Mercedes-Benz Group AG

Common Name
Mercedes-Benz Group
Country
Germany
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
163,132
Ticker
MBG
Exchange
XETRA
Description
Mercedes-Benz Group AG is a renowned global automotive manufacturer known for its luxury vehicles, commercial vehicles, and premium products. The company is primarily engaged in the design, production...

Mercedes-Benz Group's Climate Target Data Preview

As of 2024, Mercedes-Benz Group has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Mercedes-Benz Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2039
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Vehicle from Unspecified Activities
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Mercedes-Benz Group's Greenhouse Gas Emissions Pathways

As of 2024, Mercedes-Benz Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Mercedes-Benz Group have a target to reduce the emissions from its operations?

As of 2024, Mercedes-Benz Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Mercedes-Benz Group's most ambitious operational target is to reduce these emissions by 80% by 2030, compared to a baseline of 1,690,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2024, Mercedes-Benz Group is ahead of schedule on its operational emissions reduction target, having achieved 74.41% of the planned reduction.

Mercedes-Benz Group's Operational (Scope 1+2) Emissions Pathway

2018202420300450 k900 k1.35 M1.8 MBaselineCurrent (-60%)Target 2030 (-80%)

Does Mercedes-Benz Group have a target to reduce the emissions from its value chain?

As of 2024, Mercedes-Benz Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Mercedes-Benz Group's most ambitious value chain target is to reduce these emissions by 60% by 2039, compared to a baseline of 2,600,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2024, Mercedes-Benz Group is ahead of schedule on its value chain emissions reduction target, having achieved 19.23% of the planned reduction.

Mercedes-Benz Group's Value Chain (Scope 3) Emissions Pathway

2021202420390650 k1.3 M1.95 M2.6 MBaselineCurrent (-12%)Target 2039 (-60%)
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