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MBGYY Mercedes Benz Group AG (PK)

13.91
0.18 (1.31%)
29 Nov 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Mercedes Benz Group AG (PK) USOTC:MBGYY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.18 1.31% 13.91 13.63 14.06 13.93 13.765 13.81 191,660 19:00:02

Mercedes-Benz Reaches 2030 CO2 Emissions Target Early

30/03/2023 3:30pm

Dow Jones News


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By David Sachs

 

Mercedes-Benz AG said Thursday that it has met its 2030 goal for carbon-dioxide emissions from production, and is now targeting a bigger cut.

The German car maker said it has cut emissions by 50% compared with 2018 levels--which was its goal for 2030--in its own plants and with purchased energy sources.

The company said it has increased its goal to reduce CO2 emissions by 80% compared with the 2018 baseline, by 2030, with 70% of energy needs at its production sites coming from renewable sources.

Mercedes-Benz said that currently, 45% of energy used in production comes from renewable sources.

 

Write to David Sachs at david.sachs@wsj.com

 

(END) Dow Jones Newswires

March 30, 2023 10:15 ET (14:15 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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