Finance
BMW sets new mid-term climate goal
Published by Global Banking and Finance Review
Posted on December 9, 2025
1 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on December 9, 2025
1 min readLast updated: January 20, 2026
BMW plans to reduce CO2 emissions by 60 million tons by 2035, aiming for net zero by 2050, with increased use of renewable energy.
BERLIN, Dec 2 (Reuters) - German carmaker BMW aims to cut its CO2 equivalent emissions by at least 60 million metric tons by 2035 from 2019 levels, it said on Tuesday, setting new mid-term goals within the longer-term target of achieving net zero by 2050.
The new goal, which applies to all drive variants across a vehicle's life cycle, represents an additional reduction of about 20 million tons of CO2E beyond its existing target for 2030, it said.
To achieve the goals, which cover vehicles' design, raw material sourcing, production and use, BMW said it would increasingly use renewable energy in production and in the supply chain, products and processes and ensure a bigger share of its fleet is electrified.
(Reporting by Madeline Chambers, editing by Thomas Seythal)
CO2 equivalent emissions refer to the total impact of different greenhouse gases expressed as a single number of carbon dioxide emissions. This standardizes the effects of various gases on global warming.
Renewable energy comes from sources that are naturally replenished, such as solar, wind, and hydroelectric power. It is considered more sustainable than fossil fuels.
Electrification in vehicles refers to the process of replacing conventional internal combustion engine systems with electric powertrains, which can reduce emissions and improve energy efficiency.
A vehicle's life cycle encompasses all stages of its existence, from design and manufacturing to use and eventual disposal or recycling. It includes the environmental impact at each stage.
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