BMW Group
Automobiles & Auto Parts
Company Summary
BMW AG is a global leader in luxury automobiles that has made significant strides in sustainability, particularly through its electric vehicle (EV) initiatives and commitment to carbon neutrality by 2050. The company’s ESG rating is supported by its focus on energy efficiency, sustainable materials, and improving manufacturing processes to reduce its environmental footprint. BMW faces challenges related to the high carbon emissions of some of its traditional models and ethical sourcing of raw materials, particularly in its supply chain for battery production. Despite these concerns, BMW remains focused on creating more eco-friendly vehicles and further improving its ESG performance. For more details, refer to the BMW ESG report. When it comes to BMW ESG rating, they have a medium ESG risk, medium exposure to material ESG issues, and a strong score in managing those ESG issues. The company faces specific material ESG issues related to human capital, business ethics, and product governance. They have had controversies regarding human rights, intellectual property, business ethics, environmental impact of products, and anti-competitive practices. Their sustainability targets include a decarbonisation target by 2050, and their net zero emissions goals are in line with the Paris Agreement. Clean Water and Sanitation, Affordable and Clean Energy, and Reduced Inequalities are the sustainable development goals that the company is aligned with so far. To learn more about their ESG investments, performance, management challenges, and their focus on employees, the environment, and society, download the latest ESG report above.
ESG Rating Overview
Sustainalytics
Overall ESG Rating :
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
BMW is a leader among 67 companies in the automobiles industry.
Temperature Rise :
News from BMW Group
BMW and Toyota to Launch Hydrogen FCEVs by 2028
BMW Group Wraps Up €8b Sustainable Credit Deal
Pyrum Conducts Pilot Project in Saarland, Germany, with BMW Group to Recycle Tyres
BMW's Picker Pals Programme helps Environmental Change
BMW Increases Renewable Energy Investments to Reduce Natural Gas Dependency
FAQ
What is BMW's ESG score?
BMW has a high ESG score of 79/100 (MSCI), excelling in environmental sustainability and governance but with some room for improvement in social responsibility.
How does BMW promote sustainability?
BMW has committed to reducing its CO2 emissions per vehicle by 40% by 2030 and aims for carbon neutrality by 2050. The company is heavily invested in electric mobility, producing vehicles like the BMW i4 and iX. BMW also focuses on recycling materials and reducing energy consumption in its production processes.
What social initiatives is BMW involved in?
BMW supports education, safety, and community development initiatives. It promotes STEM education through partnerships and invests in diversity and inclusion programs within the company, aiming for gender parity in leadership positions by 2025.