Slide 1: SpurWechsel: We are changing lanes – Green Finance Framework
SpurWechsel We are changing lanes Green Finance Framework
Slide 2: Disclaimer
Disclaimer This document contains forward-looking statements that reflect our current views about future events. The words “anticipate,” “assume,” “believe,” “estimate,” “expect,” “intend,” “may,” ”can,” “could,” “plan,” “project,” “should” and similar expressions are used to identify forward-lookin
Slide 3: Contents
Contents 5-9 Sustainable business strategy E 10-18 On the road to CO₂-neutral mobility 19-26 Green Finance Framework S 27-29 Respecting and upholding human rights G 30-35 Managing the Group sustainably 36 Key Messages 3
Slide 4: Sustainable business strategy
Sustainable business strategy
Slide 5: SpurWechsel: We are changing lanes
SpurWechsel We are changing lanes Moving people and goods all over the world - safely, efficiently, comfortably and with innovative technologies that’s our purpose, the basis of our strategy. MOVE – reinvent the invention, PERFORM – create sustainable value, TRANSFORM – reinvent ourselves that’s our
Slide 6: Our purpose: Guiding all of our decisions and actions
Our purpose Guiding all of our decisions and actions Mercedes-Benz Cars Daimler Trucks & Buses Daimler Mobility 6
Slide 7: Our group strategy: Sustainability as an integral part
Our group strategy Sustainability as an integral part… Sustainability & Culture & Climate Integrity Protection Market & Growth Cooperations MOVE Efficiency Automated & Autonomous PERFORM Driving TRANSFORM Customer and Brand Digital Services & Digital Platforms Platforms and Electrification of Drivet
Slide 8: With a focus on six themes and three enablers
… with a focus on six themes and three enablers Climate Protection Human & Air Quality Rights Resource 6 ACTION FIELDS Preservation Data 3 ENABLER Responsibility Livable Cities Traffic Safety + Integrity // People // Partnerships 8
Slide 9: On the road to CO2-neutral mobility
E On the road to CO₂-neutral mobility
Slide 10: CO2 neutrality at Mercedes-Benz Cars: Ambition2039
CO2 neutrality at Mercedes-Benz Cars Ambition2039 2039 2030 We aim to achieve CO2 neutrality for our new 2025 Our goal is to have plug-in hybrids or all-electric passenger car fleet by 2039. 2022 Depending on how conditions develop, we plan to have vehicles account for more than 50 percent of our ca
Slide 11: Daimler Trucks & Buses: Making CO2-neutral transport a reality
Daimler Trucks & Buses Making CO2-neutral transport a reality 2039 CO2-neutral driving operation (tank-to-wheel) by 2039 for new trucks and buses in the markets late 2020s of Europe, Japan, and Hydrogen-based series- North America. production vehicles in the second half of the decade. 2022 Battery-e
Slide 12: Continuous electrification of our product portfolio
Driven by a continuous electrification of our product portfolio… 2019 2020 2021 2022 Stay tuned for more EQC Compacts e.g. EQA EV Purpose Limousines EV Purpose Frontrunner. e.g. EQS SUVs eSprinter EQV eActros Next generation smart from China Start of series production. World‘s first fully-electric S
Slide 13: Our aim to achieve CO2-neutral production
… and our aim to achieve CO2-neutral production By 2022: CO -neutral production at our Mercedes-Benz Car and Van plants worldwide* 2 By 2022: CO -neutral production at our European plants of Daimler Trucks & Buses* 2 By 2030: Fifty percent CO emissions reductions from production operations 2 SBTI By
Slide 14: Committed investments as part of our electrification strategy
Committed investments as part of our electrification strategy €10 bn About €10 billion to expand our fleet of electric vehicles. €1 bn More than €1 billion to expand our battery production. €20 bn Buying battery cells for more than €20 billion in order to systematically promote our Group’s entry int
Slide 15: Electric first: Modular BEV-architecture for zero emission vehicles
Electric first: Modular BEV-architecture for zero emission vehicles Description Development of a flexibly scalable electrical architecture for Mercedes-Benz compact cars up to luxury cars. Suitable for a wide range of vehicle concepts thanks to the modular system design and variable wheelbase, wheel
Slide 16: Factory 56: One of the world's most modern car productions
Factory 56: One of the world’s most modern car productions Description Factory 56, one of the world’s most modern car productions, built at Daimler’s Sindelfingen plant. The factory will be supplied with CO2-neutral energy when it goes into operation, is equipped with a photovoltaic system installed
Slide 17: Battery production network: Nine factories at seven locations
Battery production network: Nine factories at seven locations on three continents Description Daimler is investing more than one billion euros in a global battery production network within the global production network of Mercedes-Benz Cars. In total, the battery production network consists of nine
Slide 18: Green finance framework
Green finance framework
Slide 19: Daimler's green finance framework is part of our SpurWechsel
Daimler’s green finance framework is part of our SpurWechsel – We are changing lanes Project Management of Use of proceeds evaluation and Reporting External review proceeds selection Daimler’s green finance framework is developed to be in line with both the ICMA Green Bond Principles, as well as LMA
Slide 20: More than 50% of proceeds will be allocated to clean transportation (1/2)
More than 50% of proceeds will be allocated to clean transportation (1/2) GBP & GLP Eligible assets Targeted SDGs Targeted EU Investment Examples Categories Environmental Objectives • Development and Climate change mitigation • Modular BEV-architecture production of zero • Volvo Group & Daimler Truc
Slide 21: More than 50% of proceeds will be allocated to clean transportation (2/2)
More than 50% of proceeds will be allocated to clean transportation (2/2) GBP & GLP Eligible assets Targeted SDGs Targeted EU Investment Examples Categories Environmental Objectives • Waste management Pollution prevention and • Factory 56 (waste management) • Emission reduction control • CO2 neutral
Slide 22: Project evaluation and selection
Project evaluation and selection A Green Finance Committee, mandated by the Group Sustainability Board comprising four permanent members from the Board of Management and top management representatives, will review and verify potential Green Assets Comprised by representatives from: Sustainability Co
Slide 23: Management of proceeds
Management of proceeds Proceeds will be allocated to projects approved by the Green Finance Committee Proceeds will be allocated within one year Proceeds will be allocated to eligible green assets originating no more than three years prior to the date of issuance Prior to disbursement, proceeds will
Slide 24: Reporting
Reporting Daimler is firmly committed to transparency and will produce an annual Green Finance Investor Report Allocation reporting will, to the extent feasible, consist of • A description of the portfolio • Type of financing and respective amounts • The split between new financing and re-financing
Slide 25: Second Opinion by leading provider of independent reviews of green bonds
Second Opinion by leading provider of independent reviews of green bonds SHADES OF GREEN Daimler’s green finance framework was rated by CICERO CICERO Green provides second as Dark Green. Dark Green is allocated to projects and opinions on institutions’ solutions that correspond to the long-term vi
Slide 26: Respecting and upholding human rights
S Respecting and upholding human rights
Slide 27: We are committed to upholding human rights in our supply chain
We are committed to upholding human rights in our supply chain 2021 2025 2028 100% 70% 100% Our objective with regard to our Our objective is to review 70 percent Our objective for 2028 is to define service supply chain is to of all high-risk production raw measures for addressing 100 complete our e
Slide 28: Supply chain: CO2 neutral battery cells and observance of human rights
Supply chain: CO2 neutral battery cells and observance of human rights Description The sustainability partnership with Farasis Energy (Ganzhou) Co., Ltd. comprises the production of battery cells produced with electricity from renewable energies as well as recycling and the observance of human right
Slide 29: Managing the Group sustainably
G Managing the Group sustainably
Slide 30: Our group & governance structure
Our group & governance structure Basis of a sustainable governance… reports Supervisory Board Composition (20 members) Equal share of Shareholders’ and Annual Shareholders‘ Elects members representing the Employees’ representatives shareholders, ratifies the action of Appoints, Meeting advises and m
Slide 31: Clear lines of responsibility in all business divisions
…with clear lines of responsibility in all business divisions Board of Management (BoM) REPORT ON PROGRESS Management Group Sustainability Board (GSB) compensation is linked to non-financial Chair: BoM member for Group Research and Mercedes-Benz Cars Chief Operating Officer & sustainability targets.
Slide 32: Our strategy is guided by international framework agreements
Our strategy is guided by international framework agreements,… The ten principles of the UN Global Compact provide a fundamental guide for our business operations. Our internal principles and policies are founded on this international frame of reference and other international principles. Our goal i
Slide 33: Our corporate principles and integrity
… our corporate principles and integrity Doing the right thing by living our values We adhere to internal and external rules, we act according to our corporate principles and we listen to our inner compass. We have incorporated integrity-related issues in our culture and our compliance management sy
Slide 34: Integrity Code: Our overall legal and ethical framework
Integrity Code Our overall legal and ethical framework Concretize UNDERSTANDING of Integrity@Daimler Legal and ethical FRAMEWORK for all entities at Daimler Coverage of FUTURE STRATEGIC TOPICS Strengthen AWARENESS and underline IMPORTANCE for In addition to the Integrity the topic of INTEGRITY Code,
Slide 35: Key Messages
Key Messages Daimler articulates its sustainability business strategy through its funding by launching a Green Finance Framework The Green Finance Framework is in line with the ICMA Green Bond Principles as well as the LMA and APLMA Green Loan Principles Cicero has provided a Second Party Opinion wi