BMW

Automobile Manufacturers
BMW.DE
€ 105 0.75
Share price
$ 75 bn
Market Cap
$ 162 bn
Enterprise Value

Carbon footprint

4.9 Ton
GHG emissions per $ 1 mln investment
0.14x the weighted average for S&P 500
FY2022
How is this calculated?
-5.9%
YOY change in GHG emissions
Weaker than the +0.5% weighted average for S&P 500
FY2022 vs. previous year

Primary Climate Goal

-3.6%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -8.2% weighted average for S&P 500
FY2023
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 2022 at 785 Kt (-49 /-5.9% y-o-y). Also positively, carbon intensity decreased to 5.2 t (-1.1 /-17.5% y-o-y).

BMW's Scope 3 emissions declined to 116,587 Kt (-5,119 /-4.2% y-o-y). The time series has been volatile over the last few periods.

The company is committed to achieving net zero for Scope 1 + 2 by 2050, which translates into the estimated reduction of -28 Kt per annum over the period of FY2023 - 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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