AB Volvo 2018 Annual Report with Sustainability Disclosures
Company: AB Volvo
Sector: Manufacturing
Country: Sweden
Year: 2018
Type: Annual Report with Sustainability Disclosures
Pages: 232
The report describes a strong 2018 for the company, with net sales increasing by 17% to SEK 391 billion and adjusted operating income improving to SEK 40.7 billion. It highlights continued progress in electrified vehicles, automated solutions and connected services. Operationally, total energy use was 2,196 GWh, with 43% from renewable sources, while the workforce totaled 105,175 employees at year-end. The report also details its integrated sustainability approach, including UN Global Compact participation, GRI Standards Core reporting and materiality-based prioritization of sustainability topics.
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