BMW CEO Oliver Zipse Announces New Sustainability Strategy

The BMW Group is making sustainability and resource efficiency central to the company’s strategic direction. Recently, Chairman of the Board of Management Oliver Zipse announced the initial details of this strategic direction in Munich and presented the new targets the company has set for the phase up to 2030.

Building on its decades-long strong foundation, the BMW Group is setting the standards in terms of sustainability through constant innovation. Some of the key new goals outlined include expanding BMW’s fleet of electrified vehicles to reduce CO2 emissions by 40% per vehicle per kilometer driven, reducing 80% of CO2 emissions from plants and sites, and utilizing science-based targets to form a basis for new goals.

In addition to this, Zipse stated that BMW will report its progress against the targets every year which will be used to determine the Board of Management and executive management compensation. Moving forward, the BMW Group will continue to invest in these innovative methods to further reduce CO2 emissions and increase resource efficiency.

Learn more about BMW’s commitments by reading the full press release below.

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