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Volkswagen Group (FRA:VOW) publishes Sustainability Report 2009/2010
Volkswagen Group (FRA:VOW) publishes Sustainability Report 2009/2010
Published 10-09-09
Issued by Volkswagen AG
Summary
The report provides a unique insight into the company's global activities & commitment to sustainable development
Report Highlights
Report Profile
Ideas drive Volkswagen forward. That‘s why “Driving Ideas” is the motto of the third Volkswagen Group Sustainability Report. www.SustainabilityReport2009.volkswagenag.com
The social and environmental challenges of our times form an integral part of Volkswagen’s activities, closely linked with the Group‘s core economic processes.
The main concern of the report is to make this comprehensive perspective available to all interested stakeholders, such as financial market players and potential candidates for future management roles, and enter into a dialogue with them. This holistic approach provides a unique insight into the global activities of the company and into the Volkswagen Group‘s commitment to sustainable development. The Sustainability Report, which has been inspected by the PricewaterhouseCoopers firm of auditors in line with the AccountAbility AA1000 Assurance Standard (2008), also documents the fact that this commitment is rewarded by the inclusion in the most important international sustainability indexes. Furthermore, the GRI has confirmed that the reporting qualifies for Application Level A+.
Facts, Figures and Goals
The key indicators section covering environmental, financial and social metrics has been substantially expanded and for the first time includes the CO2 emissions figure for Volkswagen’s new car fleet in Europe. Another major innovation is the presentation of relative indicators, facilitating comparison and making for greater transparency.
As in past reports, goals are shown together with the relevant deadlines.
Internet concept
In the online Sustainability Report the reader will find the full contents of this report along with more extensive and in-depth information covering the reporting period of the last two years. Volkswagen has provided numbered quick links to this content at the appropriate points in the report.
The Volkswagen Group based in Wolfsburg, Germany is one of the world’s leading automobile manufacturers and the largest automaker in Europe with almost 370,000 employees, 6.257 delivered vehicles to customers in 2008 and a Group’s sales revenue of €113.8 billion in 2008..
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Volkswagen AG
Volkswagen AG
The Volkswagen Group, with its headquarters in Wolfsburg, is one of the world's leading automobile manufacturers and the largest carmaker in Europe. In 2010, the Group increased the number of vehicles delivered to customers to 7.203 million (2009: 6.336 million), corresponding to a 11.4 percent share of the world passenger car market. In Western Europe just over one in five new cars (21.0 percent) comes from the Volkswagen Group. Group sales came in 2010 to 126,9 billion euros (2009: 105.2 billion). Profit after tax in the 2010 financial year amounted to 7.2 billion euros (2009: 0.9 billion). The Group is made up of nine brands from seven European countries: Volkswagen, Audi, SEAT, Skoda, Volkswagen Commercial Vehicles, Bentley, Bugatti, Lamborghini and Scania. For more information, please visit www.volkswagenag.com.