Accelerating an All-Renewable Future In 2021, we accelerated our timeline for sourcing 100% of our electricity from renewable sources for our U.S. sites to 2025, five years earlier than previously announced and 25 years ahead of our initial target set in 2016. In doing so, we also will help drive growth in the renewable energy sector. Just as GM has the scale to promote widespread adoption of EVs, we also have the scale to help bring about a transition to renewable power sources across the United States. We are the 12th largest offtaker in the world 1 , and largest in the automotive industry, of renewable power purchase agreements by capacity. Reducing our own operational carbon footprint and setting up the grid for a future in which EVs can charge using renewable power for electricity is an essential part of our zero-emissions vision. By accelerating our renewable energy for electricity goal, GM aims to avoid 1 million metric tons of carbon emissions that could have been produced between 2025 and 2030. The accelerated U.S. goal will position us to continue working toward our goal of sourcing 100% renewable energy to power global operations by 2035. This U.S. goal builds upon approval of our targets. In 2021, the SBTi assessed GM’s official submission against the Call to Action’s eligibility criteria. The target submission for Scope 1 and 2 emissions is a reduction of absolute emissions of 72% by 2035 from a 2018 base year, which meets the minimum ambitions for a 1.5°C pathway. We are currently on track to meet the target by 2035 with 25% of our global electricity powered by renewable energy in 2021. Quantifying the Impact 5 the number of years we have accelerated our goal to source 100% renewable energy to supply electricity for our U.S. sites. 1M metric tons of potential carbon emissions avoided if we meet our goal by 2025 instead of 2030. The GHG emissions equivalent of 125,963 homes’ energy use annually. 1 BloombergNEF Skip Navigation Introduction Reducing Emissions Design for Environment Technology Customers Safety Diverse Workforce Human Rights Supply Chain Communities Governance 2021 SUSTAINABILITY REPORT 27
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