80 percent from 2019 to 2030. Compared to 2006, less than 10 percent of the original CO2 emissions remain.
In addition to purchasing 100 percent green electricity from 2020, the BMW Group will consistently invest in optimizing its energy efficiency. In addition, the remaining emissions from global production are to be offset by using appropriate certificates. This means that all BMW Group plants will produce in a climate-neutral manner from 2021.
By 2030, the CO2 emissions of BMW Group vehicles are to be reduced by 40 percent per kilometer driven. This will be achieved through a massive expansion of e-mobility: In ten years, a total of more than seven million electrified vehicles from the BMW Group will be on the road – around two thirds of them with fully electric drives.
The BMW Group will also reduce CO2 emissions per vehicle in the supply chain – by 20 percent compared to 2019. The CO2 footprint of suppliers will in future be established as an award criterion in the decision-making processes. The company is thus taking on a pioneering role as the first automobile manufacturer with specific CO2 targets for its supply chain. The BMW Group is clearly committed to the Paris Climate Agreement. With the newly set goals, the company is embarking on a course that is significantly more ambitious than the two-degree target.
If you have any questions, please contact: BMW Group Corporate Communications
Kai ZöbeleinPress Spokesman Sustainability, Urban MobilityPhone: + 40-89-382-21170Mailto: Kai.Zoebelein@bmw.deInternet: www.press.bmw.de
The BMW Group
With its brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and a provider of premium financial and mobility services. The BMW Group production network comprises 31 production and assembly sites in 15 countries; the company has a global sales network with representatives in over 140 countries.
In 2019, the BMW Group achieved worldwide sales of more than 2.5 million automobiles and over 175,000 motorcycles. Earnings before taxes in the 2019 financial year amounted to € 7.118 billion and sales to € 104.210 billion. As of December 31, 2019, the company employed 126,016 people worldwide.
Long-term thinking and responsible action have always been the basis of the BMW Group’s economic success. The company has firmly anchored ecological and social sustainability along the entire value chain, comprehensive product stewardship and a clear commitment to conserving resources in its strategy.
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EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.