Mercedes-Benz stock: Hydro deal sets lower-carbon supply targets
Published on 11/14/2026 at 11:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSClimate targets reshape supply strategy
- Mercedes-Benz presented sharper emissions targets and supply-chain measures on November 10.
- A long-term Hydro agreement covers lower-carbon and recycled aluminium for future vehicles.
- The company is also testing hydrogen-based steel production across the supply chain.
Mercedes-Benz unveiled a tighter climate roadmap on Tuesday, November 10, while linking its supply chain to lower-carbon aluminium and a steel pilot. The company said the measures are intended to combine decarbonization with supply resilience and competitiveness, according to Mercedes-Benz Media.
The company set an ambition to cut its production emissions by 90 percent, vehicle-use emissions by 80 percent where market conditions allow, and emissions across relevant value-chain stages by 70 percent by 2039, each compared with 2019. It also targets net zero by 2049 at the latest.
Hydro agreement adds supply visibility
Mercedes-Benz signed a binding long-term offtake agreement with Hydro covering primary aluminium from 2026 to beyond 2030. The planned carbon footprint declines to 3.5 kilograms of carbon dioxide equivalent per kilogram by 2028 and to 3.0 kilograms from 2030. The agreement covers at least 10 percent of Mercedes-Benz's primary aluminium demand and includes Hydro CIRCAL recycled aluminium from 2027.
The automaker also joined the Aluminium Sector of the First Movers Coalition and plans to source at least 10 percent of its annual primary aluminium demand under the coalition's criteria by 2030. In steel, a pilot connected iron ore, hydrogen-based direct reduction and a vehicle component; Mercedes-Benz and HyIron signed a memorandum of understanding to assess industrial scale-up.
Mercedes-Benz stock traded at 40.64 euros on Lang & Schwarz at 11:48 CET on Saturday, November 14, 0.29 percent below the Xetra close of Friday, November 13. Across the week, the Xetra close declined 1.92 percent from 41.56 euros on Friday, November 6, to 40.76 euros on Friday, November 13.
Mercedes-Benz Group share facts
- Company: Mercedes-Benz Group AG
- ISIN: DE0007100000
- Ticker: MBG.DE
- Home exchange: Xetra
- Latest quote: 40.64 euros on Lang & Schwarz, Saturday, November 14, 2026, at 11:48 CET
- Latest Xetra close: 40.76 euros on Friday, November 13, 2026
- Weekly change: -1.92 percent, from 41.56 euros on November 6 to 40.76 euros on November 13
Broader market context is available in Current market reports.
Investors can follow further developments on the company's emissions targets, materials strategy and supply-chain projects through More news and analyses on Mercedes-Benz stock.
