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march 19, 2018 - BMW

BMW Group publishes Sustainable Value Report 2017: “For us, sustainability means future viability.”

 The #bmwgroup made significant progress in shaping sustainable mobility in 2017. For the first time, the company sold more than 100,000 electrified vehicles in a single year. Although the percentage of diesel vehicles in Europe decreased, fleet consumption was further reduced – to an average of 122 grams per kilometre. As part of its holistic approach to decarbonisation, a major breakthrough in energy supply was also achieved at the company’s production locations. In 2017, for the first time, 100 percent of the electricity purchased by the #bmwgroup in Europe came from renewable energies. The #bmwgroup also expanded its pioneering role in procurement of relevant raw materials for electromobility in 2017 – for example, by making its cobalt supply chain much more transparent.

The new Sustainable Value Report 2017, which will be published to coincide with the company’s Annual Report on 21 March 2018, provides a detailed overview of all facts and figures. The message is clear: The #bmwgroup is committed to creating sustainable mobility – from suppliers, to production, to the end of the vehicle lifecycle.

“For us, sustainability means future viability – for the #bmwgroup and for society. We know the challenges and are rising to meet them. We develop innovative mobility solutions that create additional value for customers, the company and society,” said Harald Krüger, Chairman of the Board of Management of BMW AG: “The #bmwgroup doesn’t just make project announcements – we also ensure they are implemented.”

By focusing early on electromobility, the #bmwgroup has already earned itself a leading position in the market for electrified vehicles. In an expanded competitive environment, it is the clear leader in registrations of new fully-electric and plug-in hybrid vehicles in Europe, with a market share of 21 percent. The BMW Group’s percentage of the electrified vehicle segment is therefore already three times its market share with traditional models.

This success in selling electrified vehicles also helped the #bmwgroup make further progress in decarbonising its product portfolio in 2017. Despite the decreasing share of diesels in core markets, the #bmwgroup reduced its average CO2 fleet emissions in Europe to 122 grams/kilometre (previous year: 124g/km). Consequently, COemissions are 42 percent lower than they were in 1995. The aim is to achieve a reduction of 50 percent by 2020.

“In line with its holistic sustainability strategy, the #bmwgroup is focusing its climate protection activities not just on products, but also on emissions at its production locations. The BMW Group’s long-term aim is to achieve CO2-free production worldwide”, says Ursula Mathar, head of BMW Group’s Sustainability and Environmental Protection. Another important milestone in this direction was reached in 2017: For the first time in Europe, all purchased electricity came from 100-percent renewable energies. The goal is for all other locations worldwide to follow suit by 2020.

Further information in the press release to download

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