The BMW Group has set a new 2035 climate target, with the carmaker seeking to reduce its CO2e emissions by at least 60 million metric tonnes compared to 2019 levels, with the goal of achieving net zero by 2050.
BMW said that this new target eyes an addition reduction of approximately 20 million tonnes of CO2e beyond its existing 2030 target, of 40 million tonnes.
It described the new 2035 target as a ‘logical next step on this road toward advancing decarbonisation‘, adding that it also plan to ‘drastically’ reduce the climate impact of its business model.
According to the group, by the mid part of the next decade, each euro it generates will see less than half as much CO2e emitted compared to 2019.
‘The key measures for achieving these results include the increasing use of renewable energies in production and the supply chain, the increased utilisation of secondary raw materials, efficiency improvements in the use phase, as well as product and process innovations,’ the company said in a statement.
‘The latter are being implemented across all drive variants as part of the BMW Group’s technology-neutral approach. In addition, an increasing proportion of the vehicle fleet will continue to be electrified.
According to BMW, growth in customer demand for electric vehicles will not be sufficient to achieve its 2030 and 2035 targets, prompting a more ‘comprehensive approach’ to reducing emissions that spans the entire vehicle life cycle.
As part of this, supply-chain emissions, particularly from components such as high-voltage batteries, aluminum and steel, will be a major focus, while BMW also intends to use more secondary materials and renewable energy within its supplier processes.’
