Shaping the future of transport
As a provider of commercial transport solutions, the Volvo Group’s products and services play an important part in our everyday lives – they are drivers for economic growth, and enable people and societies to fulfil their basic needs. As a Group, we are driven by the conviction that it is possible to run a financially sustainable business, while also creating long-term value for our stakeholders.
Taking social, economic and environmental responsibility is not only about managing risks, it also creates business opportunities and builds trust. It is an effective way to contribute to the development and welfare of society and ultimately to fulfilling our vision – to become the world leader in sustainable transport solutions.
Vehicles for growth and development
We have a long history of developing pioneering products and services for the transport and infrastructure industries. In addition, we are convinced that our products and services will also play an important part in the sustainable society. Our future success depends on continuing to develop pioneering products and services and converting them into financially viable products and services.
We develop tomorrow's transport solutions today.
Responsible business is good business
We are committed to conduct business in a responsible way. The Volvo Group's vision is to become the world leader in sustainable transport solutions. Our Corporate Social Responsibility (CSR) approach is based on our vision, core business, operating context, stakeholders' expectations as well as our core values and company culture. Our approach to CSR encompasses risk management and value creation dimensions.CSR enables the Volvo Group to contribute to sustainable development and to make a positive contribution to society.
It is our firm belief there is no contradiction between running a financially viable business while taking social and environmental concerns into account. We are convinced this approach will ensure long-term success for Volvo Group by reducing risks, costs and seizing new business opportunities.
Responsibility is deeply rooted within Volvo Group and is based on our values and the principles in our Code of Conduct. We strive to assume economic, environmental and social responsibility for our operations, products and services within our sphere of influence in the value chain. Our commitment is reflected and implemented in policies, decisions and actions.
Code of Conduct
The Code of Conduct is the Group’s policy for Corporate Social Responsibility. The Code expresses the principles for conducting business in an appropriate, responsible and transparent manner. It is the minimum level of behavior and is mandatory for all Group companies.
Already in 1982 we adopted our first ethical guidelines, the predecessor of today's Code of Conduct. The current policy was adopted by the Board of Directors in 2003.
Volvo Group strives to be transparent about our performance, ambitions and strategies. We are periodically assessed by the investor community, industry associations, and organizations on our environmental, social and governance (ESG) performance.