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BMW Group named sector leader in Dow Jones Sustainability Indices 2020.

World’s most sustainable automotive company.

Corporate
·
Sustainability
 

Munich. The BMW Group has taken first place in the “Automobiles” category of the latest rating published by S&P Dow Jones Indices for the Dow Jones Sustainability Indices World and Europe (DJSI), earning 80 out of a possible 100 points. The BMW Group is therefore listed as the most sustainable automotive company in the world and is the only automobile manufacturer to be consistently named among the industry leaders since the Dow Jones Sustainability Indices were created.

 

A total of 39 companies from the automotive industry were evaluated in 2020. The results showed that the BMW Group has improved in all three areas of evaluation (Governance & Economic, Environmental, Social dimensions).

 

“The fight against climate change and how we use resources will decide the future of our society – and, also, of the BMW Group. For this reason, we have made sustainability and resource efficiency the centre of our business alignment and anchored this approach in all divisions. We see this as an important building block for successfully shaping our future, since our business model and sustainability are inseparable for us,” said Oliver Zipse, Chairman of the Board of Management of BMW AG.

 

The BMW Group's current sector leadership in the Dow Jones Sustainability Indices reflects the continuous improvements the company has already implemented in recent years. For example, across its international production network, the BMW Group has reduced energy consumption per vehicle produced by 40 percent and CO2 emissions by about 70 percent since 2006. All production locations obtain their electricity exclusively from renewable sources. The BMW Group also reduced CO2 emissions from its new vehicles sold in Europe by around 42 percent between 1995 and 2019. The company has systematically built high environmental and social standards into its supply chain management and is a leader in this field.

 

It is now taking the next step in the fight against climate change and towards responsible resource management. The BMW Group just presented its new strategic direction for sustainability in July.

 

The company is setting itself clear targets for CO2 reduction up to 2030. What is new is that these goals extend for the first time throughout the entire lifecycle: from the supply chain through production to the end of the use phase. The aim is to reduce CO2 emissions per vehicle by at least one third overall. For the 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 tonnes of CO2 throughout their lifecycle by 2030.

 

The BMW Group is now seeking to reduce its emissions from production (Scope 1+2) by a further 80 percent from 2019 levels by 2030. CO2 emissions will then be less than 10 percent of what they were in 2006.

 

In addition to sourcing 100-percent green power from 2020 on, the BMW Group will systematically invest in optimising its energy efficiency. The remaining CO2 emissions from production worldwide will be offset using appropriate certificates. This means BMW Group production will be climate-neutral at all its plant locations from 2021.

 

The aim is to reduce CO2 emissions from BMW Group vehicles by 40 percent per kilometre driven by 2030. This will be achieved through massive expansion of e-mobility. In ten years, there should be a total of more than seven million electrified BMW Group vehicles on the roads – around two thirds of them with a fully-electric drive train.

 

The BMW Group will also reduce its supply chain CO2 emissions per vehicle by 20 percent from 2019 levels. A supplier’s carbon footprint will be established as a decision criterion in the contract award processes going forward. The company leads the way as the first automobile manufacturer to set concrete CO2 targets for its supply chain.

The BMW Group is firmly committed to the Paris Climate Agreement. These new targets put the company on a course that is significantly more ambitious than the two-degree goal.

 

If you have any questions, please contact:

 

BMW Group Corporate Communications

 

Kai Zöbelein

Press spokesperson Sustainability, Urban Mobility

Telephone: +40-89-382-21170

Mailto: Kai.Zoebelein@bmw.de

Media website: www.press.bmw.de

 

The BMW Group

 

With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. The BMW Group production network comprises 31 production and assembly facilities in 15 countries; the company has a global sales network in more than 140 countries.

 

In 2019, the BMW Group sold over 2.5 million passenger vehicles and more than 175,000 motorcycles worldwide. The profit before tax in the financial year 2019 was € 7.118 billion on revenues amounting to € 104.210 billion. As of 31 December 2019, the BMW Group had a workforce of 126,016 employees.

 

The success of the BMW Group has always been based on long-term thinking and responsible action. The company has therefore established ecological and social sustainability throughout the value chain, comprehensive product responsibility and a clear commitment to conserving resources as an integral part of its strategy.

 

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CO2 emission information.

The following applies to consumption figures for vehicles with new type approval, September 2017 onward: The figures for fuel consumption, CO2 emissions and energy consumption are obtained in accordance with the specified measuring procedure (EC Regulation No. 715/2007), as issued and amended. The figures are for a basic-version vehicle in Germany. The bandwidths allow for differences in the choice of wheel and tire sizes and items of optional equipment and can be changed by the configuration.

Obtained on the basis of the new "Worldwide harmonized Light vehicles Test Procedure" (WLTP), the figures are converted back to the "New European Driving Cycle" (NEDC) for the sake of comparability. Values other than those stated here may be used for the purposes of taxation and for other vehicle-related duties relating to CO2 emissions.

More information about official fuel consumption figures and the official specific CO2 emissions of new passenger cars can be obtained from the "guideline on fuel consumption, CO2 emissions and current consumption of new passenger cars", available here: https://www.dat.de/co2/.

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