Potential offtaker

Mercedes-Benz AG

www.mercedes-benz.com

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Mercedes-Benz AG is a German multinational automobile manufacturer that has been in operation for over a century. The company is known for producing luxury vehicles, buses, coaches, and trucks. Mercedes-Benz AG operates in the Automobiles sector and has a strong focus on sustainability and decarbonisation. The company has set ambitious targets to reduce its carbon footprint and has implemented various initiatives to achieve these goals.

Decarbonisation is a key focus area for Mercedes-Benz AG, and the company has set ambitious targets to reduce its carbon footprint. The company aims to achieve a carbon-neutral production process by 2022 and a carbon-neutral vehicle fleet by 2039. To achieve these goals, Mercedes-Benz AG has implemented various initiatives such as the use of renewable energy, energy-efficient production processes, and the implementation of sustainable supply chains.

Corporate energy is another important aspect of Mercedes-Benz AG's sustainability strategy. The company has implemented various measures to reduce its energy consumption and increase its use of renewable energy. Mercedes-Benz AG has set a target to increase the share of renewable energy in its total energy consumption to 50% by 2030. The company has also implemented energy-efficient production processes and has invested in energy-efficient buildings and facilities.

Corporate power purchase agreements (PPAs) are an important tool that Mercedes-Benz AG uses to increase its use of renewable energy. PPAs are long-term contracts between a company and a renewable energy provider, which guarantee the purchase of a certain amount of renewable energy. Mercedes-Benz AG has signed several PPAs with renewable energy providers to increase its use of renewable energy. These PPAs have enabled the company to reduce its carbon footprint and increase its use of renewable energy.

Renewable energy is a key focus area for Mercedes-Benz AG, and the company has set ambitious targets to increase its use of renewable energy. The company aims to increase the share of renewable energy in its total energy consumption to 50% by 2030. To achieve this target, Mercedes-Benz AG has implemented various initiatives such as the use of solar panels, wind turbines, and biomass. The company has also signed several PPAs with renewable energy providers to increase its use of renewable energy.

Mercedes-Benz AG's commitment to sustainability is reflected in its products as well. The company has a range of electric and hybrid vehicles that are designed to reduce emissions and increase energy efficiency. The company's electric vehicles are powered by renewable energy, and the company has set a target to have electric vehicles account for more than 50% of its total sales by 2030.

In conclusion, Mercedes-Benz AG is a German multinational automobile manufacturer that operates in the Automobiles sector. The company has a strong focus on sustainability and decarbonisation and has set ambitious targets to reduce its carbon footprint. Mercedes-Benz AG has implemented various initiatives to achieve these goals, including the use of renewable energy, energy-efficient production processes, and sustainable supply chains. The company has also signed several PPAs with renewable energy providers to increase its use of renewable energy. Mercedes-Benz AG's commitment to sustainability is reflected in its products as well, with a range of electric and hybrid vehicles that are designed to reduce emissions and increase energy efficiency.

✓ Current offtaker under Corporate PPA's
✓ Science Based Targets member
Pioneering Decarbonization in Manufacture of motor vehicles: Strategies and Techniques

Which companies in the industry of Manufacture of motor vehicles have made significant pledges or efforts to address global warming?
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  • Tesla, Inc.
  • PACCAR Inc
  • UMW Holdings Berhad
  • Volvo Car Group
  • Geely Automobile Holdings Limited