June 8, 2007

GM Releases Corporate Responsibility Report

General Motors has released its 2005/2006 Corporate Responsibility Report.

In 2004, both GM’s global energy use and CO2 targets of 10 percent and eight percent, respectively, were met successfully -one year ahead of schedule. Therefore, for 2005-2010, GM has established new goals for global energy and CO2 emissions of an additional 10 percent and eight percent, respectively. GM’s energy goal is based on an absolute reduction in BTUs, while the CO2 goal is based on an absolute reduction in tons of CO2 emissions. The only material greenhouse gas emission from GM’s facilities is CO2.

GM’s global facility CO2 reduction from 2000-2005 was 15.5 percent, while GM’s global vehicle production in 2005 was over nine million vehicles. GM says that the difference between its CO2 target and the energy target is due to the various ways the electricity is generated. CO2 emissions from GM’s purchased electricity equates to approximately 66 percent of GM’s CO2 footprint globally. GM says it continues to implement its global energy strategy with a goal to grow its ‘?green power’ purchases.

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