Science Based Targets Initiative confirms Volkswagen Group’s climate protection targets

The Volkswagen Group has received confirmation from the independent Science Based Targets Initiative (SBTi) that the Group’s climate targets fulfil the conditions for limiting global warming to “well below 2 degrees Celsius”. SBTi supporting organisations include the Carbon Disclosure Project (CDP), UN Global Compact, the World Resources Institute and the World Wide Fund for Nature (WWF). The SBTi evaluates only genuine CO2 reductions over a period of at least ten years – without taking into consideration any CO2-compensating climate projects. Volkswagen is planning to reduce CO2 emissions during production and use of its vehicles by 30 per cent of 2018 levels by 2030. Oliver Blume, Porsche CEO and in his role as Volkswagen AG Group Management Board Member for Production and the Environment stressed: “We are determined as a Group to be climate neutral by 2050. To that end we have now set ourselves an ambitious interim target. The key levers are our e-mobility offensive and switching our plants over to green electricity.”
For` the passenger car and light commercial vehicle fleets the target for the Group is that by 2030 CO2 emissions per kilometre driven will be 30 per cent lower than in 2018. This includes emissions from driving and from production of the fuel and electricity. The Volkswagen AG’s passenger car brands alone are responsible via their vehicles’ use for one per cent of global CO2 emissions. Two factors that impact positively on lowering emissions are the growing proportion of electric vehicles in the Group’s vehicle mix and the fact that Volkswagen is in future having green electricity fed into the grid for running them. In line with the SBTi methodology, there is also a separate target for trucks and buses, which is a CO2 reduction of 20 per cent.
Over and above this Volkswagen is aiming to reduce CO2 emissions in the production process by 30 per cent in absolute terms. The plan is therefore to increase by 2030 the proportion of externally procured electricity that comes from renewable energy step by step to 100 per cent – initially throughout Europe by 2023, then globally by 2030. For China we are still currently investigating whether there is sufficient green electricity available. Volkswagen also continues to press ahead with thousands of energy efficiency projects at its 125 production facilities around the world. In 2019 alone, 1,500 environmental and energy-related measures were implemented across the Group.

0 replies on “Science Based Targets Initiative confirms Volkswagen Group’s climate protection targets”