Overview
- Location
Germany
- Sector
Transport manufacture, management and services
- Organisation type
- Business
Company Information
The BMW Group is a publicly listed car manufacturing company in the automotive industry, headquartered in Munich, Germany. In 2021, BMW Group reported a total of 118,909 employees worldwide and a group revenue of 111.2 billion Euro.*
*Source (20/05/2022)
Our progress towards decarbonization
GHG Emissions
North Star
- BMW AG has a target to reduce intensity of scopes 1 and 2 CO2e emissions 80% per vehicle produced by 2030 from a base year of 2019
Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022
How we want to achieve this – our roadmap
- Have an internal price on carbon
- Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
- Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022
Energy
North Star
- BMW AG has a company-wide target to consume 100% of electricity from renewable sources by 2050 from a baseline of 42.0% renewable electricity consumption in 2015
Pledge: Have a target for 100% renewable electricity consumption by no later than 2050, in line with the RE100 technical criteria
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022
Governance & Strategy
North Star
- BMW AG have a publicly available 1.5°C aligned low-carbon transition plan
Pledge: Have a publicly available 1.5°C aligned low-carbon transition plan
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022
How we want to achieve this – our roadmap
- Publicly disclose climate and environmental data to investors and customers through a public platform
- Have board-level oversight of climate-related issues
- Have a process for identifying, assessing, and responding to climate-related risks and opportunities
- Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals
Pledge: Have a publicly available 1.5°C aligned low-carbon transition plan
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022
Buildings
Our actions – the Pathway
- Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022
Value chain engagement
North Star
- BMW AG has a supplier engagement target to get 80.0% of its suppliers by procurement spend to set a science-based emission reduction target
Pledge: Have a supplier engagement target in order to reduce scope 3 GHG emissions, to get a share of our suppliers by procurement spend set science-based GHG emissions reduction targets in line with the SBTi Criteria and Recommendations
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022
How we want to achieve this – our roadmap
- Have an ongoing and transparent dialogue with our value chain around climate-related issues
- Have a supplier/customer engagement strategy to drive best practices in tackling environmental and climate-related issues
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022