Our sustainability programmeAs a human-centric car company, we are a brand for people who care about other people and the world in which we live. This is at the core of our business and of our approach to sustainability. Our commitment is about re-thinking sustainability, and goes beyond our operations and our cars, and into society. It makes us think again every time we take decisions that affect the world and the lives of people.
There is a Swedish word that means “caring” and “consideration”, but also importantly “to think again“. This word is “omtanke” and summarises our way of protecting what’s important to you. Omtanke is the name of our new programme of sustainability commitments.
Our company impacts
Our role in society
Volvo Cars and the changing role of business
Supporting the UN Global Compact
As a founding member of the UN Global Compact, Volvo Cars is delighted to have hosted the Nordic Network of the world’s largest corporate sustainability initiative on 8-9 May 2017. The Compact is the world’s largest and most influential corporate sustainability initiative with over 9,000 companies in 170 countries.
Our Code of Conduct
The Volvo Cars Code of Conduct is our way of ensuring that we conduct business in an ethical and compliant way. The Code applies to all employees, as well as consultants and agency personnel working under the direction of Volvo Cars. We expect all of our business contacts and partners to be governed by the same principles.Our code of conduct for business partners, November 2016
Our code of conduct, April 2015
Slavery and human trafficking statement
As a part in our long-standing commitment to internationally proclaimed human rights principles, the Volvo Car Group Slavery and Human Trafficking Statement explains how we are working to make sure that slavery and human trafficking does not occur within our supply chains or in any other part of our business.Read more
Everything we do starts with people. We understand people. We protect what’s important to you. We take pride in our role within society and recognise our commitment towards the environment. We innovate to make people’s lives better and less complicated. Our human-centric focus is what makes us different from all other car companies. It is at the heart of everything we create. Today, we’re still as focused as ever on our three core values: safety, quality and care for the environment.Find out more
Our approach to tax
Volvo Cars acts as a responsible global tax citizen. We encourage ethical and transparent business practices and comply with the OECD Transfer Pricing guidelines. We do not employ legal entities solely for purposes of tax planning and we report and disclose our tax positions in accordance with applicable regulations and requirements. Volvo Cars’ Tax Policy is approved by the Volvo Cars Board of Directors.
Everyone working at, or with, Volvo Cars should be comfortable raising
questions or concerns about ethical issues or cases of non-compliance. We
support a culture of openness, integrity and accountability. If you want to
report a violation of our Code of Conduct, you can submit a report.
Volvo Cars is proud to have been recognised as a 2017 World’s Most Ethical Company® by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. This is a welcome acknowledgement of our comprehensive Compliance and Ethics Programme which aims to ensure that our employees and our business partners act responsibly and ethically. Volvo Cars is committed to fostering a culture of Ethical Leadership.
If you have any questions at all about Sustainability or the latest Report, please do contact us with the following details:
Volvo Car Group
50232, PVH 50
SE – 405 31