Science Based Targets Initiative (SBTi) confirms Volkswagen’s rising climate goals – –

The Science Based Targets (SBTi) initiative has scientifically revised and increased the Volkswagen Group’s emissions reduction targets for production. Thus, the level of Volkswagen’s SBTi targets goes from “less than 2 ° C” of global warming to “1.5 ° C” for its emissions of scope 1 (internal activities) and scope 2 (supply energy). The initiative and the company publish this information on the eve of World Earth Day, on the occasion of which Volkswagen invites, for the second time, its employees to participate in the global Project1Hour. Some 670,000 employees worldwide will be able to spend an hour looking for suggestions for climate protection, both for their own carbon footprint and for their company.

The Science Based Targets (SBTi) initiative first assessed the Volkswagen Group’s 1 and 2 emission reduction targets in September 2020. According to the SBT initiative’s analysis, the forecasts were in line with the targets set by the Paris Agreement to limit it. Global warming well below 2 ° C. Less than two years later, the SBT initiative reassessed Volkswagen AG’s modified 1 and 2 emission targets and raised the target level to 1.5 ° C. Volkswagen’s most ambitious goals are related to its own energy production and supply process.

Until now, it was expected that total CO₂ emissions in manufacturing would decrease by 30% between 2018 and 2030, this target has now been increased to 50%.

The company currently obtains 96% of its external electricity from renewable energy sources at its locations in the European Union. Next year, the company aims to surpass the 100% mark in the European Union, and by 2030, the same target is expected for all locations (except those located in China).

With stricter targets to reduce CO₂ emissions, the group-wide production sector is also helping to achieve Volkswagen AG’s global climate goals. In 2030, the company wants to emit on average 30% less CO₂ per vehicle (passenger cars and light commercial vehicles) compared to 2018.

In 2021, the Volkswagen Group made significant progress in reducing its carbon footprint. CO₂ emissions were reduced by 1.7 tonnes per new production vehicle throughout the group. Beyond the supply of renewable energy, the main reasons for this are the electrification of the product portfolio and Volkswagen’s support for the development of wind and solar farms in Europe.

The good news about the Volkswagen Group’s most ambitious scientific goals is being published today on the site of the Science-Based Goals initiative, the day before Earth Day. Last year, the Volkswagen Group took part in this global day of action for nature with its own Project1Hour. Some 670,000 Group employees around the world spent an hour working to learn collectively about climate change and to develop ideas for reducing CO₂ emissions, for themselves or for their company. Project1Hour takes place for the second time. Employees who participated last year can deepen their knowledge this time.

Volkswagen AG Chairman Herbert Diess commented on the latest validation of the SBT and Project1Hour initiative: “The warming of the earth by 1.5 or 2 ° C by 2050 has a significant impact on phenomena such as species extinction, droughts and rising sea levels. The Volkswagen Group asserts its responsibility “We are committed to protecting the world for future generations. That is why we are strengthening our own emissions reduction goals in production after just two years. We are pleased that the Science Based Target initiative confirms this.”

The Volkswagen Group is also striving to be more sustainable in other areas, such as decarbonising its supply chains, recycling and electrifying its vehicles. “The success we continue to have as a company in the fight against global warming also depends on each of us. That’s why our Project1Hour for the whole group is especially close to my heart. Everyone can contribute with good ideas to help us relaunch a climate protection dynamic “said Herbert Diess.

Photo: Volkswagen

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