GM Unveils 2023 Sustainability Report
Central to this strategy is the Ultium battery platform, designed to power a range of vehicles from mass-market to high-performance models. GM, along with its subsidiaries and joint ventures, markets vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun, and Wuling brands.
A Commitment to a zero-emission future
The 2023 Sustainability Report showcases GM's dedication to creating an equitable, zero-emissions future and advancing its carbon-neutral goals. The comprehensive report details the company's strategic initiatives to accelerate EV adoption, establish sustainable supply chains, and develop a future-ready grid powered by renewable energy.
Key Areas of Focus
GM's sustainability efforts concentrate on several key areas:
- Environmental Stewardship
- Innovation
- Social Responsibility
- Governance
"Sustainability is not just good policy. It's good business — good for the company, for employees, and for recruiting and retaining the best people, people who will help us achieve our vision," said GM Chair and CEO Mary Barra. "We've made tremendous strides through our investments and innovations in electric and autonomous technology, and we're going to expand our reach, especially with many important EV launches across a wide range of price points and segments this year."
Key highlights from the report
The report includes several significant initiatives and achievements:
- ZEROgrid Initiative: GM has joined forces with other industry leaders and the Rocky Mountain Institute to drive progress toward a less carbon-intensive, more reliable, and affordable grid.
- North American Charging Standard (NACS): GM plans to integrate NACS into future EVs, providing access to more than 15,000 superchargers by 2024.
- First Movers Coalition: GM is expanding its commitment to this coalition to include materials like steel, aluminium, concrete, and cement.
- Philanthropy: GM has provided $64 million in grants to nearly 400 U.S.-based nonprofits, creating inclusive solutions to social issues.
"At GM, we are taking important steps toward supporting the transition to a more sustainable, zero-emissions future for everyone," said Kristen Siemen, GM's chief sustainability officer. "We continue to make progress integrating sustainability into our business from the initial design and selection of materials, through product development and manufacturing, to innovative solutions for end of life. While there's more work to do, we are proud of our progress and are moving purposefully."
Reporting Standards and Accessibility
The 2023 Sustainability Report has been prepared about the Global Reporting Initiative (GRI) 2021 Standards and includes responses to the Sustainability Accounting Standards Board (SASB) framework. The report is available for viewing and download at GMsustainability.com, providing stakeholders and the public with comprehensive insights into GM's sustainability journey and its commitment to an equitable, all-electric future.
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