BMW Named Most Sustainable Automotive Company in Dow Jones Index

BMW Group said it has once again been named the world’s most sustainable automotive company in the annual Dow Jones index.

RobecoSAM AG today published industry group leaders for the Dow Jones Sustainability Indexes (DJSI). RobecoSAM will publish the component list with all winners on Monday, September 12. Fiat Chrysler Automobiles announced today that it will be once again included on the DJSI.

The BMW Group said that it is the only one of the three automobile manufacturers listed to have been included in the index every year since 1999. Launched in 1999, the global index tracks what it defines as leading sustainability-driven companies based on RobecoSAM’s analysis of financially relevant environmental, social, and governance (ESG) factors and S&P DJI’s robust index methodology, the award release said.

“The BMW Group is celebrating its 100th anniversary this year. For us, sustainability is an important part of our identity and our strategy,” said Ursula Mathar, head of Sustainability and Environmental Protection at BMW AG, in a company press release.

BMW said that between 1995 and 2015, the automaker was able to reduce the CO2 emissions of its new vehicles sold in Europe (EU 28 member countries) by 40 percent. Expansion of alternative drive trains in the BMW vehicle offerings, combined with innovative mobility services, have made a significant contribution to this progress, BMW said.

The German automaker released its latest annual Sustainable Value Report in the spring highlighting gains in clean manufacturing, vehicles, and mobility services. The report’s cover, featured above, includes its electrified vehicle lineup and its DriveNow carsharing service. Also featured in the cover photo above is a city bus from Movia, the largest public transport company in Denmark. Movia has been recognized for rolling out full-size all-electric buses manufactured by BYD.

SEE ALSO:  BMW Recognized As Innovative And Sustainable

The automaker reported that it’s using a holistic approach, implementing sustainability policies throughout the value chain. Along with reducing vehicle emissions, the company focuses on making progress in corporate environmental protection, supply chain sustainability, employee orientation, and social commitment.

Rolling out seven models that are all-electric or plug-in hybrid are part of the sustainable mobility strategy, BMW said. Another is how it powers assembly plants and corporate offices. The company reported that 58 per cent of the electricity purchased by BMW Group worldwide comes from renewable energy sources.

Wind power at its Leipzig site is one of the clean energy sources, used in production of the BMW i3 and BMW i8. Its assembly plant in Spartanburg, S.C., uses methane gas from a nearby landfill to generate up to 50 per cent of the power needed for production, the company reported.

BMW Group said that in 2015, it became the first European automaker to use a 40-ton electric truck for transporting materials on public roads.

BMW Group and Dow Jones Sustainability Index