Mercedes-benz Group Ag · XETR:MBG
Mercedes-benz — ESG Conference 2023
10 slides from Mercedes-benz's conference presentation, 2023
Slide 1: Doing Our Part – Financing our transformation in a sustainable manner
DOING OUR PART – ESG CONFERENCE 2023 – – MERCEDES-BENZ GROUP – FINANCING OUR TRANSFORMATION IN A SUSTAINABLE MANNER.
Slide 2: Sustainable Finance
SUSTAINABLE FINANCE – ESG CONFERENCE 2023 – – MERCEDES-BENZ GROUP – Harald Wilhelm Member of the Board of Management of Mercedes-Benz Group AG, Finance & Controlling/Mercedes-Benz Mobility
Slide 3: Capital Allocation: Doing Our Part
CAPITAL ALLOCATION DOING OUR PART Capital allocation: driven by “Electric only” – ESG CONFERENCE 2023 – – MERCEDES-BENZ GROUP – Investments: -80% in non-BEV by 2026 Low-carbon shares: steady increase EU Taxonomy: full support for climate goals
Slide 4: "Electric Only" - Managing the transformation in a profitable way
CAPITAL ALLOCATION “ELECTRIC ONLY” - MANAGING THE TRANSFORMATION IN A PROFITABLE WAY Recap MBSU e-drive July 2021 Recap MBSU e-drive July 2021 Variable costs per unit 2 CAPEX and R&D investments > -20% Investments – ESG CONFERENCE 2023 – – MERCEDES-BENZ GROUP – BEV BEV ICE & PHEV -80% EU7 ICE Drivet
Slide 5: EU Taxonomy Disclosing: "Electric Only" driving capital allocation
EU TAXONOMY DISCLOSING1 “ELECTRIC ONLY” - DRIVING CAPITAL ALLOCATION “All electric” by end of the decade5 -80% non-BEV investments by 2026 Increase in line with “Electric only” – ESG CONFERENCE 2023 – – MERCEDES-BENZ GROUP – 54% 35% CapEx intang. Assets3 >40% 44% 24%2 10% CapEx pp&e capitalised R&D2
Slide 6: Green Finance: Doing Our Part
GREEN FINANCE DOING OUR PART Green Finance Framework: overhauled – ESG CONFERENCE 2023 – – MERCEDES-BENZ GROUP – Green Financing Instruments: variety increased Revolving Credit Facility: linked to climate protection targets Green Bond: first issuance outside of Europe
Slide 7: Green Finance: Financing our transformation in a sustainable manner
GREEN FINANCE FINANCING OUR TRANSFORMATION IN A SUSTAINABLE MANNER – ESG CONFERENCE 2023 – – MERCEDES-BENZ GROUP – GREEN FINANCE FRAMEWORK REVOLVING CREDIT FACILITY GREEN PANDA BOND In line with Ambition 2039 In line with Ambition 2039 First automaker to issue a Green Panda Bond “DARK GREEN” by CICE
Slide 8: ESG Communication & Reporting
ESG COMMUNICATION & REPORTING WE PROVIDE TRANSPARENCY AND SUPPORT DIRECT COMMUNICATION WITH OUR SHAREHOLDERS – ESG CONFERENCE 2023 – – MERCEDES-BENZ GROUP – Multi-platform-based shareholder communication & Comprehensive disclosure according to capital market standards & frameworks C OM M U N IC A TI
Slide 9: Key Takeaways
KEY TAKEAWAYS CAPITAL ALLOCATION In line with “Electric only” and Ambition 2039 – ESG CONFERENCE 2023 – – MERCEDES-BENZ GROUP – EU TAXONOMY Taxonomy-aligned indicators expected to increase GREEN FINANCE FRAMEWORK funding of our strategy in a sustainable manner with even more instruments to come such
Slide 10: 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