AB Volvo 2015 IR
The report highlights the Volvo Group's improved profitability and strong operating cash flow in 2015, despite flat volumes, with net sales increasing by 10% to SEK 312.5 billion. Key achievements include the launch of Gothenburg's first electric bus route under the ElectriCity partnership and the completion of the acquisition of 45% of Dongfeng Commercial Vehicles. The company also renewed its partnership with the WWF Climate Savers program, committing to a cumulative reduction of 40 million tons of CO2 emissions by 2020. Additionally, the Group successfully completed its major industrial restructuring program, resulting in significant structural cost savings.
Company: AB Volvo
Sector: Industrials
Country: Sweden
Year: 2015
Type: IR
Pages: 204
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AB Volvo
Annual And Sustainability Report
The report highlights the Volvo Group's improved profitability and strong operating cash flow in 2015, despite flat volumes, with net sales increasing by 10% to SEK 312.5 billion. Key achievements include the launch of Gothenburg's first electric bus route under the ElectriCity partnership and the completion of the acquisition of 45% of Dongfeng Commercial Vehicles. The company also renewed its partnership with the WWF Climate Savers program, committing to a cumulative reduction of 40 million tons of CO2 emissions by 2020. Additionally, the Group successfully completed its major industrial restructuring program, resulting in significant structural cost savings.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees