BMW Group first auto manufacturer to join Ship Recycling Transparency Initiative.

Munich. The BMW Group is the first automobile
manufacturer worldwide to join the Ship Recycling Transparency
Initiative (SRTI). This independent platform, launched in March 2018
by the Sustainable Shipping Initiative, aims to improve measures,
transparency and awareness relating to the issue of ship recycling.
The move signals the BMW Group’s commitment to more sustainable
organisation of transport logistics.

Increased sustainability in the supply chain.

The BMW Group takes a holistic approach to implementing its
sustainability goals that encompasses the entire value chain. As a
global organisation, the company relies on a multifaceted logistics
network – with tasks that range from transporting vehicle parts to
plants (inbound logistics) to distributing finished vehicles to
customers (outbound logistics). Sea logistics plays an important part
in this. The BMW Group therefore makes it a priority to organise its
sea logistics in a responsible manner – especially with respect to
recycling practices for ships.

“Sustainable awareness and transparency are guiding principles
for the BMW Group’s actions. We demand the same from our partners in
our worldwide distribution and transport network,” emphasised
Anita Pieper, responsible for Vehicle Distribution at the BMW Group.
“We are delighted to be the first automobile manufacturer to
become part of the Ship Recycling Transparency Initiative and take a
stand for more transparency in ship recycling.”

About the Ship Recycling Transparency Initiative.

The SRTI adopts a voluntary market-driven approach to sustainable
ship recycling practices. As an online platform, it promotes exchange
of information on ship recycling practices and guidelines, and helps
ensure greater transparency in the maritime sector. The Initiative
takes the interests of all its members into account in its efforts to
find joint solutions and establish a new standard for responsible ship recycling.

Recycling at the BMW Group.

The BMW Group has always developed sustainable recycling processes
within the company – especially in the area of vehicle recycling. To
gradually increase recycling rates, the company tests recycling
concepts for new kinds of vehicle components on an ongoing basis at
its Recycling and Dismantling Centre. The BMW Group also works with
research institutes and suppliers to further implementation of new
recycling technologies. With its “design for recycling”
principle, the company aims to ensure that components can be returned
to the material cycle wherever possible at the end of a vehicle’s lifecycle.

 

If you have any questions, please contact:

Kai Zöbelein

BMW Group Communications Sustainability

Phone: +49-89-382-21170

Kai.Zoebelein@bmw.de

 

The BMW Group

With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW
Group is the world’s leading premium manufacturer of automobiles and
motorcycles and also provides premium financial and mobility services.
The BMW Group production network comprises 30 production and assembly
facilities in 14 countries; the company has a global sales network in
more than 140 countries.

In 2018, the BMW Group sold over 2,490,000 passenger vehicles and
more than 165,000 motorcycles worldwide. The profit before tax in the
financial year 2017 was € 10.655 billion on revenues amounting to €
98.678 billion. As of 31 December 2017, the BMW Group had a workforce
of 129,932 employees.

The success of the BMW Group has always been based on long-term
thinking and responsible action. The company has therefore established
ecological and social sustainability throughout the value chain,
comprehensive product responsibility and a clear commitment to
conserving resources as an integral part of its strategy.

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