The following press release was sent out from Volkswagen Group on 9/13/2013
VOLKSWAGEN BECOMES WORLD’S MOST SUSTAINABLE AUTOMOTIVE GROUP
– New Industry Group Leader in Dow Jones Sustainability Index
– Winterkorn and Osterloh: Endorsement and motivation
– Carbon Disclosure Project commends transparent climate protection measures
For financial investors, the Dow Jones Sustainability Index is the most significant benchmark for measuring the corporate performance of the world’s most sustainable companies. Thanks to improvements in all areas, Volkswagen moved into first place, and has been included in the prestigious DJSI World and DJSI Europe along with BMW and Fiat.
The experts from RobecoSAM substantiated their decision to award 89 out of a possible 100 points to the top-ranked company by highlighting achievements such as “the great efforts to improve fleet fuel consumption” in the context of the ambitious goals to lower CO2 emissions, and the binding commitment to sustainability targets in Strategy 2018. Full marks were awarded to the Volkswagen Group in many areas such as the company’s environmental management system, risk management and positive community engagement.
Coinciding with the new ranking in the Dow Jones Sustainability Index, the Volkswagen Group has also achieved a significant improvement in the view of the Carbon Disclosure Project (CDP). According to the CDP Global 500 Climate Change Report 2013 which has just been published, the company is now listed in both the CDP Global 500 Climate Performance Leadership Index and the CDP Global 500 Climate Disclosure Leadership Index for the first time. The report analyzes the initiatives of the world’s largest listed companies in addressing countermeasures against climate change.
The classification in Performance Band A with a disclosure score of 99 out of a possible 100 points confirms that the quality of the environmental data published by the Volkswagen Group is recognized as being exemplary. At the same time, the performance data themselves rank among the best. This year, the Volkswagen Group was one of the signatories to a climate change program which according to the CDP report was initiated by 722 investors with assets of US$87 billion, bringing transparency to a very large volume of information on climate protection measures and thus enabling verification. The Carbon Disclosure Project describes itself as an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information.