Volkswagen Ag · XETR:VOW
Volkswagen — ESG Presentation (April 2024)
26 slides from Volkswagen's sustainability presentation, Apr 9, 2024
Slide 1: Wolfsburg, April 9th 2024
Wolfsburg, April 9th 2024 Volkswagen Group | K-GSS | CSD-class: 12.2 – 20 years 04/09/2024 1
Slide 2: Becoming a nature and society positive mobility provider
Becoming a nature and society positive mobility provider Our sustainability vision Volkswagen Group | K-GSS | CSD-class: 12.2 – 20 years 04/09/2024 2
Slide 3: Impact-driven ambition towards sustainable mobility
Impact-driven ambition towards sustainable mobility ENTWURF NICHT ZUR VERTEILUNG GEEIGNET UND NUR ILLUSTRATIV! NATURE OUR PEOPLE SOCIETY BUSINESS Clear Group framework TOP KPI set to enhance Position brands in their with four dimensions sustainability profile specific environment Volkswagen Group |
Slide 4: Group wide implementation
Group wide implementation Sustainability Targets and TOP KPIs Value Creation Transform sustainability from cost to value driver and benefit from increased focus ESG Sustainability performance positively impacts ESG Ratings – ESG perspectives complement strategic decisions Impact Assessing the impact
Slide 5: TOP KPIs for focused business steering
TOP KPIs for focused business steering Dimensions TOP KPIs Sustainability Business Driver Sustainable Development Goals 1 Reduction of CO2eq Inventory (e.g., DKI) Buying Behavior 2 Share of Circular Materials 3 Biodiversity-Index 4 Proportion of diversity in management Employer 5 Ø qualification hou
Slide 6: Aspiring towards nature positive
Aspiring towards nature positive ENTWURF NICHT ZUR VERTEILUNG GEEIGNET UND NUR ILLUSTRATIV! NATURE Our Targets: The Volkswagen Group wants to become a net- carbon-neutral company. The Volkswagen Group is working to continuously reduce our demand of primary resources. The Volkswagen Group supports bi
Slide 7: NATURE: Our path to sustainable mobility
NATURE: Our path to sustainable mobility Underpinned by decarbonization, circular economy, and biodiversity protection Key strategic levers to decarbonize(1) 2050 ambition Circularity Net Carbon principles Neutral(1) + Biodiversity protection Decarbonization Portfolio Production Supply chain Use-pha
Slide 8: NATURE: Aspiring towards nature positive operations
NATURE: Aspiring towards nature positive operations Transforming own manufacturing sites towards zero impact factories1 Production Supply chain Use-phase Beyond end-of-life Reduction of absolute CO2 emissions by 33.7% since 2018 All factories to operate net carbon neutral by 20403 56.3% of the total
Slide 9: NATURE: Towards a circular & decarbonized supply chain
NATURE: Towards a circular & decarbonized supply chain Aspiring towards nature positivity Production Supply chain Use-phase Beyond end-of-life ID family: headliners, fabrics, Ambition 2040: 40%1 carpets, seats, door panels and of circular materials decorative surfaces made from recycled materials Ta
Slide 10: NATURE: Green charging in use-phase
NATURE: Green charging in use-phase Drive BEV adoption and reduce use-phase emissions Production Supply chain Use-phase Beyond end-of-life Elli & partners Target Electrifiy America Target 2025: >40k 2025: +~7TWh HPC(1) points IONITY green globally CAMS electricity(3) Global HPC (1) network Green cha
Slide 11: NATURE: Starting renaturation at our sites
NATURE: Starting renaturation at our sites We increase biodiversity in relevant ecosystems Production Supply chain Use-phase Beyond end-of-life Land-Use-Criticality Biodiversity-Fund implemented as steering with up to €25mn./a indicator to be set-up in 2025 Circular Economy ZERO IMPACT FACTORY Natur
Slide 12: Workforce transformation
Workforce transformation ENTWURF NICHT ZUR VERTEILUNG GEEIGNET UND NUR ILLUSTRATIV! OUR PEOPLE Our Targets: The Volkswagen Group fosters a diverse, inclusive, and holistic non-discriminatory culture. The Volkswagen Group wants to be a unique employer leading teams to success. The Volkswagen Group st
Slide 13: OUR PEOPLE: workforce transformation
OUR PEOPLE: workforce transformation Excited and ready for a digital and electric future 18 sites have been retrained Transformation-oriented to produce BEV education and training as central field of action 2023: Target 2030: 14,3 Mio hours of training +35% in trainings Electrification Digitalizatio
Slide 14: OUR PEOPLE: diversity and best-performing teams
OUR PEOPLE: diversity and best-performing teams Empower our people and deliver the best for our customers 2023: 19.2% proportion Target 2025: 20.2% of women in proportion of women in management management Diversity Entrepreneurial spirit Culture of integrity Volkswagen Group | K-GSS | CSD-class: 12.
Slide 15: OUR PEOPLE: generate excellent work conditions
OUR PEOPLE: generate excellent work conditions Empower and inspire our people 2023: 0 deaths due to Target 2040: 0 deaths due to work-related injuries and work-related injuries and 3,6 accident frequency < 1 accident frequency Health prevention and promotion Healthy and balanced lives Sustain succes
Slide 16: Aspiring towards society positive
Aspiring towards society positive ENTWURF NICHT ZUR VERTEILUNG GEEIGNET UND NUR ILLUSTRATIV! SOCIETY Our Targets: The Volkswagen Group shapes responsible and sustainable supply chains. The Volkswagen Group is a reliable partner. The Volkswagen Group increases the positive social impact of its action
Slide 17: SOCIETY: aspiring a responsible supply chain
SOCIETY: aspiring a responsible supply chain Traceability, transparency and reliability 2023: 79% positive Target 2040: >95% performance of positive performance of suppliers in S-Rating suppliers in S-Rating Supplier Risk IRMA comprehensive On-the-ground Categorization mining standard projects Volks
Slide 18: SOCIETY: sustainable partner of Choice
SOCIETY: sustainable partner of Choice Traceability, transparency and reliability 2023: 83% of fundamental revision stakeholders in and global realignment Germany stated that of the study is planned they trust the for 2024 Volkswagen Group Changing economic, social and regulatory conditions Sustaina
Slide 19: SOCIETY: impact beyond the value chain
SOCIETY: impact beyond the value chain To be a valued corporate citizen Donations of Target: 27,69 Mio. € Worldwide donations of in 20231 > 80 Mio. € + employee‘s donations in 2040 + employee‘s donations Sustainability Impact Fund with up to €20mn./a to be set-up in 2025 Employee volunteer program L
Slide 20: Incremental business generated with sustainability
Incremental business generated with sustainability ENTWURF NICHT ZUR VERTEILUNG GEEIGNET UND NUR ILLUSTRATIV! BUSINESS Our Targets: The Volkswagen Group identifies and promotes sustainability-related business areas. The Volkswagen Group strengthens and intensifies sustainable financing. Revenues fro
Slide 21: BUSINESS: sustainable revenues & financing
BUSINESS: sustainable revenues & financing Identifying and capturing value in sustainability-related business areas Providing cross-industry at least 30% of our decarbonization outstanding bond volume technologies by MAN ES through green bonds Circular Business Models BEV Transformation Venture Capi
Slide 22: BUSINESS: driving electrification
BUSINESS: driving electrification Volkswagen has set ambitious goals to reach net carbon neutrality BEV Share Net carbon Segment Group Brands Mid-term3 Strategic5 neutral6 Core1 35% 50% 2050 Progressive2 40% 75% 2030-507 Sports Luxury 50%4 80%4 2030 1 Excluding at equity accounted companies China no
Slide 23: BUSINESS: building a circular model
BUSINESS: building a circular model Establish circular revenue streams while protecting resources Create & capture Close the loop Refurbishment Mobility solutions circular revenues Battery-Take-Back Recycling New business models 04/09/2024 Volkswagen Group | K-GSS | CSD-class: 12.2 – 20 years 04/19/
Slide 24: Key take aways
Key take aways Holistic strategy implemented Systematic steering with clear measures Broken down to brands Regular report of progress Volkswagen Group | K-GSS | CSD-class: 12.2 – 20 years 04/09/2024 24
Slide 25: Overview about targets, TOP KPIs and indicators
Overview about targets, TOP KPIs and indicators Disclosed Quanti. E = Explicit No. Dimension Target TOP KPI Year Quanti. Performance Reference Further Info I = Implicit (FY2023) N = No Reduction Scope 1+2 2030 -50% -33.7%2 Carbon Neutrality in 2040 (-90%) The Volkswagen Group wants to become a net-c
Slide 26: Moving what Matters
Moving what Matters Volkswagen Group | K-GSS | CSD-class: 12.2 – 20 years 04/09/2024 26