BMW

BMW reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 835 Kt (+26/+3.2% y-o-y). At the sime time, carbon intensity declined to 6.3 t (-0.7 /-10% y-o-y).

BMW's Scope 3 emissions was up at 121,705 Kt (+4,023/+3.4% y-o-y). The growth has slowed compared to the trend since 4Q'14 (CAGR +8.1%).

The company is committed to achieving net zero for Scope 1 + 2 by 2050, which translates into the estimated reduction of -29 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

BMW also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. BMW Group commits to reduce scope 1 and 2 GHG emissions 80% per vehicle produced by 2030 from a 2019 base year.* BMW Group commits to reduce scope 3 GHG emissions from use of sold products 50% per vehicle kilometer by 2030 from a 2019 base year. BMW Group commits to reduce scope 3 GHG emissions from purchased goods & services and upstream transportation & distribution services 22%per vehicle sold by 2030 from a 2019 base year. *The target boundary includes biogenic emissions and removals from bioenergy feedstocks. Auto manufacturers have two near-term target temperature alignments for 1) scope 1 and 2 emissions and 2) scope 3 category 11 emissions from use of sold products.