Automaker Sustainability Plans
Mercedes-Benz detailed its Sustainable Business Strategy, which covers Cars, Vans and Financial Services and builds sustainability into corporate governance and steering processes. The strategy rests on four focus topics: decarbonization, circularity, safety and people.
On decarbonization, the company focuses on electrifying and decarbonizing its supply chain, logistics and production under its Ambition 2039 goals. On circularity, it aims to decouple resource consumption from volume growth, embed circularity from vehicle design to end-of-life and increase the use of secondary raw materials.
Safety focuses on trusted products for a digital world, while people covers social responsibility toward employees and respect for human rights across value chains. Sustainability indicators are integrated into financial planning, management remuneration and reporting, and the priorities are reviewed regularly as regulation, risks and market trends change.