AB Volvo 2017 IR
The report highlights the Volvo Group's record year in 2017, achieving its highest sales and operating income in history, with net sales increasing by 11% to SEK 335 billion. The company introduced new financial targets, including an operating margin exceeding 10% over a business cycle. Key product milestones included the biggest truck renewal in North America in 20 years, featuring the launch of the Mack Anthem and Volvo VNR, alongside the introduction of the fully electric compact excavator prototype EX2. Additionally, the company reduced its absolute energy use in production and achieved a 17 million ton CO2 reduction in product lifetime emissions between 2015 and 2017 under its WWF Climate Savers commitment.
Company: AB Volvo
Sector: Industrials
Country: Sweden
Year: 2017
Type: IR
Pages: 228
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AB Volvo
Annual And Sustainability Report
The report highlights the Volvo Group's record year in 2017, achieving its highest sales and operating income in history, with net sales increasing by 11% to SEK 335 billion. The company introduced new financial targets, including an operating margin exceeding 10% over a business cycle. Key product milestones included the biggest truck renewal in North America in 20 years, featuring the launch of the Mack Anthem and Volvo VNR, alongside the introduction of the fully electric compact excavator prototype EX2. Additionally, the company reduced its absolute energy use in production and achieved a 17 million ton CO2 reduction in product lifetime emissions between 2015 and 2017 under its WWF Climate Savers commitment.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Women in Management
Workplace Fatalities
Employees