Man Truck And Bus

MAN Truck & Bus, headquartered in Germany, reported total emissions of approximately 118,700,000 kg CO2e in 2023. This included Scope 1 emissions of 121,000,000 kg CO2e, Scope 2 emissions of 46,000,000 kg CO2e, and Scope 3 emissions of 4,200,000 kg CO2e, with 114,300,000 kg CO2e specifically from the use of sold products. In 2022, the company's total emissions were about 92,700,000 kg CO2e, consisting of 116,800,000 kg CO2e for Scope 1, 59,500,000 kg CO2e for Scope 2, and 3,200,000 kg CO2e for Scope 3, with 89,300,000 kg CO2e attributed to the use of sold products.

MAN Truck & Bus has committed to several climate targets validated by the Science Based Targets initiative (SBTi). The company aims to achieve greenhouse gas neutrality across its entire value chain by 2050 at the latest. For near-term reductions, MAN Truck & Bus has committed to reducing absolute Scope 1 and 2 GHG emissions by 70% by 2030, from a 2019 base year. Additionally, the company targets a 28% reduction in Scope 3 GHG emissions from the use of sold vehicles per vehicle kilometre travelled by 2030, also from a 2019 base year. These targets are consistent with reductions required to keep global warming to 1.5°C. The company also aims to cut CO2 emissions in half by 2025 (from a 2015 base year) through the conversion and modernisation of energy supply, use of renewable energy, and energy efficiency measures.