Solid Progression: GM’s Operational and Product Sustainability
As you know by now from reading our blog, General Motors is committed to reducing its environmental impact.
With the release of an interim update of its inaugural sustainability report earlier this week, GM can say unequivocally that they have realized year-over-year gains against all of their 2020 environmental goals.
The updated version covers topics ranging from energy efficiency to water conservation, and everything else in between.
“Sustainability is an important part of our success as a company – increasing efficiency of our operations to improve our bottom line while driving top-line growth through vehicles that meet customer needs,” said GM Chairman and CEO Dan Akerson. “This report provides insight on how we are helping address global challenges and delivering value through a long-term commitment to safety, quality and environmental and social responsibility.”
And, GM delivered these results while maintaining a strong balance sheet. It has now recorded 11 consecutive quarters of profitability for the first time in more than a decade.
“As a profitable business, we’re able to do more, be proactive and maintain a long-term perspective,” said Akerson. “Our commitment to sustainability is critical to profitability because re-shaping our business, brands and culture is not only for our stakeholders today, but for future generations as well.”
The report covers the latest sustainability updates in key areas of GM’s business model to design, build, and sell the world’s best vehicles and create a self-sustaining cycle of reinvestment.