BMW: first premium manufacturer to publish integrated report
Premium automotive manufacturer - BMW - has announced its plans to become the first in the industry to publish an Integrated Group Report. The new reportstyle will combine its Annual Report and its Sustainable Value Report for 2020.
Integrated BMW Group Report 2020
Following the Board of Management redefining BMW central sustainability goals in 2020, the manufacturer reports that the integration of the two reports marks ‘the next logical step’.
“The BMW Group Report 2020 shows that our business model and sustainability cannot be separated. We manage the BMW Group according to both financial and non-financial parameters and report these in a transparent manner every year. As a premium manufacturer, we seek to set a good example for the industry and take responsibility. Key sustainable development indicators are given equal weighting in our reporting with financial figures,” commented Dr Nicolas Peter, member of the Board of Management of BMW AG responsible for Finance.
BMW Group sustainability goals
Already achieving several of its key sustainability milestones, including the reduction of its CO2 emissions in its European new vehicle fleet by 53% (1995 to 2020) and obtaining 100% renewable energy for its worldwide plants since 2020, BMW furthered its efforts in July 2020 setting itself new targets.
- Reducing its CO2 emissions per vehicle by at least one third across its entire range (based on its 2019 total fleet of more than 2.5 million produced, the equates to a reduction of over 40 million tonnes of CO2 throughout their lifecycle by 2030)
- Whilst the company has already reduced its CO2 emissions per vehicles produced by over 78% since 2006, the company also aims to reduce its scope one and two emissions by a further 80% between 2019 and 2030
- Reducing its CO2 emissions during the vehicle use phase by more than 40% per kilometre driven by 2030
Ultium Cells LLC/Li-Cycle: Sustainable Battery Manufacturing
Ultium Cells LLC - a joint venture between General Motors and LG Energy Solutions - has announced its latest collaboration with Li-Cycle. Joining forces the two have set ambitions to expand recycling in North America, recycling up to 100% of the scrap materials in battery cell manufacturing
What is Ultium Cells LLC?
Announcing their partnership in December 2019, General Motors (GM) and LG Energy Solutions established Ultium Cells LLC with a mission to “ensure excellence of Battery Cell Manufacturing through implementation of best practices from each company to contribute [to the] expansion of a Zero Emission propulsion on a global scale.”
Who is Li-Cycle?
Founded in 2016, Li-Cycle leverages innovative solutions to address emerging and urgent challenges around the world.
As the use of Lithium-ion rechargeable batteries in automotive, industrial energy storage, and consumer electronic applications rises, Li-Cycle believes that “the world needs improved technology and supply chain innovations to better recycle these batteries, while also meeting the rapidly growing demand for critical and scarce battery-grade materials.”
Why are Ultium Cells LLC and Li-Cycle join forces?
By joining forces to expand the recycling of scrap materials in battery cell manufacturing in North America, the new recycling process will allow Ultium Cells LLC to recycle cobalt, nickel, lithium, graphite, copper, manganese and aluminum.
“95% of these materials can be used in the production of new batteries or for adjacent industries,” says GM, who explains that the new hydrometallurgical process emits 30% less greenhouse gases (GHGs) than traditional processes, minimising the environmental impact. Use of this process will begin later in the year (2021).
"Our combined efforts with Ultium Cells will be instrumental in redirecting battery manufacturing scrap from landfills and returning a substantial amount of valuable battery-grade materials back into the battery supply chain. This partnership is a critical step forward in advancing our proven lithium-ion resource recovery technology as a more sustainable alternative to mining, " said Ajay Kochhar, President, CEO and co-founder of Li-Cycle.
"GM's zero-waste initiative aims to divert more than 90% of its manufacturing waste from landfills and incineration globally by 2025. Now, we're going to work closely with Ultium Cells and Li-Cycle to help the industry get even better use out of the materials,” added Ken Morris, Vice President of Electric and Autonomous Vehicles, GM.
Since 2013, GM has recycled or reused 100% of the battery packs it has received from customers, with most current GM EVs repaired with refurbished packs.
"We strive to make more with less waste and energy expended. This is a crucial step in improving the sustainability of our components and manufacturing processes,” concluded Thomas Gallagher, Chief Operating Officer, Ultium Cells LLC.