Volkswagen AG 2021 AR2
The report highlights the Volkswagen Group's performance in fiscal year 2021, during which it navigated challenges from the Covid-19 pandemic and semiconductor shortages. Despite producing two million fewer cars than planned, the company doubled its operating profit before special items to 20 billion euros. Volkswagen advanced its electrification strategy, delivering over 452,000 all-electric vehicles globally and launching its new 'NEW AUTO' strategy to transition into a software-centric mobility group. Additionally, the company officially rejoined the UN Global Compact and successfully met the EU's CO2 fleet emissions targets for passenger cars.
Company: Volkswagen AG
Sector: Manufacturing
Country: Germany
Year: 2021
Type: AR2
Pages: 398
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Volkswagen AG
Annual Report
The report highlights the Volkswagen Group's performance in fiscal year 2021, during which it navigated challenges from the Covid-19 pandemic and semiconductor shortages. Despite producing two million fewer cars than planned, the company doubled its operating profit before special items to 20 billion euros. Volkswagen advanced its electrification strategy, delivering over 452,000 all-electric vehicles globally and launching its new 'NEW AUTO' strategy to transition into a software-centric mobility group. Additionally, the company officially rejoined the UN Global Compact and successfully met the EU's CO2 fleet emissions targets for passenger cars.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Mar 15, 2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Net Zero Target
Employees