Management by Key Indicators
In order to manage its sustainability performance, the Volkswagen Group collects central performance indicators in line with the requirements of the Global Reporting Initiative (GRI) and the ESG (Environment, Social, Governance) indicator framework of the European Federation of Financial Analysts Societies (EFFAS). Increasingly, shareholders and investors demand transparency, and this makes them an important target group for our sustainability reporting.
Auditing and Standards
The Volkswagen Group Sustainability Report 2015 has been audited by PricewaterhouseCoopers AG Wirtschaftsprüfungsgesellschaft (PwC) against the relevant requirements and criteria laid down in the G4 Sustainability Reporting Guidelines of the Global Reporting Initiative, taking supplementary account of the International Standard on Assurance Engagements (ISAE) 3000. The audit activities carried out by PwC include: management surveys, surveys of employees responsible for reporting sustainability information, and recording of the processes used to collect, calculate and report sustainability information.
Additional Reporting within the Group
More detailed insights into our environmental management approach are provided by the Environmental Statements which numerous locations compile as part of their voluntary participation in the European EMAS (Eco-Management and Audit Scheme) system. The sustainability reports of the Audi, MAN, Porsche, Scania and ŠKODA brands are also indicative of the Group’s commitment to sustainability.