Porsche wants to be completely CO2 neutral when it comes to business operations by 2030. This not only applies to the car manufacturer itself, but also to the suppliers.
The Paris Treaty states that European companies must be climate neutral by 2050 and significantly reduce their CO2 emissions before then. Porsche has achieved that goal for itself: the Stuttgart-based car manufacturer wants to achieve CO2 neutrality by 2030. Porsche is broadening that, because the suppliers must also meet that requirement. To achieve the goal, Porsche will invest ‘more than € 1 billion’ over the next ten years in wind turbines, solar panels and other measures to benefit the climate. According to Porsche CEO Oliver Blume, it is not the intention to offset its own emissions. “We don’t want to buy CO2 certificates from other companies, but don’t want to cause any emissions ourselves.”
Porsche has already partly fulfilled this noble ambition, because the factories in Zuffenhausen, Weissach and Leipzig are already CO2 neutral. In addition, the Taycan Cross Turismo is the first Porsche model to be CO2 neutral throughout its life cycle, from production to recycling, according to the company. In addition to the aforementioned investment, Porsche also wants to focus on suppliers in the coming period, with a particular focus on making battery production for EVs more environmentally friendly. Porsche is of course not the only car manufacturer concerned with the climate. Volvo, for example, already opened its first climate-neutral factory in 2018 and all European factories of Mercedes-Benz must even be CO2-neutral by 2022 at the latest.