Volkswagen AG 2020 Annual Report with Sustainability Disclosures
Company: Volkswagen AG
Sector: Manufacturing
Country: Germany
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 371
The report describes Volkswagen Group's response to the Covid-19 pandemic while continuing its transformation toward electric mobility and digitalization. It reports 231,624 fully electric vehicles delivered globally in 2020, more than three times the prior-year level, and a year-end workforce of 662,575 employees. The company also states a commitment to achieve net carbon neutrality worldwide by 2050 and reports a 30% life-cycle greenhouse-gas reduction target for passenger cars and light commercial vehicles by 2025 against 2015.
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