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Volkswagen issues new corporate environmental mission statement: “goTOzero”

The Volkswagen Group is bundling all its measures in environmental protection under its new “goTOzero” environmental mission statement.

With the new Group Environmental Policy, the Group is giving itself and its stakeholders a clear orientation. Our efforts to improve environmental protection cover the entire product cycle, from development, production and operation to the subsequent recycling of our vehicles and administration. We also involve our suppliers. Only together can we achieve our goals.

—Oliver Blume, Member of the Group Board of Management responsible for environmental protection

With “goTOzero”, Volkswagen is taking the next step in its Group strategy “TOGETHER - Strategy 2025+” towards becoming a comprehensively sustainability-oriented company. “goTOzero” programmatically stands for a way of doing business that is as environmentally friendly and balance sheet CO2-free as possible, and which Volkswagen has set itself the Group-wide goal of achieving by 2050.

For all our products and mobility solutions we aspire to minimize environmental impacts along the entire lifecycle.—from raw material extraction until end-of-life—in order to keep ecosystems intact and to create positive impacts on society. Compliance with environmental regulations, standards and voluntary commitments is a basic prerequisite of our actions.

—“Environmental Mission Statement”

In its “goTOzero” mission statement, the Volkswagen Group concentrates on four main fields of action:

  1. Climate change: Volkswagen is committed to complying with the United Nations’ Paris climate protection agreement. The goal is to become a balance-sheet CO2-neutral company by 2050. By 2025, the company plans to reduce its total life cycle Greenhouse Gas Emissions of passenger cars and light duty vehicles by 30% compared to 2015. The company actively contributes to the transition towards renewable energies along the entire life cycle.

  2. Resources: Volkswagen intends to maximize resource efficiency and promote circular economy approaches in the areas of materials, energy and water. By 2025, the company plans to have reduced the production-related environmental externalities (CO2, energy, water, waste, volatile organic compounds) by 45% per vehicle compared to 2010.

  3. Air quality: Volkswagen is driving e-mobility forward to improve the local air quality. By 2025, the share of battery electric vehicles in the Group’s model portfolio will be between 20 and 25%. The share of electric vehicles in the Group fleet is to rise to at least 40% by 2030.

  4. Environmental compliance: In terms of integrity, Volkswagen aims to set an example for a modern, transparent and successful company by installing and monitoring effective management systems that cover the environmental impact of its mobility solutions across all life cycle phases.

The company has also formulated an environmental policy for its environmental decision-making as well as for project management and environmental performance policies that defines principles for five key issues: leadership, compliance, environmental protection, stakeholder engagement and continuous improvement.

By 2023, the Group plans to invest around €30 billion in electromobility and launch more than 70 new electric models onto the market by 2028. In addition, the Group is involved in setting up the charging infrastructure and already today offers its customers Elli Volkswagen Naturstrom for customers and consumers through its company.

Comments

HarveyD

Good going VW. Others will have to follow to survive?

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