The 2013 Sustainability Report describes how the Volvo Group addresses economic, environmental and social challenges and opportunities to contribute to sustainable development. The report is an important platform for dialogue with investors, employees, business partners and other stakeholders.
“Traditionally, sustainability in the transport industry has first and foremost involved reducing environmental impacts. Naturally, the environmental dimension is still very important, but the Volvo Group has a broader focus and we pay equal attention to economic and social sustainability,” says Volvo Group President and CEO Olof Persson.
“Striving to reach our vision of becoming the world leader in sustainable transport solutions, we will drive product and service development; advance our position and capture market share, while contributing to a more sustainable transport system.”
Some highlights from the Sustainability Report for 2013:
• The Volvo Group launched a City Mobility Program in five cities, with plans to expand to ten cities
• The Volvo Group reduced energy consumption by 60 per cent in plug-in hybrid bus trials
• The Volvo Group certified its factory in Braås, Sweden, as the first construction equipment plant and the Group’s fourth manufacturing site to become carbon neutral
• The Volvo Group introduced vocational training schools to open across ten countries in Africa in a partnership with Sida and USAID
• The Volvo Group strengthened labour relations with the new Volvo Global Dialogue forum
• The Volvo Group reinforced governance with a new CSR Supply Chain Steering Committee
The report is available on www.volvogroup.com/sustainabilityreport. You can download a PDF version.
See also an infographic on the Volvo Group’s approach to sustainability and read more about Volvo Group sustainability at www.volvogroup.com
March 26, 2014
For further information please contact: Malin Ripa, AB Volvo, Sustainability & Public Affairs, phone +46 3166 1161 or +46 739 020 160.