120 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 CO2e steering logic At the time of target derivation for Scope 3 target, the target value for 2030 fully meets the requirements of the SBTi Well Be- low Two Degrees pathway, but is approximately 30% higher than these theoretical targets with reference to an ideal 1.5°C pathway according to the requirements and methodology of in- dependent organisations. As part of the development of corridors up to 2035, the demand for an increasing acceleration of decar- bonization is being increasingly taken into account. To achieve the CO2e targets, specific decarbonisation levers are identified, assessed, approved and implemented specifically for each scope. The expected CO2e emissions from the corporate planning are compared with the scope-specific targets. Measures are derived from this process to ensure that the Company’s CO2e targets are achieved by 2030 by means of annual target paths. A structured process – in which the planned emissions are continuously com- pared with the targets and appropriate measures are defined – makes a significant contribution to the Company meeting its cli- mate targets as planned. These transitional measures are an integral part of the climate strategy, which is an integral part of the BMW Group Strategy. The planned product and infrastructure measures will provide a short-term outlook for the avoided or reduced CO2e emissions over a period of six years. The expected Scope 1, 2, and 3 emis- sions (Purchased goods and services, Logistics, Use phase in each case for the Automotive segment) are updated annually on the basis of volume and sales plans and long-term corporate planning. Sustainability matters of relevance to the product port- folio, such as the electrification strategy and the integration of these matters into the continuous strategic process, are pre- sented annually as part of corporate planning, which is approved by the Board of Management and the Supervisory Board. The ongoing implementation of these processes ensures that the corporate strategy and emissions reduction targets are harmo- nised and can be implemented. Monitoring und Reporting– Governance (Group reporting, publications) CO2e Steering logic Corporate strategy Consistency with the objectives of the Paris Agreement Targets for product projects and anchoring in the periodic targets (t CO2/vehicle) of the Purchasing, Development, and Production depart- ments Measures to meet targets and implementation in the technology clusters for all scopes Target guidance and target control (avoidance of CO2e emissions)