CSR & Sustainability

CSR & Sustainability

The Volvo Group Corporate Social Responsibility (CSR) is a commitment to conduct business in a responsible manner, to take stakeholders perspectives into account and to create value for our business and society.

The approach is visualized as a pyramid, symbolizing the need to build upon a broad yet solid foundation of responsible and sustainable behavior in order to create and share value and reach our ultimate goal of becoming the world leader in sustainable transport solutions.  Sustainability has three dimensions – economic, environmental and social.  By taking all three into account, the Volvo Group will create sustainable transport solutions and achieve our vision. Sustainable transport solutions come at the intersection of these three elements.

Sustainable transport

Sustainable transport

The complexity, size and scale of global challenges mean that the Volvo Group cannot meet all needs by acting alone. We invest significant resources in leading-edge research and innovation –both in-house and in partnership with stakeholders. We partner with leading public and private sector stakeholders and collaborate with globally respected organizations to push ourselves, our sector, and society in a more sustainable direction.

We co-chair the United Nations High Level Advisory Group on sustainable transport. We also play an active role in numerous local, regional and cross-border governmental initiatives to assess the viability of sustainable transport systems. And we work closely with policy makers to ensure infrastructure supports our innovative solutions. 

Shared value

Shared value

Transports drive growth, growth drives our customers’ business and our customers’ business drives our business. For the Volvo Group it is important to influence growth towards a sustainable society.  We create economic value for our company and shareholders by delivering efficient and world-class transport and infrastructure solutions that meet the needs of our customers. We remain competitive, sustainable and profitable by investing in the Group’s employees. We create societal value by actively engaging in the communities where we live and operate.

The Volvo Group has a societal engagement program called Moving Business and Society Forward, based on the creating shared value principle. The program drives strategic and smart initiatives, where societal and business needs meet our unique assets and expertise, in order to maximize the value created for all our stakeholders. We also have a disaster relief fund, to provide immediate support to catastrophes where our help is needed.

Responsible behavior

Responsible behavior

Ethical and responsible behavior creates trust. Trust encourages more people to do business with us.
We aim to increase trust and gain long-term corporate strength by conducting business in compliance with laws and regulations, managing risks, demonstrating business ethics and integrity throughout the value chain. What we produce and how we produce it are at the core of our sustainability commitment.
Actively integrating CSR and sustainability into our policies and guidelines helps us minimize risk, protect our reputation, and attract high-performing talent.
Every employee in the Volvo Group is responsible to follow the principles in our Code of Conduct, which details the Group’s minimum requirements on business ethics, human rights and social justice, and environmental responsibility.

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Volvo Group CSR & Sustainability news

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