Tag: Sustainability
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Dongfeng Motor Reduces Annual CO2 Emissions by 180,000 Tons, Equivalent to Planting 10 Million Trees
Dongfeng Motor September 2, 2024, 20:36 On August 30, Dongfeng Motor released its 2023 sustainability report during the first “Sustainable Development Co-Creation Week” event of 2024. The report revealed that in 2023, nine Dongfeng Motor subsidiaries participated in Hubei Province’s carbon emissions trading, reducing CO2 emissions by 180,000 tons, equivalent to planting approximately 10 million…
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BMW Group｜The BMW rad°hub at London Climate Action Week: Envisioning the World in 2050
BMW Group August 14, 2024 At the London Climate Action Week (LCAW), the BMW Group engaged in dialogue through its rad°hub event to explore the world of 2050 and the future of mobility. The event included panel discussions and workshops focused on a sustainable society vision, supply chain decarbonization, innovation, and inclusion. Source: BMW Group…
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Audi｜Efficient and Sustainable Production of New Audi A5 at Neckarsulm Plant
Audi has commenced the production of the new Audi A5 family at its Neckarsulm plant. This model, based on the Premium Platform Combustion (PPC) with partially electrified drive systems and a new electronic architecture, represents Audi’s pursuit of sustainable production. The goal is to make all models manufactured at the Neckarsulm site net carbon-neutral by…
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Nissan | Nissan Releases First Integrated Report and New Sustainability Plan
Nissan, July 31, 2024 Nissan Motor Co., Ltd. has released its first integrated report, “Integrated Report 2024,” as part of accelerating its long-term vision “Nissan Ambition 2030.” The report outlines business progress, strategies, financial information, and sustainability initiatives. The newly formulated “Nissan Green Program 2030” (NGP2030) and “Nissan Social Program 2030” (NSP2030) aim to address…
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Mazda Decides on Transition Bond Issuance for Funding
Mazda Motor Corporation (Mazda) has decided on the issuance conditions for its transition bond today, based on the “Sustainable Finance Framework.” This transition bond follows the issuance in March 2024 and is structured with 5-year and 10-year terms, totaling 30 billion yen. The funds raised will be used for the development and manufacturing of battery…
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Mercedes-Benz｜Tales from the world of Mercedes-AMG Motorsport
Mercedes-Benz Media July 24, 2024 Highlights from the world of Mercedes-AMG Motorsport. Featuring Lewis Hamilton’s record win at Silverstone, key points from the sustainability report, an event for International Women in Engineering Day, the ‘Miracle of Reims,’ and the 130th anniversary of the Paris-Rouen race. These stories connect the history and present of motorsport, inspiring…
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Mercedes-AMG PETRONAS F1 Team on track with ambitious sustainability goals
The Mercedes-AMG PETRONAS F1 Team released its latest Sustainability Report, detailing progress made from January to December 2023. The report highlights how the team managed to stay on track with its sustainability commitments despite an expanding calendar and business growth. The newly published report also outlines plans to build on these achievements as the team…
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How does FAW Hongqi Define New Energy Vehicle Products?
FAW Hongqi, July 15, 2024, 11:30, Jilin Province FAW Hongqi defines its new energy vehicles (NEVs) as environmentally friendly and future-oriented vehicles. Hongqi’s NEV products aim to be pioneers in green energy and technological innovation, striving for a sustainable future. Xiaoxiao, Deputy General Manager of FAW’s Marketing Center, and car owner Chu Jinsheng emphasize the…
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Mercedes-Benz issues its first Green Auto Loan ABS, expanding sustainable finance in China
Mercedes-Benz has issued its first Green Asset-Backed Security (ABS) in China as part of its sustainable finance strategy. The issuance aims to finance new retail loan business for Battery Electric Vehicles (BEVs) in China. This Green ABS aligns with China’s domestic Green Bond standards, with a total issuance size of RMB 765 million (€100 million)…