General Motors Company

Automobile Manufacturers

$ 33 (0.57)%

Share price

$ 45 bn

Market Cap

$ 143 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.72x the weighted average for S&P 500

FY2022

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -8% weighted average for S&P 500

FY2023

General Motors Company aims to reduce Scope 1 + 2 by 72% by 2035 from a base year 2018

1.5°C/Well-below 2°C

GHG emissions and Carbon intensity

General Motors Company reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 3,545 Kt (+142/+4.2% y-o-y). At the sime time, carbon intensity declined to 23 t (-4.2 /-15.7% y-o-y).

General Motors Company's Scope 3 emissions was down at 272,723 Kt (-13,705 /-4.8% y-o-y). There has been no clear trend lately.

The company is committed to reducing Scope 1 + 2 by 72% by 2035 from a base year 2018, which translates into the estimated reduction of -150 Kt per annum over the period of FY2023 - FY2035. This target has beeen submitted to SBTi.

General Motors Company aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2040. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q4	3,545	1,466	2,079	272,723	156,735	23
2021Q4	3,404	1,253	2,151	286,428	127,004	27
2020Q4	3,814	1,214	2,600	259,731	122,485	31
2019Q4	5,312	1,590	3,722	249,384	137,237	39
2018Q4	5,688	1,764	3,924	264,564	147,049	39
2017Q4	6,041	1,849	4,192	286,310	145,588	42