Porsche 2011 Annual Report Download - page 89

The Volkswagen group's corporate policy is
designed so that core economic processes are stra-
tegically tied to environmental and social concerns.
CSR involves voluntarily taking social responsibility at
a level beyond mere compliance with legal require-
ments. The Volkswagen group’s integrated CSR con-
cept is aimed at avoiding risks, identifying opportuni-
ties for development early on and improving the
group’s reputation. CSR therefore makes an important
contribution to increasing the value of the company
and safeguarding it in the long term. As a good cor-
porate citizen, Volkswagen takes its social involve-
ment seriously; it is part of its corporate culture of
sustainability. At its locations worldwide, the Volks-
wagen group supports social development, culture
and education. Volkswagen also initiates projects for
the development of regional infrastructure, health
promotion, sport and nature conservation.
Global Compact at Volkswagen
Since 2002, Volkswagen has been committed
to the largest and most important CSR initiative in the
world, the Global Compact. The 7,000 participating
companies from over 135 countries work together to
shape a more sustainable and equitable world econ-
omy. Volkswagen makes a significant contribution to
this initiative. It reports on its diverse international
CSR projects in this regard in an annual progress
report. In 2011, Volkswagen achieved the “Global
Compact Advanced Level”.
Ten principles governing human rights, labor
standards, environmental protection and the fight
against corruption describe the values of the Global
Compact. At all locations of our company, Volks-
wagen again guided its business activities by these
principles in 2011. With its expertise, the Volkswagen
group also helps other companies in the Global Com-
pact to embrace their global responsibility. An exam-
ple of this is the active participation on the advisory
board for the “Sustainable Supplier Chain” project.
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