GÖTEBORG, Sweden--(BUSINESS WIRE)--The Volvo Group (STO:VOLVA) (STO:VOLVB) once again qualifies for the Dow Jones Sustainability World Index (DJSI). The Volvo Group receives a particularly good rating for its work with environmental issues.
In this ranking, the world’s 3,000 largest companies are assessed on the basis of their strategies, implementation and results in areas such as business ethics, environmental consideration and social criteria with the focus on their ability to generate long-term value. The Volvo Group is among the top 300 companies included on the list. There are companies across all industries with a common denominator; they outperform their peers in numerous sustainability metrics.
The Volvo Group has also been acknowledged for its climate strategy, an important part of the Group’s vision of becoming world leader of sustainable transport solutions. Other highlighted areas are the clear direction and focus for guiding its corporate citizenship programs and the Volvo Group’s dedication to innovation for both products and processes.
“I’m both happy and proud that the Volvo Group has qualified yet again for the DJSI. It is an index to us as it explains how we work with CSR and what we do to create value for all our stakeholders. Getting endorsement from such a credible organisation is valuable when liaising with our stakeholders and especially so for our relations with the capital markets,” says Malin Ripa, Senior Vice President, CSR at the Volvo Group.
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 which impact the companies’ long-term financial performance. The review has 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 RobecoSAM 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.
September 11, 2014
Volvo Group Sustainability Reports (http://www.volvogroup.com/group/global/en-gb/responsibility/sustainability_reports/Pages/sustainability_reports.aspx)
For more news from the Volvo Group, visit http://www.volvogroup.com/globalnews.
The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 110,000 people, has production facilities in 18 countries and sells its products in more than 190 markets. In 2013 the Volvo Group’s sales amounted to about SEK 270 billion. The Volvo Group is a publicly-held company headquartered in Göteborg, Sweden. Volvo shares are listed on NasdaqOMX Stockholm. For more information, please visit www.volvogroup.com or www.volvogroup.mobi if you are using your mobile phone.
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