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BMW Group makes sustainability and resource efficiency central to its strategic direction and presents its key targets to hit in 2030.

29 Jul 2020 | International News : Germany

The BMW Group is making sustainability and resource efficiency central to the company’s strategic direction. Chairman of the Board of Management Oliver Zipse announced initial details of this strategic direction in Munich and presented the targets the company has set itself for the phase up to 2030.

For the first time, these targets extend throughout the entire lifecycle from the supply chain, through production to the end of the use phase. The aim is to significantly reduce CO2 emissions per vehicle by at least one third across the entire spectrum.

BMW Group aims for the most sustainable supply chain industry wide
Starting next year, the BMW Group will publish its financial figures and general business development in an integrated report that will also include updates on its sustainability goals. The BMW Group is basing its goals on the guidelines of the recognised Science-Based Targets Initiative, which it will also join.

The objective is to reduce CO2 emissions from vehicles by 40% per km driven. The main lever here is a far-reaching product strategy with massive expansion of e-mobility. In 10 years, the goal is to have a total of more than seven million electrified BMW Group vehicles on the roads. 

The BMW Group can directly influence the CO2 emissions of its own plants and sites, where it already sets the benchmark for the efficient management of resources. Having already lowered emissions per vehicle produced by more than 70% since 2006, the BMW Group now aims to reduce its emissions by a further 80% from 2019 levels by 2030. In addition to sourcing 100% green power as of this year, the BMW Group will systematically invest in optimising its energy efficiency and using the possibilities enabled by digitalisation. 

The circular economy plays a particularly crucial role when it comes to high-voltage batteries for electrified vehicles, which use a number of critical raw materials. Although the European Union currently requires a recycling rate of only 50% for high-voltage batteries, the BMW Group has partnered with German recycling specialist Duesenfeld to develop a method that can achieve a recycling rate of up to 96% including graphite and electrolytes. The BMW Group already takes back all used BMW high-voltage batteries worldwide even though there is no legal requirement to do so.
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