The BMW Group is making significant strides towards a greener future, with a strong focus on reducing CO2 emissions across its vehicle fleet and achieving a fleet-wide reduction to 102.1g/km in the EU. By accelerating its electrification strategy, aiming for a 40% reduction in CO2 per vehicle by 2030, and targeting climate neutrality across its value chain by 2050, the BMW Group is leading the automotive industry in environmental responsibility.
What is BMW Group’s strategy for a greener future?
The BMW Group is advancing towards a greener future by:
- Pledging to reduce fleet-wide CO2 emissions, achieving a reduction to 102.1g/km in the EU.
- Accelerating its electrification strategy, with 376,183 electric vehicles sold in 2023.
- Enhancing efficiency in combustion engines and aiming for a 40% reduction in CO2 per vehicle by 2030.
- Targeting climate neutrality across its value chain by 2050.
Commitment to Lowering Emissions
The BMW Group has made a powerful pledge to the future of mobility with its unwavering commitment to reducing CO2 emissions across its vehicle fleet. This steadfast focus aligns with the overall aspiration to meet and exceed the stringent CO2 reduction targets set for the Group. In the latest reports, the BMW Group has made significant progress, demonstrating their commitment to a sustainable future with a noteworthy decrease in fleet-wide emissions, from 105 grams to 102.1 grams per kilometre in the European Union, based on the WLTP (Worldwide Harmonized Light Vehicles Test Procedure) for 2023.
Electrification as a Catalyst for Change
The success story of the BMW Group’s quest to reduce emissions is highly attributed to the aggressive electrification strategy. In the year 2023, a remarkable sales milestone was achieved with 376,183 pure electric vehicles finding new homes globally. This staggering 74.4 per cent increase from the previous year signals a paradigm shift in consumer preference and a robust endorsement of the Group’s electric offerings. The company is geared up to continue this trailblazing journey with over 15 pure electric models currently available, and aims for electric vehicles to make up one in five of all new BMW cars sold in 2024.
Holistic Approach to Sustainability
With a holistic view of sustainability, the BMW Group is not only focusing on the transition to electric vehicles but also improving the efficiency of its conventional combustion engines. The upgrades rolled out in autumn 2022 serve to further enhance engine efficiency, contributing to the Group’s overarching goal of slashing CO2 emissions by at least 40 per cent per vehicle by 2030, taking 2019 as the baseline. The vision extends across the value chain, encompassing the supply chain, production, and use phase, with the ultimate ambition of achieving climate neutrality by 2050.
A Brighter, Cleaner Future
The strategy is clear, and the BMW Group is setting the pace for the automotive industry’s environmental responsibility. By integrating emission-reducing practices into every aspect of their operations, they are leading the charge towards a cleaner, more sustainable future. With ongoing advancements in electric vehicle technology, improvements in internal combustion engines, and a comprehensive approach to reducing emissions, the BMW Group is on a steadfast path toward achieving its ambitious environmental goals, ensuring a greener planet for generations to come.
How has BMW Group reduced CO2 emissions in its vehicle fleet?
The BMW Group has reduced CO2 emissions across its vehicle fleet to 102.1g/km in the EU, showcasing a significant decrease from previous levels. This reduction is a result of the company’s commitment to efficiency improvements in combustion engines, as well as the accelerated electrification strategy with a focus on electric vehicles.
What is the BMW Group’s target for CO2 reduction per vehicle by 2030?
The BMW Group is aiming for a 40% reduction in CO2 emissions per vehicle by 2030, taking 2019 as the baseline year. This goal aligns with the company’s overarching strategy to enhance the sustainability of its vehicle offerings and contribute to a greener future.
How many electric vehicles did the BMW Group sell in 2023?
In 2023, the BMW Group sold a total of 376,183 electric vehicles globally, marking a substantial increase from previous years. This milestone underscores the success of the company’s electrification strategy and the growing consumer demand for electric vehicles in the market.
What is BMW Group’s long-term goal for climate neutrality?
The BMW Group has set a target to achieve climate neutrality across its entire value chain by 2050. This ambitious goal demonstrates the company’s commitment to environmental sustainability and underscores its position as a leader in the automotive industry’s drive towards a cleaner, greener future.
