The Mercedes-Benz Group AG is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-Benz was formed with the merger of Benz & Cie., the world's oldest car company, and Daimler Motoren Gesellschaft in 1926.
Carbon Capture Utilization and Storage (CCUS)
- Role and Importance: Mercedes-Benz recognizes CCUS as essential for reducing CO2 emissions in manufacturing and other industrial processes.
- Investments and Developments: The company is investing in innovative CCUS technologies and exploring partnerships to enhance its capabilities in this area.
- Technological Collaboration: Collaborates with academic and industry partners to advance CCUS solutions.
Sustainability and Green Initiatives
- Emission Reduction Goals: Mercedes-Benz aims for carbon neutrality by 2039, with specific targets for reducing CO2 emissions by 2025 and 2030.
- Greenhouse Gas Regulations and Policies: Implements stringent measures to lower emissions throughout the supply chain and product lifecycle.
- Energy Transition Strategy: Focuses on expanding its electric vehicle portfolio and increasing the use of renewable energy in its operations.
Key Takeaways
- Mercedes-Benz is committed to reducing its carbon footprint through advanced CCUS technologies and sustainable practices.
- The company’s strategy includes significant investments in electric vehicles and renewable energy.
- Collaboration and innovation are pivotal to achieving its sustainability objectives.
Website:
https://group.mercedes-benz.com/en/
10-K Report:
N/A
Sustainability Report:
https://group.mercedes-benz.com/documents/sustainability/reports/mercedes-benz-sustainability-report-2023.pdf
