Daimler Truck Holding AG
Machinery, Equipment & Components
Company Summary
Daimler AG, the parent company of Mercedes-Benz, is recognized for its efforts to lead the way in electric vehicle (EV) manufacturing and carbon reduction. The company’s ESG rating reflects its significant focus on sustainability, including renewable energy integration, recycled materials, and green manufacturing practices. However, Daimler faces criticism related to the environmental impact of its remaining fleet of internal combustion engine vehicles and ethical governance issues in the past, particularly involving labor practices in supply chains. Despite these challenges, Daimler remains committed to achieving carbon neutrality by 2039 and continuing to expand its EV offerings. For more insights, check the Daimler ESG report.
ESG Rating Overview
Sustainalytics
Overall ESG Rating :
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
Daimler Truck Holding is average among 34 companies in the construction & farm machinery & heavy trucks industry.
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News from Daimler Truck Holding AG
FAQ
What is Daimler's ESG score?
Daimler (now Mercedes-Benz Group) has an ESG score of 71/100 (MSCI), with a focus on environmental sustainability and strong governance but challenges in labor rights and supply chain transparency.
How does Daimler address environmental issues?
Daimler is focused on achieving carbon neutrality by 2039 and has committed to making its entire fleet CO2-neutral by 2050. The company is heavily invested in electric vehicles and green technologies like hydrogen fuel cells and sustainable manufacturing processes.
What social responsibility programs does Daimler have?
Daimler focuses on community engagement, including education and sustainable mobility solutions. It also has initiatives to improve gender diversity within leadership roles and supports human rights across its global supply chain.