It highlights not only positive effects – new jobs, increase of opportunities for participation and fostering regional structures and prosperity – but looks equally at detrimental effects as well, caused in particular through emissions and resource consumption. As in the previous year, the Volkswagen Group Sustainability Report is appearing exclusively online. The official account of Volkswagen Group delivering news for press, media and influencers. The company sells its vehicles under 12 different brands. This goes beyond simply recycling vehicles at the end of their life-cycle. Environment ", Bernd Osterloh, Chairman of the Group and the General Works Council, added: " For us as a Works Council, equal opportunities, education, strengthening of solidary values and supporting disadvantaged people are of tremendous importance in all of life’s circumstances. Incidentally, although Volkswagen’s 2017 sustainability report is comparable to its 2018 report, one cannot compare these two documents to its 2016 report. 2016 Annual Report • 1 2016 ANNUAL REPORT July 1, 2015 - June 30, 2016 OHIOHOUSING FINANCE AGENCY At the same time, the report is a progress report to the United Nations Global Compact (UNGC). Two developments in 2016 influenced the detailed analysis as to which issues are material to the Volkswagen Group: the realignment of the Group via the future program TOGETHER – Strategy 2025, and dealing with the consequences of the diesel issue. Alternatively a summary PDF can be downloaded in the links below; View the 2018 Annual Report here View the 2017 Annual Report here. The Sustainability Council is vested with rights of information, consultation and initiative. 3 and 315b para. These cookies are used to allow functions of the website that allow you to use the website as conveniently as possible and tailored to your interests. This is made up of internationally renowned experts from … This free service can be set up with a few clicks only – keep current on the latest news and issues! The Code of Conduct introduced by the Volkswagen Group in 2010 also applies to the entire Group and helps managers and employees alike to deal with legal and ethical challenges in their day-to-day work. This goal is central to the partnership, in conjunction with strengthening the Red Cross’s rescue service. In production, the Volkswagen Group has set itself the goal of reducing the figures of the five main environmental performance indicators – energy and water consumption, waste for disposal, as well as CO2 and VOC emissions per vehicle produced – targeting a reduction of 25% from their 2010 level by 2018. As an enterprise with global operations, we will also take account of the options available to us for influencing and implementing the Sustainable Development Goals (SDGs) formulated by the United Nations. This is accomplished through a wide variety of projects, such as immediate aid in the initial accommodation facilities, local integration and education projects as well as providing vehicles and nonmonetary resources. The Volkswagen Group Sustainability Report 2016 has been audited by PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (PwC) against the relevant requirements and criteria laid down in the G4 Sustainability Reporting Guidelines of the Global Reporting Initiative, taking supplementary account of the International Standard on Assurance Engagements (ISAE) 3000 (Revised). Works staff weighed in on the strengths and weaknesses of the company’s communications. When you access this link, you leave the pages of Volkswagen AG. Sustainable Value Enhancement - Volkswagen Group Annual Report 2016 Our goal is to run our business responsibly along the entire value chain. Key developments in recent months arising from working through the diesel crisis are also summarised in a separate section of the Sustainability Report. You can find more detailed information on this in the data protection declaration of the provider of the external website. Every day, we are confronted by the multifarious demands, expectations and attitudes of our many different stakeholders. In 2013, this commitment was extended to include the CEO Water Mandate, the aim of which is to ensure the careful management of water resources. The complete 2016 Sustainability Report can be found at: http://sustainabilityreport2016.volkswagenag.com/home.html. Company topics, innovation and informations. Update: On Sept. 29, the publishers of the Dow Jones Sustainability Indices announced (PDF) that Volkswagen will be "removed" from the investor-focused corporate social responsibility rankings, effective Oct. 6.. 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