BMW Group sets ambitious goal to reduce CO2 emissions by 2030
The BMW Group is underpinning its mission for sustainable mobility with ambitious goals for the reduction of greenhouse gases. At today’s Annual General Meeting, the company announced that it will avoid emission of over 200 million tonnes of CO2 by 2030. This is equivalent to more than 20 times the annual CO2 emissions of a city with over a million inhabitants, like Munich.
“A climate-friendly car is not created solely by using green power. We must design our vehicles for sustainability from the very first day of development: reducing the amount of material used to manufacture them and, above all, planning for reuse and recycling from the very beginning. In the face of rising raw material prices, this is not just an environmental, but also a business imperative,” said Oliver Zipse, Chairman of the Board of Management of BMW AG, at the Annual General Meeting in Munich on Wednesday. “The technology for this is extremely demanding: That is why we want to lead the way on the circular economy and play a pioneering role. We are already working on quotas for the use of secondary material in our “Neue Klasse” that are both concrete and ambitious to meet our high standards.