Volvo 2015 Annual Report Download - page 57

CONSOLIDATING OUR
SUSTAINABILITY AMBITIONS
Our customers’ closest business partner
• Long-term: Be the leader in brand image and customer satisfac-
tion within each product’s competitive set by delivering pioneer-
ing products and services for the transport and infrastructure
industries.
• Medium/short-term: Among the top in brand image and cus-
tomer satisfaction surveys for our main products within each
competitive set in relevant markets*.
• Results 2015: Brand image surveys show a good position for
our main products within their competitive set in our main mar-
kets. Market shares for our main products in our main segments
have been stable or had minor declines during 2015.
*Definition of main products and markets is based on sales volumes.
Proven innovators of energy-efficient transport
and infrastructure solutions
• Long-term: Number one in energy-efficiency transport and
infrastructure solutions.
• Medium/short-term: Reduce total lifetime CO2 emissions of the
Group’s products by a cumulative saving of 40 M tons by 2020
compared to base year 2013.
• Results 2015: 3 Mton reduced total lifetime CO2 emissions of
the Group’s products.
Leading supplier of vehicle safety solutions for our
customers and a safe workplace for our employees
• Long-term: Our ambition is zero accidents for our employees
and our customers with our products.
• Medium/short-term: Number one in safety image for our main
products in our main markets. Zero fatalities related to Volvo
Group operations.
• Results 2015: Volvo brand is number one in safety image in our
main markets. Zero fatalities related to Volvo Group operations.
Be the most admired employer in our industry
• Long-term: To be in line with high-performing companies for
employee engagement and performance excellence index**
asmeasured in the Volvo Group Attitude Survey (VGAS).
• Medium/short-term: Engaging people and driving business
performance by revitalizing the Volvo Group culture.
• Results 2015: VGAS results for employee engagement show a
slight decline from 72% 2014 to 71% 2015. The Volvo Group
isabove the global norm but not in line with high-performing
companies. The performance excellence index fell one percent-
age point to 73% compared to 2014.
** Performance excellence index indicates whether the Volvo Group has the
right structures and processes to support customers.
Reducing our industrial environmental footprint
• Long-term: All our production facilities to be carbon neutral
• Medium/short-term: 8% energy saving for production sites and
reducing CO2 emissions from Volvo Group freight transport by
20% 2020. 100% of all major production plants ISO 14001
certified.
• Results 2015: 5 production sites out of 66 are carbon neutral,
45 GWh/year in energy saving achieved and, approximately
10%*** reduction of emissions from freight transport. 98% of
our major production plants were ISO 14001 certified by end of
2015.
** * Data from 2014 compared to 2013 in relation to net sales, including
inbound and transport to customers. 2015 data available in May 2016.
Recognized for creating business value by using CSR as
a tool for innovative and sustainable solutions
• Long-term: Known for being a trustworthy company and for our
ability to integrate CSR and sustainability into our daily opera-
tions and create shared value for our business and society.
• Medium/short-term: All white-collar employees to participate in
Code of Conduct training, anti-corruption and competition law
e-learning. 100% of Automotive Supplier spend in high risk
markets CSR assessed. 80% of the Volvo Group’s societal
engagement initiatives linked to the MSF Program****. 20% of
initiatives designed for specific needs.
• Results 2015: 48% of white-collar employees participated in
Code of Conduct training, 76% in anti-corruption and 90% in
competition law training. 92% of automotive supplier spend in
high-risk markets were assessed. The number of activities
linked to the focus areas in the MSF program, was 45% out of
all CSR activities.
* *** MSF, Moving Society Forward program with areas; education and skills
development; traffic and work site safety; and environmental sustainability.
A GLOBAL GROUP BUSINESS MODEL
SUSTAINABILITY AMBITIONS
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