Volvo Group Ranked as One of the World's Most Sustainable Companies
In this ranking, the world’s 2500 largest companies are assessed on the basis of their strategies and results in spheres such as business ethics, environmental consideration and social criteria, with the focus on their ability to generate long-term value. The top 300 or so companies, a category that encompasses the Volvo Group, are included in the DJSI World.
The Volvo Group is acknowledged for the way in which it addresses the climate issue, for its work with environmental concerns at the Group’s various production plants, and for integrating environmental issues into product development. Other highlighted areas are the Volvo Group’s dedication to a healthy work environment, its corporate governance and the way it meets its commitments as per its code of ethics and anti-corruption policy.
“We see this as recognition of our long-term work to integrate CSR and sustainability issues into our strategy and our day-to-day operations. More and more companies realise there is no incompatibility between being financially successful while at the same time contributing to healthy social development,” says Malin Ripa, Director CSR.
The Dow Jones Sustainability Index ranks the world’s foremost companies in terms of their sustainability efforts. The annual review is based on analysis of the various companies’ business ethics, environmental achievements and social performance with special focus on areas such as corporate governance, risk management, brand management, climate issues, supplier and customer relations and the work environment. The review of input data is conducted by SAM in Switzerland, and generally has considerable influence on which investments are made by funds and individuals who formulate their investment decisions based on criteria such as ethics and sustainability.