GM Recognized by Dow Jones Indices for Sustainability Efforts
General Motors has once again been ranked on two Dow Jones sustainability indices — one for North America and one for the world.
These highly influential indices track thousands of companies around the world and rank them based on their financial stability, environmentally friendly practices, and corporate responsibility. It’s the fourth time GM has been ranked on the North American index and the second time it has shown up on the global index.
“This recognition is really a testament to the hard work of our global employees and partners,” said David Tulauskas, GM’s director of sustainability. “We see long-term value in having a sustainable mindset and addressing (environmental, social, and governance) factors to achieve our vision of a world with zero crashes, zero emissions, and zero congestion.”
Over the past few years, GM has made long strides toward more sustainable corporate practices. One of the automaker’s most ambitious goals is to get all its electricity from 100% renewable sources by 2050. By the end of this year, 20% of GM’s electricity needs will come from renewable sources.
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GM is also working to reduce carbon intensity at its sites around the world. The initial target was a 20% reduction by 2020, but the company has already beaten that goal.
In addition to these sustainability goals and practices, GM is also making a dramatic push to develop eco-friendly vehicles. The company’s initial goal is to launch at least 20 all-electric vehicles around the world by 2020.