BMW

Automobile Manufacturers
BMW.DE
€ 71 (3.8)%
Share price
$ 46 bn
Market Cap
$ 135 bn
Enterprise Value

Carbon footprint

6.2 Ton
GHG emissions per $ 1 mln investment
0.16x the weighted average for S&P 500
FY2021
How is this calculated?
+3.2%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

BMW aims to achieve net zero for Scope 1 + 2 by 2050


This target has not been verified as science based according to SBTi
BMW's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

BMW's GHG emissions (market-based) (Kt of CO2e)
BMW's Carbon intensity (Tons per 1 USDm)

BMW's carbon footprint

BMW reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 835 Kt (+26/+3.2% y-o-y). At the sime time, carbon intensity declined to 6.3 t (-0.7 /-10% y-o-y).

BMW's Scope 3 emissions was up at 121,705 Kt (+4,023/+3.4% y-o-y). The growth has slowed compared to the trend since 4Q'14 (CAGR +8.1%).

The company is committed to achieving net zero for Scope 1 + 2 by 2050, which translates into the estimated reduction of -29 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

BMW also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. BMW Group commits to reduce scope 1 and 2 GHG emissions 80% per vehicle produced by 2030 from a 2019 base year.* BMW Group commits to reduce scope 3 GHG emissions from use of sold products 50% per vehicle kilometer by 2030 from a 2019 base year. BMW Group commits to reduce scope 3 GHG emissions from purchased goods & services and upstream transportation & distribution services 22%per vehicle sold by 2030 from a 2019 base year. *The target boundary includes biogenic emissions and removals from bioenergy feedstocks. Auto manufacturers have two near-term target temperature alignments for 1) scope 1 and 2 emissions and 2) scope 3 category 11 emissions from use of sold products.

Company environmental metrics

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