Mercedes-Benz Group

Automobile Manufacturers
- -%
Share price
$ - bn
Market Cap
$ - bn
Enterprise Value

Carbon footprint

YOY change in GHG emissions
In line with the -11% weighted average for S&P 500
FY2022 vs. previous year

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)
How is this calculated?

Mercedes-Benz Group aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2018

This target is most likely outdated and the company appears to have already achieved it
This target has not been verified as science based according to SBTi
Mercedes-Benz Group's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

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

Mercedes-Benz Group's carbon footprint

Mercedes-Benz Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 663 Kt (-484 /-42.2% y-o-y). Also positively, carbon intensity declined to 4.2 t (-3 /-41.7% y-o-y).

Mercedes-Benz Group's Scope 3 emissions was down at 97,164 Kt (-1,162 /-1.2% y-o-y). The rate of decline has slowed compared to the trend since 4Q'20 (CAGR -1.7%).

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2018, which it appears to have already achieved as of 2022. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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