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Volkswagen AG Ca De Uk Us

Headquarters Wolfsburg, Germany
CEO
Total Revenue 53,036 million (euros)
Net Income 945 million (euros)
Reporting Cycle annual
Report Quality GRI
Assurance
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Summary [login to edit summary]

The Volkswagen Group with its headquarter in Wolfsburg is one of the world’s leading automobile manufacturers and the largest car producer in Europe. In 2006, the Group increased the number of vehicles delivered to customers to 5.734 million (2005: 5.243 million), corresponding to a 9.7 percent share of the world passenger car market.

Sector: Automobiles

Reducing Product/Service Impacts Greenhouse Gases Air Pollution (other than GHG) Energy Use Biodiversity Material Use Waste Water Use Hazardous Spills Environmental Compliance Environmental Expenditures Community Impact Local Procurement Capacity Building Child Labour Indigenous Rights Cancer Research HIV/AIDS Research Human Rights Employee Wages Training and Benefits Employment Equity Collective Bargaining Occupational Health and Safety Military Involvement Customer Health and Safety Accessibility to Product Information Customer Satisfaction Marketing Ethics Customer Privacy Organics Fair Trade Animal Testing Government Assistance Direct Economic Impact Political Contributions Anti-Corruption Anti-Competitive Behaviour CEO Compensation Category Breakdown
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2.56/9 0.6%
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Environment [login to edit summary]

Indicators
  1. Reducing Product/Service Impacts (1)
  2. Greenhouse Gases (4)
  3. Air Pollution (other than GHG) (3)
  4. Energy Use
  5. Biodiversity
  6. Material Use
  7. Waste
  8. Water Use
  9. Hazardous Spills
  10. Environmental Compliance
  11. Environmental Expenditures

Volkswagen (VW) is very conscious of the environment. They are improving their cars by using increasingly more electric engine technology and improving catalytic converters in an effort to reduce harmful emissions. VW believes that a further reduction of emissions and fuel consumption in the future will require both innovative engine technology and advanced fuels. VW and Shell are working closely together on such innovative fuels as second-generation bio-fuels and synthetic fuels.

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Society [login to edit summary]

Indicators
  1. Community Impact (5)
  2. Local Procurement
  3. Capacity Building
  4. Child Labour
  5. Indigenous Rights
  6. Cancer Research
  7. HIV/AIDS Research
  8. Human Rights
  9. Employee Wages Training and Benefits
  10. Employment Equity
  11. Collective Bargaining
  12. Occupational Health and Safety (7)
  13. Military Involvement

Volkswagen (VW) aims to positively impact the communities that it operates within. They spend approximately $16 million annually on Corporate Social Investment initiatives. An example of one of their initiatives is the donation of approximately 13,000 meals to New York City’s less fortunate.

VW’s also aims to increase occupational safety. They have invested in programs to increase awareness in the workplace as well as improving safety equipment and apparel for employees. VW also has campaigns to try and reduce accidents occurring to and from work.

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Product Responsibility [login to edit summary]

Indicators
  1. Customer Health and Safety (4)
  2. Accessibility to Product Information
  3. Customer Satisfaction
  4. Marketing Ethics
  5. Customer Privacy
  6. Organics
  7. Fair Trade
  8. Animal Testing

Volkswagen (VW) is committed to helping people avoid accidents as well as protecting them if an accident occurs. VW cars have features such as anti-intrusion side door beams, which help absorb and redirect any side impact; and exterior signal mirrors, which have blinkers built right into the side view mirrors.

VW believes that the government and legislative bodies, as well as car manufacturers must work together to create a system to help drivers travel safely anywhere in the world.

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Corporate Citizen [login to edit summary]

Indicators
  1. Government Assistance
  2. Direct Economic Impact
  3. Political Contributions
  4. Anti-Corruption (4)
  5. Anti-Competitive Behaviour
  6. CEO Compensation

Due to the misconduct of individual employees in the summer of 2005, Volkswagen (VW) introduced the, internationally structured, Ombudsman System. The Ombudsman System is designed to strengthen the VW’s anti-corruption program. In 2006 the Volkswagen Ombudsmen System received some 60 items of information. Around one third of the information related to serious incidents, which were followed up rigorously.