Dow Jones: BMW becomes the top sustainable car worldwide

In the pursuit of a sustainable car line-up, the BMW Group received a warm recognition from S&P Dow Jones this time. According to their latest published rating, the company has taken the top spot in the ‘automobiles’ category for sustainability. This ranking makes the Bavarian Group the most sustainable automotive company globally, garnering 80 points out of 100 possible.

Ever since the Dow Jones Sustainability Indices started, BMW constantly finds its name in these rankings and remains the only automobile manufacturer to do so. This year, 2020, there is a total of 39 companies from the industry that underwent in the system ranking. With great analysis, BMW Group showed improvements in all three vital areas of evaluation: Governance and Economic, Environmental and social dimensions.

“The battle against climate change and how we utilize our resources will determine the future of our society – and, also, of the BMW Group. In line with this, we included sustainability and resource efficiency in the center of our business alignment. Also, imparting this approach in all divisions. Since our business model and sustainability are inseparable for us, we see this as a significant building block to effectively define the future,” said Oliver Zipse, Chairman of the Board of Management of BMW AG.

However, this success would be hard to achieve overnight. With steady commitment, BMW self-imposed standards regarding the sustainability of its production process and the Eco-friendliness of its products. BMW plants worldwide had greatly improved since 2006, as it had cut 70 percent CO2 emissions. Meanwhile, energy consumption for each car made dropped by 40 percent in the same timeline. Most importantly, the CO2 emissions of the cars themselves reduced by 42 percent compared to their average back in 1995.

Progressively, BMW aims to cut more of its CO2 impact by 2030. Initially, they aim to further reduce 30 percent of the current amount by the end of the decade. Furthermore, they’re now seeking to cut its production emissions by a further 80 percent from 2019 levels by 2030. Thus, making their CO2 emissions 10 percent lesser than what they were in 2006.