AutomakerXETRA: MBG

Mercedes-Benz Group

40Mixed / Improving

Stuttgart, GermanyFounded 19260 followers

www.mercedes-benz.com

German luxury automaker producing the EQ-series fully electric line (EQS, EQE, EQB) while maintaining a large ICE and PHEV portfolio across passenger cars, vans, and trucks globally.

Green Score

40/100
Mixed / Improving
Greenwashing risk
high
Data confidence
high
Method
how it is calculated
Climate Impact & Solution35%30

Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.

The vast majority of Mercedes-Benz's fleet remains ICE or PHEV; BEV passenger car share was only ~9–10% globally in 2024 and full-year global BEV car+van sales fell ~22% YoY, meaning the core product still delivers high lifecycle emissions at scale.

Decarbonization & Targets20%55

Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.

SBTi has validated Mercedes-Benz AG's Scope 1+2 target (−50% by 2030 vs 2018) at 1.5°C and a Scope 3 use-phase target (−42% per vehicle-km by 2030) at well-below-2°C; the company also has a 'Ambition 2039' net carbon-neutral new-vehicle fleet goal, but Scope 3 carbon budget is projected to be exceeded by ~19% in the 2020–2025 period and the original 'all-electric by 2030 where market conditions allow' target was quietly dropped.

ESG & Operations15%52

Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.

Production sites have been net carbon-neutral since 2022 (using offsets and green electricity), a battery recycling plant with >96% material recovery rate opened in 2024, and the company leads peers on supply-chain raw-material due diligence; however, labour and social practices in the broader supply chain, particularly cobalt sourcing, remain areas of ongoing monitoring rather than verified resolution.

Transparency & Verification15%63

Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.

Mercedes-Benz achieved a CDP A− in 2024, publishes annual Climate Transition Action Plans, TCFD/SASB/GRI-aligned sustainability reports, and integrates sustainability into its annual report for the first time in 2024; however, InfluenceMap flags that the company excludes at least three industry associations actively engaged on climate policy from its disclosure, and the gap between public climate messaging and actual lobbying positions is not fully reconciled.

Integrity15%35

Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.

Mercedes-Benz faces severe and ongoing integrity headwinds: a $149.6M settlement with 48 U.S. states in December 2025 over diesel defeat devices installed across ~211,000 vehicles between 2008–2016 (on top of a prior $2.2B U.S. federal settlement in 2020), continued investigations in Canada and by the German KBA with mandatory recalls through 2024, South Korean sanctions, a 2024 Brazilian antitrust proceeding, and documented lobbying to weaken EU CO2 fleet standards and oppose ICE bans.

Why it's on ClimateTicker

Mercedes-Benz is a legacy luxury ICE automaker in a difficult electrification transition: it holds SBTi-validated near-term targets and publishes detailed climate disclosures, but its EV share remains in the low double digits, BEV sales fell sharply in 2024, and the company actively lobbied against strict EU CO2 fleet standards while still facing the tail of a multi-decade diesel defeat-device scandal. The gap between marketing ambition and verified product-level impact is meaningful and warrants scrutiny.

laggardMercedes-Benz generates revenue primarily by designing, manufacturing, and selling premium and luxury passenger cars, vans, and trucks globally under the Mercedes-Benz, Mercedes-AMG, and Mercedes-Maybach brands, supplemented by financial services and mobility solutions.

Commitments & Certifications

Controversy & Greenwashing Watch

highDiesel Defeat Device — U.S. Multi-State Settlement ($149.6M)

In December 2025, Mercedes agreed to a $149.6M settlement with 48 U.S. states over illegal defeat devices installed in ~211,000 diesel vehicles between 2008–2016 that allowed vehicles to far exceed NOx limits in real-world operation.cnbc.com

highLobbying to Weaken EU CO2 Fleet Standards and Oppose ICE Ban

Mercedes-Benz's CEO and 2024 Climate Policy Report actively advocated for weakening EU CO2 standards for light-duty vehicles, removing non-compliance penalties, opposing an ICE ban, and calling for technology-neutrality — directly undermining the regulatory environment needed for decarbonisation.lobbymap.org

mediumBEV Sales Collapse and Dropped 'All-Electric by 2030' Ambition

Global BEV passenger car sales fell ~22% in 2024, with the flagship EQS sedan down 52% in the U.S.; Mercedes quietly softened its earlier 'all-electric by 2030 where markets allow' target, undermining prior EV transition marketing claims.marklines.com

mediumUndisclosed Industry Association Climate Lobbying

InfluenceMap found that Mercedes-Benz failed to disclose the climate policy advocacy of at least three member industry associations — including Business Europe, FCAI, and SIAM — whose positions oppose science-aligned climate regulation.ca100.influencemap.org

highOngoing Global Diesel Investigations (Canada, Germany, South Korea, Brazil)

Canadian regulators, the German KBA (mandatory recalls through 2024), South Korean authorities (sanctions imposed and appealed), and a Brazilian antitrust body (proceeding opened July 2024) all continue active diesel-emissions investigations against Mercedes-Benz.sec.gov

highDiesel Defeat Device — U.S. Federal Settlement ($2.2B)

In 2020, Mercedes paid $2.2B to resolve U.S. federal government emissions cheating allegations and claims from 250,000 U.S. vehicle owners related to undisclosed auxiliary emission control devices.cnbc.com

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