German rating agency puts Renault and BMW at top of sustainability league table
Fri 30 April 2010
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A new report by leading German rating agency OEKOM Research AG puts French vehicle manufacturer Renault and German car maker BMW at the top of a new sustainability league table. Carmakers are rated on a scale from A+ to D- according to a series of criteria ranging from average CO2 emissions and climate policies to corporate governance and health and safety at the workplace.
Renault came out on top with a score of B, followed by the BMW Group, also with a B, and PSA Peugeot Citron with a score of B-.
ENDS reports that the analyst responsible for the automotive sector at OEKOM, Till Jung, highlighted in particular Renault's plans to reduce average CO2 emissions to 95 g/km by 2020, a target which would represent a cut of 33 per cent on the company's 2008 figures.
Meanwhile, the BMW Group has announced its intention to reduce fleet emissions by at least 25 per cent by 2020. This would be equivalent to CO2 emissions of around 117 g/km representing the most ambitious plan of any of the German car makers.
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