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ReportAlert.info - Volkswagen Publishes Group Sustainability Report 2007/2008

ReportAlert.info - Volkswagen Publishes Group Sustainability Report 2007/2008

Published 10-03-07

Submitted by CorporateRegister.com Limited

October 3, 2007 - In September 2007 Volkswagen has published its new Group Sustainability Report 2007/2008: 'We are moving into the future responsibly'.

The report illustrates how the Volkswagen Group and its individual employees are facing future challenges of sustainability, focusing on responsibility while enhancing the group’s strong market position with innovative products, now and in the longer term.

Volkswagen views sustainability as an opportunity to demonstrate the long-term innovative and competitive abilities of the organisation. The big questions regarding climate change, the shortage of fossil fuels and sustainable mobility demand new approaches by Volkswagen, as well as increasingly efficient technologies and innovative products.

For Volkswagen, sustainability also means treating the Group's 325,000 employees worldwide responsibly, and demands long-term beneficial relationships for all parties with their business partners, suppliers, investors, neighbours and customers.

The report has attained Global Reporting Initiative application level 'A+' - the best classification in a complex evaluation system. This achievement underscores Volkswagen's high standards in sustainability reporting. This comprehensive insight into Volkswagen's activities towards sustainable development worldwide has been independently assured by PricewaterhouseCoopers.

The report is available in English and German and hard copies may be ordered via: http://www.reportalert.info/ra/VW031007.htm

The Volkswagen Group with its headquarters in Wolfsburg is one of the world's leading automobile manufacturers and the largest carmaker in Europe. In 2006, the Group increased the number of vehicles delivered to customers to 5.734 million (2005: 5.243 million), corresponding to a 9.7 percent share of the world passenger car market. The Group is made up of eight brands from six European countries: Volkswagen, Audi, Bentley, Bugatti, Lamborghini, SEAT, Å koda and Volkswagen Commercial Vehicles. The Group operates 44 production plants in twelve European countries and a further six countries in the Americas, Asia and Africa. Around the world, almost 325,000 employees produce over 24,500 vehicles or are involved in vehiclerelated services. The Volkswagen Group sells its vehicles in more than 150 countries.

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CorporateRegister.com Limited

CorporateRegister.com Limited

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