93 BMW Group Report 2024 To Our Stakeholders Combined Management Report Group Financial Statements Responsibility Statement and Auditor’s Report Remuneration Report Other Information Sustainability Statement P R I N C I P L E S A N D G E N E R A L D I S C L O S U R E S 95 General Basis for Preparation of the Sustainability Statement 96 Sustainability Strategy 97 Materiality Assessment 103 Material Impacts, Risks and Opportunities and their Interaction with Strategy and Business Model 105 Stakeholder Engagement 108 Principles of Governance by the Board of Management and Supervisory Board 113 Renumeration of the Board of Management and the Supervisory Board 114 Internal Control System for Sustainability Reporting 115 Statement on Due Diligence E N V I R O N M E N T A L I N F O R M A T I O N 117 Climate Change Mitigation and Adaptation 127 Holistic Environmental Management within the BMW Group 128 Energy Efficiency and renewable Energy 131 Reduction of Environmental Pollution 133 Responsible Use of Water Resources 137 Commitment to protecting Biodiversity 140 Circular Economy and Resource Use 147 EU Taxonomy S O C I A L I N F O R M A T I O N 161 Social Responsibility 163 Own Workforce 175 Social and Environmental Responsibility in the Supplier Network 181 Consumers and End-Users G O V E R N A N C E I N F O R M A T I O N 189 Combating Corruption and Bribery 191 Political Involvement and Lobbying Activities O T H E R E S G I N F O R M A T I O N 195 Other Environmental Information 199 Glossary and Explanation of Key Figures 228 List of material Impacts, Risks and Opportunities 234 List of phased-in Disclosure Requirements 234 List of Datapoints that derive from other EU Legislation 237 ESRS-Index SUSTAINABILITY STATEMENT IN ACCORDANCE WITH ESRS