Mercedes-Benz
Luxurious electrification
1
Using ITR, we estimate Mercedes’ temperature score to be 2.3°C. This is significantly below the auto sector’s trajectory of 3.4°C and closing in on the Paris Agreement target.
Mercedes is focused on luxury and electrification, aligning with rising demand for electric vehicles (EVs). Its upmarket bias should provide support amid the EV price war.
11
Reducing emissions from manufacturing plants by 50% by 2030
1
Scope by scope, Mercedes has clear decarbonisation pathways – especially for scope 3 downstream emissions, since car users represent its greatest source of emissions:
Scopes 1 and 2
Scope 3 downstream
Luxurious electrification
Mercedes-Benz
Lowering emissions from the use of sold products by 42% per vehicle km by 2030
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This will be driven by more than EUR 60 billion invested between 2022 and 2026 for the gear-change towards an all-electric future.
EVs currently generate about 10% of Mercedes’ revenues, but this will likely change.
The company aims to:
Manufacture 100%
electric vehicles by 2030
Electrify 50%
of its vehicle deliveries
Phase out internal combustion engine vehicles from 2025
Luxurious electrification
Mercedes-Benz