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Sustainable Value Report.
Long-term thinking and responsible conduct lay the foundation for the BMW Group’s economic success. The company has firmly established environmental and social sustainability throughout its value chain. This also includes comprehensive product responsibility and a clear commitment to resource conservation. We remain committed to the principles of the United Nations’ Global Compact, which we have implemented at all our locations since 2001.
Our actions are aimed at shaping the mobility of the future and securing our leading position as a successful company. We have set ourselves concrete sustainability targets for 2020. Last year, once again, our projects and activities brought us a good deal closer to these targets – as confirmed by the key performance indicators in this Sustainable Value Report.
However, it does not stop here. In 2016, we will once again be looking ahead. We see electrification and digitalisation as two of the main driving forces for the future. Over the next few years, these factors will change the automotive industry more than anything we have seen over the past 100 years. We recognised the direction the industry was going from automobile manufacturer to provider of the individual premium mobility and services of tomorrow.
This vision of the future not only includes vehicles with lower emissions and better fuel economy, it is also about developing new solutions for urban mobility – to improve the quality of life in cities.
We stand by our promise of cutting fleet emissions in Europe from 1995 levels in half by 2020 and will continue to increase the percentage of renewable energies used in production. We will offer plug-in hybrids in all segments as well as expand our car-sharing service to further cities worldwide.
Digitalisation offers enormous potential – especially for traffic in urban areas. Vehicles that are connected to one another enable traffic in cities to be organised much more efficiently: new traffic guidance systems will help avoid traffic jams, while intelligent parking management solutions will reduce traffic. In short, the connected vehicle will become the nucleus of a plethora of new services.
Through all this technological progress and development, our actions will always remain focused on the individual and their specific needs. The year 2015 demonstrated that our society still faces major challenges. We firmly believe that intercultural understanding is one of the most important factors in overcoming these challenges, together. For many years now we have been and remain very committed to promoting intercultural exchange of inside and outside the company. Through our partnership with the UN Alliance of Civilizations, we are proud to present the Intercultural Innovation Award to honour exemplary grassroots initiatives in this area.
The BMW Group foundations also aim to create added value for society. All activities of this kind will now be concentrated in the BMW Foundation Herbert Quandt. The BMW Group will also increase the Foundation’s funding by 50 million euros to 100 million euros.
The BMW Group can look back on one hundred years of history. And we will continue to take responsibility in the future – when it comes to both technology and society. We will continue to captivate our customers with our fascinating products and services. And by implementing innovative concepts, we will continue to build a positive future for our company.
Sustainability management: key performance indicators.
PROFIT BEFORE TAX.
9,224 million €
CO2 EMISSIONS OF BMW GROUP AUTOMOBILES WORLDWIDE.
147 g CO2/km
INVESTMENT IN FURTHER EDUCATION AND TRAINING.
352 Mio. €