General Motors

No leading practices were identified for this company.

No leading practices were identified for this company.

GM’s low-carbon capital expenditure (CapEx) share is above 80% of its total CapEx thus making it low-carbon aligned. In 2023, 100% of GM’s CapEx was allocated to low-carbon technologies and this is expected to remain the same in 2024 and 2025. The company’s share of low-carbon vehicles has been steadily increasing, from 1% in 2019 to 10% in 2023. This share is expected to more than triple to 36% by 2028.

No leading practices were identified for this company.

GM has set targets to achieve carbon neutrality across its entire value chain by 2040 and has set goals for 2025 and 2035 to track progress on this target. Between 2020 and 2022, the company decreased its scope 1 and 2 absolute emissions at the rate required by its 1.5°C pathway. The expected rate of decrease in its future scope 1 and 2 absolute emissions between 2023 and 2028 is also aligned with its 1.5°C pathway. However, the company’s locked-in emissions from its sold products are projected to exceed its carbon budget by 2028. The company should make the required emissions reductions in its scope 3 emissions, to align with its 1.5°C pathway.

GM has a comprehensive low-carbon transition plan, containing both short- and long-term actions, with a process in place to review and update it. However, the company has not yet set a target to fully phase out its internal combustion engine (ICE) vehicles.

In 2022, GM’s share of revenue from low-carbon products and activities was about 1%. However, this is expected to change with the company is investing all of its CapEx in low-carbon technologies. Additionally, GM’s total electric vehicle (EV) sales has consecutively increased over the past years.

While GM invites its suppliers to pledge to reduce carbon emissions for their scope 1 and 2 products, it does not require them to report their emissions. The company does, however, provide evidence of a strategy to influence its clients to use low-carbon alternatives and reduce their greenhouse gas (GHG) emissions. Additionally, GM’s policy engagement strategy is aligned with its climate position and low-carbon transition planning.

No evidence was found of the company’s commitment to social dialogue or of the categories of stakeholders the company engages with on a just transition. Furthermore, no evidence was found to demonstrate the company’s ongoing social dialogue and meaningful engagement with affected stakeholders. No evidence was found of the company undertaking low-carbon transition planning to mitigate the social impacts of the transition on workers, affected stakeholders and its business relationships. Moreover, no evidence was found to demonstrate the company’s engagement in social dialogue and with stakeholders in its just transition planning.

The company does not disclose the actions it takes to create jobs. However, it discloses the measures it takes to ensure its jobs embed equality of opportunity for women and vulnerable groups. In particular, it collaborates closely with other organisations such as the American Indian Science and Engineering Society, the National Society of Black Engineers, the Society of Hispanic Professional Engineers and the Society of Women Engineers. No evidence was found of the company committing to create and support access to green and decent jobs as part of the low-carbon transition. Furthermore, no relevant disclosure was found of the company’s assessment of employment dislocation risks. The company discloses the actions it takes to provide reskilling and upskilling opportunities for workers and affected stakeholders. For instance, the company provides a learning platform called Degreed. However, no relevant disclosure was found of the company embedding equality of opportunity for women and vulnerable groups in these actions. Furthermore, no evidence was found of the company having a process for identifying skills gaps for workers and affected stakeholders or a public commitment to help workers displaced by the transition to reskill or upskill.

No relevant disclosure was found to show if the company identifies impacts of the low-carbon transition on social protection for workers and affected stakeholders, nor how it contributes to social protection. Additionally, no evidence was found that the company expects its business relationships to contribute to the social protection of their workers and affected stakeholders. No relevant disclosure was found to show how the company identifies any misalignment of its lobbying activities with policies and regulations that support the just transition, nor of the measures it takes to address misalignment. Furthermore, no evidence was found that the company lobbies for policies and regulations for green and decent job creation; retention, education and reskilling; and social protection for workers.

The company commits to respecting human rights and the ILO fundamental rights at work, and it expects its business relationships to respect the ILO fundamental rights at work. Furthermore, the company discloses a human rights due diligence process that includes the assessment of salient human rights risks. However, it does not does not assess or disclose the categories of affected stakeholders. The company takes action to mitigate the human rights risks in its own operations and its supply chain, and it engages with affected stakeholders. Additionally, it has a grievance mechanism available to workers and external stakeholders.

The company commits to ensuring worker health and safety and gender equality, and it discloses some information on collective bargaining and workforce diversity fundamentals. However, it can strengthen its disclosure on these subjects, as well as on its living wage and working hours practices.

The company commits to personal data protection, and it has policies for preventing bribery and corruption, and ensuring responsible tax practices and responsible lobbying and political engagement. However, it can strengthen its disclosure on these subjects.