BMW’s Statement on US Withdrawal from Paris Climate Agreement

Recent news states that the U.S. will withdraw from the 2015 Paris Climate Agreement and the world will have to cope with many adjustments. Analysts say that it will roughly take four years before the change is ratified. However, the BMW Group, in line with the company’s continuous commitment on sustainability, has issued a statement regarding this development, confirming its commitment to reducing greenhouse gases further in the future.

“The BMW Group has a long-standing and unwavering commitment to reducing greenhouse gas emissions. This applies to our production operations as well as to continuous improvements in fuel economy and the reduction of emissions from our vehicles. Protecting the environment and economic prosperity must go hand-in-hand in the future. Despite challenges and disappointments, there is no doubt, combating global warming requires the collaboration of all players at a global level – national, regional as well as government and private sector,” the statement says.

Moreover, BMW also continues to commit to the reduction of greenhouse gases: “As in the past, the BMW Group will continue to work at an international level – including with US stakeholders – to facilitate the reduction of greenhouse gases and address global warming. The BMW Group commitment to sustainability, to our customers and to the markets we serve around the world will not change.”

Other automakers are expected to issue similar statements.