Mercedes-Benz to cut CO2 emissions by more than 50% in 2030

mercedes-benz-to-cut-CO2-emissions-by-50-percent

Mercedes-Benz sets an ambitious target as it announces that the company looks to cut its CO2 emissions by more than 50 percent by the end of this decade. The announcement came at Mercedes’ first digital ESG (Environment, Social, and Governance) Conference for investors and analysts.

KEY TAKEAWAYS

  • How much of its CO2 emissions can Mercedes-Benz cut by 2030?

    According to Mercedes-Benz, it can cut its CO2 emissions to more than 50% by 2030.
  • Where did Mercedes make the announcement?

    Mercedes made the announcement at its first digital ESG (Environment, Social, and Governance) Conference.
  • “The desire for individual mobility keeps growing. Our mission is to meet this need in a sustainable way. Mercedes-Benz has a clear roadmap on how to become carbon-neutral. By 2030, we want to reach the halfway mark. In order to make faster progress in protecting the climate we need maximum dedication and more collaboration among governments, companies, and society as a whole,” said Mercedes-Benz Group Chairman of the Board of Management Ola Källenius.

    According to the German automobile brand, the key to cutting its CO2 emissions by half lies in several key factors such as electrifying its vehicle fleet, charging with green energy, improving battery technology, and extensively using recycled materials and renewable energy in production. Through these key points, Mercedes-Benz plans to cover more than 70 percent of its energy needs through renewable sources, allowing it to drop its CO2 emissions and meet its personal target.

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    As of this year, the Stuttgart-based automaker has been producing CO2-neutrally in all of its own plants. In addition, to using “green” raw materials in the production of its vehicles, Mercedes-Benz is also increasing the transparency and is taking appropriate measures in relation to 24 raw materials with deemed elevated risk.

    The company also aims to further expand the production of renewable energy by rolling out solar and wind power at all sites.

    Photos from Mercedes-Benz

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