GM Publishes '2020 Jisoksaneung Gyeongyeong Annual Report'... Accelerating Eco-Friendly Management Efforts

GM recently published its annual sustainability management report, which includes ESG (Environmental, Social, and Governance) performance and carbon neutrality goals.

Photo by Korea GM

[Asia Economy Reporter Ki-min Lee] General Motors (GM) announced on the 7th that it has published its 11th annual sustainability management report, which includes recent ESG (Environmental, Social, and Governance) achievements and new goals to realize carbon neutrality.

The report introduced GM's ESG Data Center, which provides the latest information on key priorities such as safety, environment, and workforce. It also covered GM's detailed strategies related to ESG operations, the paradigm shift toward a fully electrified era, diversity, fairness, and inclusion.

For sustainable management, GM set goals including achieving a waste conversion rate of over 90% at global sites' landfills and incinerators by 2025, registering all primary suppliers in sustainability management programs, primarily using 100% biodegradable and sustainable raw materials for packaging by 2030, and reducing operational energy intensity by 35% by 2035.

Earlier this year, GM announced its commitment to eliminate emissions from newly launched light vehicles by 2035, achieve carbon neutrality by 2040, and work toward science-based greenhouse gas reduction targets.

GM also signed an open letter supporting the Biden administration's climate response commitments and climate goals to reduce greenhouse gas emissions by 2030.

Furthermore, GM reports its annual data according to various corporate financial disclosure frameworks such as the Carbon Disclosure Project (CDP), Sustainability Accounting Standards Board (SASB), UN Global Compact (UNGC), and UN Sustainable Development Goals (UN-SDGs).

Mary Barra, GM Chairperson, emphasized, "A massive technological transformation that changes everything in history often alienates people," adding, "GM's transition to a fully electrified era will be fair and inclusive."

This content was produced with the assistance of AI translation services.