Sustainability Facts 2011

Sustainability Scorecard

The scorecard provides a quick overview of trends in areas that are relevant to our contribution to sustainable development. We consider each plus a step in the right direction. Click on an indicator for information regarding its definition, the reasons for choosing it and other details.

 

2011

2010

2009

2008

2007

Trend 1

Comment

GRI Indicator

Creating Value

Employee Engagement Index (%) 2

76

-

-

-

-

n/a

A

 

Total Sales (retail deliveries)

449,255

373,525

334,808

374,297

458,323

B

 

Assuming Social Responsibility

Product Responsibility

C

Safety Test Results

Share of independent tests where Volvo Cars received the highest rank (%)

89

88

80

70

69

PR1

Occupational Health and Safety

D

Health

Sick leave per available hours (%)

4.4

4.5

4.7

5.0

5.5

LA7

Occupational injuries

Number of injuries resulting in at least one day of sick leave per 200 000 worked hours

0.7

0.6

0.5

0.9

1.5

LA8

Diversity and Equal opportunity

E

Gender balance

Share of women in leading positions (%) 3

21.0

19.6

18.7

18.5

18.0

LA13, LA14

Gender balance

LA13, LA14

Ratio of basic salary of women to men
(blue collar) 4

0.970

0.790

0.994

0.974

n/a

Ratio of basic salary of women to men
(white collar) 4

0.990

1.010

1.034

1.027

n/a

Employment

Total workforce

21,512

19,494

19,650

22,732

24,384

LA1

Rate of employee turnover 5

2.3

3.3

12.8

9.2

9.1

LA2

Promoting Ecological Sustainability

Emissions from product

F

Fuel efficiency

Fleet average CO2 in EU (g/km)

151

157

173

182

190

EN26

Energy use in car production

G

EN3, EN4

Total energy consumption in car production (MWh)

854,936

861,121

713,079

816,581

916,669

Total energy consumption in car production (MWh/car) 6

1.30

1.61

1.71

1.59

1.42

n/a

Emissions from production

Total carbon dioxide emissions (tonnes)

59,685

67,585

58,980

68,367

126,735

EN16

Total carbon dioxide in car production (kg/car) 6

114

190

158

151

311

n/a

NOx emissions (tonnes)

80

85

71

90

101

EN20

SOx emissions (tonnes)

<1

<1

<1

<1

1

(=)

EN20

VOC emissions (tonnes)

828

738

527

712

740

EN20

VOC emissions (kg/car)

1.78

1.98

1.80

2.01

1.66

Hazardous waste (tonnes)

11,439

9,087

5,594

9,320

11,395

EN22

Comments on Sustainability Facts

A. Employee engagement
Volvo Cars measures employee engagement once a year using a measure called the Engagement Index (EI). The EI goal for 2011 was set to 85, and the global result was 76. Engagement is measured by aspects such as "energy" and "clarity". The results from 2011 show that 22 percent of all employees are fully engaged, while 1 in 3 employees are disengaged. The long-term EI goal for 2020 is set to 95. In previous years, an Employee Satisfaction Index (ESI) was used to measure employee satisfaction, and the reason for the change is that we want to set goals and measure how we perform in relation to our aspired culture, which is characterised by engagement. See also GRI/ 'Management Approach: Labour Practices and Decent Working Conditions'.

B. Sales
Volvo Cars saw growth in all sales regions during 2011. Retail sales increased by 20.3 percent to 449,255 units over full year 2010. China showed the largest increase, with 54.4 percent over 2010. North America grew by 22.5 percent, the Nordic region by 13.3 percent, Europe by 13.1 percent and the Overseas region by 35.7 percent compared to 2010. Market shares improved in all regions. Improved sales are driven mainly by strong demand for the 60-series: the Volvo S60 and V60 together with the XC60. Sales of the low-carbon dioxide DRIVe models continue to boost sales in Europe. The year 2020 global sales target is 800,000 and the growth plan for the Chinese market is vital to achieve this goal.

C. Product safety
Volvo Cars' vision and target for 2020 is that no one should be killed or injured in a new Volvo car. To achieve this goal, Volvo Cars continues its long tradition of research and its efforts to enhance security in and around the cars. Each year extensive independent safety testing is conducted and Volvo Cars is committed to be among the best in the class. In 2011, Volvo Cars received the highest rating in 81 of 91 tests carried out, which is equivalent to about 89 percent of the tests. See also GRI/'Management Approach: Product Responsibility', and PR1.

D. Employee health and safety
The work environment policy is described in the Volvo Cars Work Environment Directive. One of Volvo Cars' aims is to achieve world-class performance when it comes to the health and safety of its employees. Sick leave among Volvo Cars' employees in Sweden and Belgium has been decreasing slowly but steadily over the past few years. In 2011, Volvo Cars recorded the all-time low fi gure of 4.4 percent sickness absenteeism. We also monitor work-related accidents carefully and follow up all injuries, working to achieve improvement and avoid future occurrences. In 2011, we reached a result of 0.7 LTCR (the number of injuries resulting in at least one day of sick leave per 200,000 hours worked). See also GRI/'Management Approach: Labour Practices and Decent Working Conditions', and LA7.

E. Diversity
Diversity issues have a high priority at Volvo Cars. Regarding the gender balance in senior positions, the proportion of women in leadership positions reached 21 percent by the end of 2011. The company's new diversity plans were implemented in 2010 and include a series of activities to accelerate progress towards increased diversity and to utilise the diversity within the company. See also GRI/'Management Approach: Labour Practices and Decent Working Conditions', and LA13–LA14.

F. Fuel efficiency
Volvo Cars' development of the powertrain to reduce carbon dioxide emissions has started to pay off. The average emission rate of the company's car models in Europe has fallen to 151 g CO2/km in 2011, compared to 157 g CO2/km in 2010. Volvo Cars works hard to minimise the energy loss by developing efficient engines, transmissions and electrical systems. We seek perfection in aerodynamic shape while at the same time reducing weight and minimising mechanical losses. Electrification will play a major role in taking on the future carbon dioxide challenges, where the foreseen EU goal of 95 g CO2/km by 2020 is one objective. Another key development in reaching these goals is our new Scalable Product Architecture (SPA) in combination with the new, internally developed engine range, known as VEA (Volvo Environmental Architecture). Volvo Cars' customers can now choose between a total of seven models with carbon dioxide emissions below 120 g/km – three of them below the 100 g/km mark. See also GRI/'Management Approach: Environment', and EN26.

G. Environment in production
Volvo Cars has an overall target to continuously reduce our total energy consumption, and our aim is to be climate-neutral. All purchased electricity used by Volvo Cars in Europe originates from renewable sources. Heating originates largely from waste heat and biofuel, via district heating. During 2011, the total energy consumption from direct and indirect energy use was 854,936 MWh, which is slightly less than the previous year. The energy consumption per vehicle decreased by almost 20 percent from 1.61 MWh/vehicle in 2010 to 1.30 MWh in 2011. See also GRI/'Management Approach: Environment', and EN3–EN4.

Reference Notes

1) Trend indicates our progress in relation to Volvo Cars’ goals and vision. An arrow up indicates that the company is moving in the right direction toward our goals, an arrow down indicates that actions need to be taken for the company to develop towards our desired direction. (=) no change compared to previous year.

2) Since 2011, new metric replacing Employee Satisfaction.

3) Since 2011, only Sweden, Belgium and China.

4) Since 2011, new salary grades.

5) Since 2010, only Sweden and Belgium.

6) Only production in Torslanda, Sweden and Ghent, Belgium, since 2011.