GlobalData offers a comprehensive analysis of Mercedes-Benz Group, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Mercedes-Benz Group‘s ESG performance. GlobalData’s company profile on Mercedes-Benz Group offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

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Mercedes-Benz Group is committed to reduce its carbon and greenhouse gas (GHG) emissions. In 2022, the company reported 0.4 CO2 in million t4 emissions in scope 1 & scope 2, and 97.4 CO2 in million t4 emissions in scope 3, totaling 97.8 CO2 in million t4 emissions. The company aims to have a fleet of new Mercedes-Benz vehicles that are net carbon-neutral along all stages of the value chain by 2039. It also plans to increase the share of plug-in hybrids and all-electric vehicles to up to 50% by mid-decade.

In terms of carbon emissions, the Mercedes-Benz Group has already made significant progress. It has achieved its target of reducing CO2 emissions at its own plants (Scope 1 and Scope 2) by 50% by 2030 compared to 2018. The company has also been working on reducing the CO2 emissions of its new vehicle fleet by more than 40% compared to 2018 in relation to the use phase (well-to-wheel). These targets have been confirmed by the Science Based Targets initiative (SBTi).

Mercedes-Benz Group has taken several steps and has been focusing on electrification of its vehicle fleet, charging with green electricity, improving battery technology, decarbonizing the supply chain, and using renewable energies in production. The company has also signed agreements with suppliers to ensure that they will only supply net carbon-neutral products by 2039. Additionally, all of the company's own production plants worldwide have been obtaining 100% of their external electricity from renewable sources since 2022.

In conclusion, Mercedes-Benz Group is focused on working towards reducing its carbon and GHG emissions. The company has already made progress in reducing emissions at its own plants and in the use phase of its vehicles. By signing agreements with suppliers and joining initiatives like "The Climate Pledge" and "Transform to Net Zero," Mercedes-Benz Group is actively working towards decarbonizing the economy and society worldwide.

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