BMW Group secures CO2-reduced steel for global production network

November 22, 2022 EcoVadis ‏‏‎


The BMW Group is systematically pursuing its climate goals for the supplier network and significantly reducing the carbon footprint of its steel sourcing. Following initial contracts with European suppliers, the BMW Group has now concluded further agreements for the supply of CO2-reduced steel in the US and China.

“Steel is one of the main sources of CO2 emissions in our supply chain. That is why we are comprehensively reorganising our steel portfolio – so we can supply our global production network with over on third of CO2-reduced steel from 2026. This will reduce the carbon footprint of our supply chain by 900,000 tonnes per year, while at the same time driving the transformation of the steel industry,” said Joachim Post, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network.


Read the full article at: www.automotiveworld.com

About the Author

EcoVadis ‏‏‎

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 200+ purchasing categories and 175+ countries.

Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis ‏‏‎
Previous Article
5 Lessons from Automakers on Navigating Supply Chain Disruptions
5 Lessons from Automakers on Navigating Supply Chain Disruptions

Realizing that their supply chains cannot be made totally immune to disruptions, a number of automakers hav...

Next Video
Continuous Improvement Course_Navigating the CAP tab for the Carbon Action Module
Continuous Improvement Course_Navigating the CAP tab for the Carbon Action Module