Volkswagen AG 2020 SR
The report highlights Volkswagen Group's 2020 sustainability performance, emphasizing its strategic shift toward decarbonization and digitalization despite the COVID-19 pandemic. Key achievements include tripling electric vehicle sales and reducing the EU CO2 fleet average by approximately 20%. The company committed to achieving a net carbon-neutral footprint by 2050 and successfully completed its US monitorship. Notably, Volkswagen issued its first green bonds totaling 2 billion Euros to refinance electric mobility projects. The report also details the launch of the "goTOzero" mission statement and the integration of human rights due diligence into its compliance management system.
Company: Volkswagen AG
Sector: Consumer Discretionary
Country: Germany
Year: 2020
Type: SR
Pages: 97
Volkswagen AG
Sustainability Report
The report highlights Volkswagen Group's 2020 sustainability performance, emphasizing its strategic shift toward decarbonization and digitalization despite the COVID-19 pandemic. Key achievements include tripling electric vehicle sales and reducing the EU CO2 fleet average by approximately 20%. The company committed to achieving a net carbon-neutral footprint by 2050 and successfully completed its US monitorship. Notably, Volkswagen issued its first green bonds totaling 2 billion Euros to refinance electric mobility projects. The report also details the launch of the "goTOzero" mission statement and the integration of human rights due diligence into its compliance management system.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Mar 1, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Women in Management
Workplace Fatalities
Net Zero Target
Employees