General Motors Company
Primary Climate Goal
General Motors Company's target annual Scope 1 + 2 emissions for 2035 should be equal to 1,593 Kt = 72% * 5,688 Kt, according to the company's stated climate goal.
In order to achieve this goal, General Motors Company would need to reduce its emissions at least by -150 Kt per annum over the period from 2023 to 2035:
-150 Kt = ( 1,593 Kt - 3,545 Kt ) / (2035 - 2022)
This translates into a -4.2% reduction in 2023.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
General Motors Company aims to reduce Scope 1 + 2 by 72% by 2035 from a base year 2018
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
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 (
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.