General Motors’ sustainability strategy is synonymous with its business strategy. Our vision for personal mobility is a world with zero crashes, zero emissions and zero congestion. By delivering safer, simpler and sustainable transportation solutions for our customers, we’ll realize that vision. In the process, GM will become the most valued automotive company.
Our strategy reflects the transportation revolution underway today, and that is transforming how people move—an effect similar to the debut of the automobile more than a century ago. The vehicles leading this transformation are autonomous, electric, connected and shared. Throughout the company, we are focused on initiatives that capitalize on these new technologies and business models to create products, offer services and advocate for policy that looks at transportation as a system and mobility as a service. This will result in a world where sustainable transportation is a reality for daily life and enables communities to grow more prosperous and livable.
Helping to Solve Climate Change
An inherent part of our business strategy is helping to address climate change, and the related risks. We have an unwavering commitment to an all-electric, zero-emissions future, regardless of any modifications to future fuel economy standards. Today, we are investing in multiple technologies that offer increasing levels of vehicle electrification. This is part of our long-term strategy to reduce petroleum consumption and greenhouse gas emissions. Our zero-emissions vision extends beyond products to our manufacturing operations, where we have committed to use 100 percent renewable energy by 2050.
Our efforts to help solve climate change cannot depend on innovation alone. To accelerate a zero-emissions future, consumer acceptance of electric vehicles must increase faster and be supported by a cleaner electric grid. We support policies and legislation that provide various incentives to help make electric vehicles more desirable and affordable. We also seek partnerships with energy suppliers to build robust charging infrastructure and improve the percentage of renewable power sources in the grid to maximize the value of electric vehicles.
GM’s commitment to climate change solutions extends to advocacy. We are the only automaker signatory to date of the Climate Declaration, which asserts that there is economic opportunity in addressing climate change. The declaration is an initiative of Ceres’ Business for Innovative Climate & Energy Policy (BICEP) and calls for policymakers to address climate change by promoting clean energy, boosting efficiency and limiting carbon emissions. GM also was one of the initial 13 companies to sign the American Business Act on Climate Pledge, calling for a strong outcome in advance of the Paris climate conference, COP21. Companies who signed the act also pledged to reduce emissions, increase low-carbon investments, deploy more clean energy and build more sustainable businesses.
We integrate sustainability into our business through GM’s five corporate strategic priorities, using business levers such as technology, corporate governance and operational excellence, as shown in the graphic below. This process creates positive benefits for our stakeholders, drives long-term success for GM and enables each employee at every level of our company to help build value for the customer. Our work is grounded in our values, with the customer as our compass to guide decisions, with strong and transparent stakeholder relationships, and with excellence as our standard.
Note: The use of “material” or “materiality” in this report is not related to or intended to convey matters or facts that could be deemed “material” to a reasonable investor as referred to under U.S. securities laws or similar requirements of other jurisdictions.