Thursday
January 28
2021

General Motors Commits to Being Carbon Neutral by 2040

By Sam Abuelsamid

General Motors is the latest automaker to publicly commit to setting science based targets with the aim of becoming completely carbon neutral by 2040. GM GM +4.3% joins Volkswagen, Ford and others in pledging a move to carbon neutrality although the other automakers have announced a 2050 timeline.

The commitment to the independent Science Based Targets Initiative (SBTi) is an important component of this effort. SBTi is a coalition between CDP, the United Nations Global Compact (UNGC), World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) with the aim of curbing global temperature rise to 1.5C or less. Among its efforts is a call to action for businesses to change the way they operate to reduce net carbon output to zero by 2050. SBTi can bring together a team of experts to help companies with their planning and evaluation to ensure that efforts will achieve the desired results.

Photo courtesy of Elishia Jayye.

Source: Forbes (link opens in a new window)

Categories
Energy
Tags
business development, clean energy, electric vehicles, environment, manufacturing, sustainability