AB Volvo 2021 IR
The report highlights Volvo Group's strong financial performance in 2021, with net sales increasing to SEK 372 billion and adjusted operating income improving to SEK 41 billion despite global supply chain challenges. The company accelerated its transition to sustainable transport by expanding its electric vehicle offering and having its climate targets validated by the Science Based Targets initiative. Key milestones included the launch of cellcentric, a fuel cell joint venture with Daimler Truck, and an agreement to establish a European high-performance charging network. Additionally, Volvo Group revealed the world's first vehicle made using fossil-free steel.
Company: AB Volvo
Sector: Industrials
Country: Sweden
Year: 2021
Type: IR
Pages: 218
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AB Volvo
Annual And Sustainability Report
The report highlights Volvo Group's strong financial performance in 2021, with net sales increasing to SEK 372 billion and adjusted operating income improving to SEK 41 billion despite global supply chain challenges. The company accelerated its transition to sustainable transport by expanding its electric vehicle offering and having its climate targets validated by the Science Based Targets initiative. Key milestones included the launch of cellcentric, a fuel cell joint venture with Daimler Truck, and an agreement to establish a European high-performance charging network. Additionally, Volvo Group revealed the world's first vehicle made using fossil-free steel.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees