BMW is a publicly listed auto manufacturer headquartered in Germany. In 2019 it had US$116.6 billion in revenue and sales of over 2.3 million vehicles. BMW’s largest area of sales and operations is Europe, but it also has a large sales and manufacturing presence in China and the US.
- Total score
- Assessment Note
BMW received a full ACT assessment in 2019.
BMW has recently set Science-Based Targets Initiative-validated targets for its manufacturing emissions but is yet to do so for vehicle in-use emissions. Information found indicates that BMW’s next target will be a 40 percent reduction of vehicle in-use emissions by 2030 which is likely to be compliant with its well below 2-degree pathway.
BMW aims to have 50 percent of its total European vehicles (43 percent of global sales) “electric” by 2030. The nature of this electrification is key with full battery electric being far preferable to plug-in hybrids. BMW should seek to regain its early lead in electric vehicle sales and should publish details of its transition strategy to more fully demonstrate its commitment to low-carbon transition.
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More about the company
- Ownership structure
- Publicly listed
- Revenue (2019)
- US$116.6 billion
- Number of vehicles sold (2019)