#ESG

The Volkswagen Group views sustainability holistically – in environmental, social and commercial terms. The company is determined to create enduring values, provide good working conditions and have a positive impact on human rights all while conscientiously respecting the environment and economically using resources. Here is some additional information on the topic.

16 contents with this tag
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Sustainability
Moving you. Moving forward.
B2023CW00624
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Sustainability Council
Initiator, supporter, critical voice and "challenger" – the roles and tasks of the Volkswagen Group Sustainability Council are as diverse as its topics.
B2023CW00747
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Zero Impact Factory
Zero Impact Factory
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#Project1Hour
On the occasion of Earth Day 2021, the Volkswagen Group for the first time gave its employees worldwide the opportunity to discuss their own contribution to CO2 reduction in a one-hour workshop held during working hours.
#Project1Hour
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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.
Supply Chain_Sustainability
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Engagement
The Volkswagen Group faces its social responsibilities head on by adhering to the two basic principles of continuity and participation. The Group realizes sustainable projects through long-term partnerships.
Engagement
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Stakeholder Engagement
B2023CW00651
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Focus Topics
As we transition from automotive manufacturer to mobility group, we are positioning ourselves for the future. Our strategy defines a total of six focus topics and five additional ESG topics for the area of sustainability and ESG.
Fokusthema Nachhaltigkeit
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ESG-Performance & Reporting
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 Reporting & Performance
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Strategy
With the Group strategy NEW AUTO – Mobility for generations to come, we are preparing ourselves for the global changes in mobility and thus playing a substantial role in driving Volkswagen’s transformation into a software-oriented company.
Volkswagen Group – Shaping Mobility for Generations
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Reporting
Sustainability Report 2022
Press Release
Volkswagen Group publishes third Responsible Raw Materials Report
This year’s Responsible Raw Materials Report focuses on adjustments to the existing management systems and processes in line with the Supply Chain Due Diligence Act, which has been valid since January 1, 2023, and the introduction of the Responsible Supply Chain System (ReSC). An important component of this is the newly implemented Human Rights Focus System (HRFS). This is intended to identify particularly high risks in connection with human rights violations and the environment to enable quick and appropriate actions. Furthermore, Dr. Kerstin Waltenberg has been appointed Human Rights Officer primarily to check compliance with human rights due diligence.
Aerial view of an open pit
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Stakeholder Relations
Together with its stakeholders, the Volkswagen Group shapes the framework for sustainable and socially responsible conduct.
B2023CW00752
Press Release
Electric island Astypalea: Transformation of mobility fully underway
June 13, 2023 – The island of Astypalea serves as a future laboratory for smart, sustainable mobility. As part of a joint project of the Volkswagen Group and the Hellenic Republic, it is to be gradually converted to e-mobility, digital mobility solutions and green energy. First results are positive: The new, digital mobility solutions are well established, 25 percent of the inhabitants regularly use the ASTYBUS ridesharing service. Over the past twelve months alone it has completed more than 200,000 customer kilometres. Electrification also makes progress: Almost all new cars to be registered on Astypalea are now fully electric.
Astypalea PM
The specified fuel consumption and emission data are determined in accordance with the measurement procedures prescribed by law. 1 January 2022, the WLTP test cycle completely replaced the NEDC test cycle and therefore no NEDC values are available for new type approved vehicles after that date. This information does not refer to a single vehicle and is not part of the offer but is only intended for comparison between different types of vehicles. Additional equipment and accessories (additional components, tyre formats, etc.) can alter relevant vehicle parameters such as weight, rolling resistance and aerodynamics, affecting the vehicle's fuel consumption, power consumption, CO2 emissions and driving performance values in addition to weather and traffic conditions and individual driving behavior. Due to more realistic testing conditions, fuel consumption and CO2 emissions measured according to WLTP will in many cases be higher than the values measured according to NEDC. As a result, the taxation of vehicles may change accordingly as of 1 September 2018. For further information on the differences between WLTP and NEDC, please visit www.volkswagen.de/wltp. Further information on official fuel consumption data and official specific CO2 emissions for new passenger cars can be found in the "Guide to fuel economy, CO2 emissions and power consumption for new passenger car models", which is available free of charge from all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Str. 1, D-73760 Ostfildern, Germany and at www.dat.de/co2.