Volvo 2015 Annual Report Download - page 56

A GLOBAL GROUP BUSINESS MODEL
SUSTAINABILITY DRIVERS
The Volvo Group is committed to contributing to
sustainable development. Our main contribution
comes from delivering safe and environmentally
enhanced products and services that support
economic growth, increase access and thereby
greater prosperity. We also take the way we develop,
source, produce, distribute and recycle our goods into account.
We see our global strength and local presence as unique oppor-
tunities to deliver transport and infrastructure solutions that meet
the needs of our customers while simultaneously addressing
global sustainability challenges.
The Volvo Group’s approach
We continually analyze megatrends and regional variations to
assess their impact on our Group and seek new business oppor-
tunities, see page 18. During 2015, we reviewed and updated the
AMBITIONS FOR
SUSTAINABILITY
By making the connection between global trends, the challenges that
affect our industry and the United Nations Sustainable Development
Goals, the impact of our activities will bring far-reaching benefits.
five trends influencing our business. As part of our CSR and
sustainability approach, we have also taken the United Nations
Sustainable Development Goals into account.
Updating our sustainability ambitions
In 2015, our sustainability ambitions were reviewed and updated.
Based on internal and external stakeholder dialogue, six focus
areas have been identified and targeted. These ambitions cover
the whole sustainability area from a social, economic and environ-
mental perspective with the aim to drive prosperity through trans-
port solutions. The ambitions also have different time frames. The
short-term target is for the coming three to five years, the long-
term refers to five to 10 years. Outcomes are measured yearly.
Going forward we will continue our work on relevant measure-
ments for each ambition to facilitate follow-up and continued
development.
TRENDS
1
Climate change
and resource
scarcity
Greenhouse gas
emissions, fossil fuel
dependency and the
earth’s finite natural
capital
(13) Take urgent action to combat climate change
and itsimpact.
 Energy-efficient vehicles and drivelines
 D r i ve l i ne s ru n o n a l te r n at i ve an d r e ne wa b l e f u el s
 Electric vehicles
 Carbon neutral productions
 Life Cycle Analysis
 Remanufacturing
2
Urbanization Transport and
infrastructure need for
9billion people by 2050
(11) Sustainable cities and communities (9) Build
resilient infrastructure, promote inclusive and
sustainable industrialization and foster
innovation.
 ElectriCity
 Bus Rapid Transit
 City Mobility
3
Connectivity and
digitalization
80–100 billion
connected devices by
2020
(9.1) Develop quality, reliable, sustainable and resil-
ient infrastructure, including regional and transbor-
der infrastructure, to support economic develop-
ment and human well-being, with a focus on
affordable and equitable access for all.
 All Group brands offer integrated transport
information systems based on wireless
communication technologies
 470,000 Volvo Group connected vehicles
4
Autonomous
vehicles and
safety develop-
ments
1.2 M traffic fatalities and
50 M injuries each year
(3.6) By 2020, halve the number of global deaths
and injuries from road traffic accidents.
 Platooning
 Passive and active safety features on our vehicles
 Campaigns and education to increase traffic
safety awareness
 Driver training programs
5
Evolving trade
and regulatory
environment
Public confidence and
corporate reputation in
the automotive industry
(11.6) By 2030, reduce the adverse per capita
environmental impact of cities, including by paying
special attention to air quality and municipal and
other waste management.
 Legal compliance
 Clear governance to secure adherence to country
specific regulations
 Laboratory and on-the-road testing to ensure
compliance with emissions legislation
CHALLENGES AND
OPPORTUNITIES
UN SUSTAINABLE
DEVELOPMENT GOALS
EXAMPLES OF VOLVO GROUP
SOLUTIONS
SUSTAIN-
ABILITY
AMBI-
TIONS
54