ESG-Performance & Reporting

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ESG (Environmental, Social, Governance) refers to the basic principles of doing business sustainably. The Volkswagen Group’s stakeholders (e.g., investors, employees, customers and NGOs) have high expectations of the company’s ESG performance, including in action areas such as decarbonization and integrity. ESG performance thus directly affects the Group’s market capitalization and cost of capital as well as, for example, its attractiveness as an employer. The aim of one specific Group initiative within the Group strategy 2030 is therefore to improve the Group’s ESG performance in order to, among other things, ensure its investment capability and optimize its cost of capital.

ESG Factbook

To the ESG Factbook

The ESG Factbook focuses on providing both quantitative and qualitative references and “Further Information” across the core dimensions of Volkswagen`s Environmental, Social, and Governance sections. In addition the Factbook also addresses broader ESG-relevant topics such as Just Transition and other emerging themes. It is primarily grounded in disclosures of the Annual Report 2024, with particular emphasis on the Sustainability Report 2024 as the core reference. To ensure a holistic and well-substantiated view, the Factbook also integrates insights from additional authoritative sources, including corporate policies, official websites, and other relevant governance documents.

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Reporting

To the reports

For the reporting year 2024, Volkswagen AG is issuing a combined, non-financial statement (sustainability report) for the Volkswagen Group and Volkswagen AG.

Sustainability in the Supply Chain

The Volkswagen Group takes its corporate responsibility for human rights and the environment very seriously. Our goal is to create responsible supply chains for future generations.

Policies

The Volkswagen Group has made a commitment to sustainable, transparent and responsible management.

Memberships

The Volkswagen Group is an active partner in global, national and topic-specific sustainability networks on various levels and projects.