BMW Group, a leading automotive company, has unveiled its strategic direction towards sustainability and resource efficiency. The company aims to significantly reduce CO2 emissions per vehicle by at least one third by 2030, covering the entire lifecycle from supply chain to end-use phase. Chairman Oliver Zipse emphasizes the importance of taking responsibility and making sustainability central to BMW’s operations. The company plans to lower CO2 emissions from production and sites by 80% and aims to have over seven million electrified vehicles on the roads, two-thirds of them fully electric, within the next decade. BMW also focuses on reducing CO2 emissions in its supply chain and implementing circular economy practices for responsible resource management.
In a recent announcement, Oliver Zipse, Chairman of the Board of Management of BMW AG, revealed the BMW Group’s commitment to prioritizing sustainability and resource efficiency as the company’s core strategic focus. The automotive giant has a longstanding history of setting sustainability benchmarks, and it aims to maintain its position as a leader in this area. Zipse emphasized the company’s responsibility as a premium car manufacturer to take the lead in driving sustainability efforts and making them integral to its future direction.
The BMW Group has set clear targets for reducing CO2 emissions throughout the entire lifecycle of its vehicles until 2030. These targets encompass the supply chain, production, and the end-use phase. The company aims to achieve a significant reduction of at least one-third in CO2 emissions per vehicle across its entire range. Considering the production of approximately 2.5 million vehicles in 2019, this translates to a reduction of over 40 million tonnes of CO2 by 2030.
To ensure accountability and progress, both the Board of Management and executive management will be measured against these sustainability targets. The BMW Group will publish an integrated report from next year, encompassing financial figures, general business development, and updates on sustainability goals. This increased transparency aims to reinforce the inseparable connection between the company’s business model and sustainability, while also inviting external scrutiny.
The BMW Group aims to lower CO2 emissions from its production and sites by an impressive 80 percent by 2030 compared to 2019 levels. With a strong focus on energy efficiency and digitalization, the company plans to optimize its energy consumption and expand the use of renewable energy sources. Additionally, the BMW Group intends to fully offset its remaining CO2 emissions through appropriate certificates from 2021 onwards.
The company’s ambitious goal is to reduce CO2 emissions from vehicles by 40 percent per kilometer driven. This objective will be achieved primarily through a comprehensive product strategy centered around electrification. By 2030, the BMW Group plans to have over seven million electrified vehicles on the roads, with approximately two-thirds of them featuring fully-electric drivetrains.
The BMW Group has made significant progress in the realm of electrification, offering five fully-electric production vehicles by the end of 2021. Furthermore, it will have 25 electrified models in its lineup by 2023, half of which will be fully electric. Leveraging its technological expertise in both hardware and software, the company aims to create desirable vehicles that actively contribute to CO2 reduction.
Recognizing the importance of the supply chain in reducing CO2 emissions, the BMW Group has established concrete targets for its 12,000 tier 1 partners worldwide. These suppliers provide materials, components, and production equipment. The company intends to lower CO2 emissions per vehicle by 20 percent from 2019 levels by incorporating a supplier’s carbon footprint as a decisive criterion in its contract award processes. The BMW Group is actively promoting sustainability throughout its entire supply chain, ensuring the most sustainable practices in the industry.
In addition to reducing CO2 emissions, the BMW Group is committed to responsible resource management and advancing the circular economy. By increasing the use of secondary materials, the company aims to significantly raise the share of recycled materials in its vehicles by 2030. This will contribute to substantial reductions in CO2 emissions and the conservation of finite resources.
Through various initiatives, such as developing battery recycling methods and employing digital tools like blockchain technology, the BMW Group is actively working to track and verify global goods flows. The company is committed to transparently and efficiently managing resources, including critical raw materials, while exploring innovative solutions throughout the entire value chain.
As the BMW Group sets new standards for sustainability, it positions itself as a role model within the automotive.