GRI Index

Volvo Group applies the GRI (Global Reporting Initiative) framework for sustainability reporting. This voluntary framework sets out principles and indicators for measuring and reporting economic, environmental and social performance.

The table below provides references to where the indicated GRI-information can be accessed in the Sustainability Report 2012. In some cases, reference is made to content in the Volvo Group Annual Report or the Corporate Governance Report for 2012. The Volvo Group has chosen to self-declare the report to meet GRI Application Level B.

Profile
1. Strategy and analysis
1.1 CEO statement fully reported CEO comment
1.2 Description of key impacts, risks and opportunities fully reported

Sustainability approach

Governance

Risk management

2. Organizational profile
2.1 Name of the organization fully reported About the Volvo Group
2.2 Primary brands, products and services fully reported About the Volvo Group
2.3 Operational structure of the organization fully reported Governance
2.4 Location of organization's headquarters fully reported About the Volvo Group
2.5 Countries where the organization operates fully reported About the Volvo Group
2.6 Nature of ownership and legal form fully reported About the Volvo Group
2.7 Markets fully reported About the Volvo Group
2.8 Scale of the organization fully reported About the Volvo Group
2.9 Significant changes during the reporting period fully reported Significant events
2.10 Awards received during the reporting period fully reported Independent recognition
3. Report parameters
Report profile
3.1 Reporting period fully reported About this report
3.2 Date of most recent previous report fully reported About this report
3.3 Reporting cycle fully reported About this report
3.4 Contact point for questions regarding the report fully reported Contact
Report scope and boundary
3.5 Process for defining report content fully reported About this report
3.6 Boundary of the report fully reported About this report
3.7 Specific limitations on the scope or boundary of the report fully reported About this report
3.8 Basis for reporting on joint ventures, subsidiaries, etc fully reported About this report
3.9 Data measurement techniques and calculation principles fully reported About this report
3.10 Explanation of the effect of any re-statements of information provided in earlier reports fully reported About this report
3.11 Significant changes from previous reporting periods regarding scope, boundaries, etc. fully reported About this report
GRI content index
3.12 Table identifying the location of the Standard Disclosures in the report fully reported GRI table
3.13 Policy and current practice with regard to seeking external assurance for the report fully reported About this report
4. Governance, commitments & engagement
Governance
4.1 Governance structure of the organization fully reported Governance
4.2 The Chairman of the Board's role in the organization fully reported Annual Report
4.3 Independent and/or non-executive board members fully reported Annual Report
4.4 Mechanisms for shareholders and employees to provide recommendations to the board fully reported Annual Report
4.5 Principles for compensation to senior executives fully reported Annual Report
4.6 Processes for avoiding conflicts of interests in the board fully reported Annual Report
4.7 Processes for determining the qualifications of board members fully reported Annual Report
4.8 Mission, values, Code of Conduct, etc. fully reported

Sustainability approach

Code of Conduct

4.9 The board's monitoring of the sustainability work fully reported Governance
4.10 Processes for evaluating the board's own performance fully reported Annual Report
Commitments to external initiatives
4.11 Explanation of whether and how the precautionary principle is applied fully reported

Product development

Production

4.12 Endorsement of external voluntary codes, principles or other initiatives fully reported Sustainability approach
4.13 Memberships in associations fully reported Memberships
Stakeholder engagement
4.14 List of stakeholder groups fully reported Sustainability approach
4.15 Basis for identification and selection of stakeholders with whom to engage fully reported Sustainability approach
4.16 Approaches to stakeholder engagement fully reported Sustainability approach
4.17 Key topics and concerns that have been raised through stakeholder engagement fully reported Sustainability approach
Economic
5. Economic indicators
Management approach disclosure fully reported CEO comment
EC1 Direct economic value generated and distributed fully reported About the Volvo Group
EC2 Risks and opportunities for the organization due to climate changes fully reported

Strategic approach

Future transports

EC3 Coverage of the organization’s defined benefit plan obligations fully reported Annual Report, note 20
EC4 Financial assistance received from government fully reported Product development
EC5 Range of ratios of standard entry level wage compared to local minimum wage fully reported Production
EC6 Policy, practices, and proportion of spending on locally-based suppliers fully reported Purchasing
EC7 Local hiring and proportion of senior management hired from the local community partially reported Production
EC8 Infrastructure investments and services provided for public purposes fully reported

Future transports

Society engagement

EC9 Significant indirect economic impacts, including the extent of impacts fully reported

Future transports

Value chain

Environmental
6. Environmental performance indicators
Management approach disclosure fully reported Strategic approach
Materials
EN1 Materials used by weight or volume partially reported

Product development

Re-use

EN2 Percentage of recycled input materials fully reported

Product development

Re-use

Energy* * More information: Volvo Group’s Environmental data report
EN3 Direct energy consumption by primary source partially reported Production
EN4 Indirect energy consumption by primary source partially reported Production
EN5 Energy saved due to conservation and efficiency improvement fully reported Production
EN6 Initiatives to provide energy-efficient or renewable energy based products/services fully reported

Future transports

Product development

EN7 Initiatives to reduce indirect energy consumption and results fully reported Production
Water* * More information: Volvo Group’s Environmental data report
EN8 Total water withdrawal by source partially reported Production
EN9 Water sources significantly affected by withdrawal partially reported Production
EN10 Percentage and total volume of water recycled and reused not reported Reported in the Volvo Group's Environmental Data Report
Biodiversity
EN11 Location/scope of land owned near protected areas/areas of biodiversity value not reported Environmental data report
EN12 Impacts of products or operations on biodiversity fully reported

Future transports

Product development

Environmental data report

EN13 Habitats protected or restored partially reported Environmental data report
EN14 Strategies, actions and plans for managing impacts on biodiversity fully reported Environmental data report
EN15 Number of IUCN Red List species affected by operations partially reported Environmental data report
Emissions, effluents & waste* * More information: Volvo Group’s Environmental data report
EN16 Direct and indirect greenhouse gas emissions fully reported Production
EN17 Other relevant indirect greenhouse gas emissions fully reported Production
EN18 Initiatives to reduce greenhouse gas emissions fully reported

Future transports

Product development

Production

EN19 Emissions of ozone-depleting substances fully reported Environmental data report
EN20 NO, SO, and other significant air emissions fully reported

Production

EN21 Total water discharge partially reported Production
EN22 Waste by type and disposal method partially reported Production
EN23 Number and volume of significant spills fully reported Production
EN24 Weight of handled waste deemed hazardous fully reported Production
EN25 Water bodies and related habitats affected by organization's water discharge partially reported Environmental data report
Products & services
EN26 Initiatives to mitigate environmental impacts of products and services fully reported

Future transports

Value chain

EN27 Products sold and their packaging materials that are reclaimed fully reported

Distribution and service

Re-use

Compliance
EN28 Fines and/or non-monetary sanctions for non-compliance with environmental laws fully reported

About the Volvo Group

Annual Report, note 24

Transport
EN29 Environmental impact of transports fully reported Production
EN30 Total environmental protection expenditures and investments by type fully reported

Future transports

Value chain

Social
7. Social performance indicators
Employment
Management approach disclosure fully reported

Production

LA1 Total workforce by employment type, contract and region fully reported

Production

LA2 Rate of employee turnover by age group, gender and region partially reported

Production

LA3 Benefits provided to full-time employees fully reported

Production

LA4 Percentage of employees covered collective bargaining agreements fully reported

Production

LA5 Minimum notice period(s) regarding operational changes partially reported

Production

LA6 Percentage of total workforce represented in formal joint management-worker health and safety committees fully reported

Production

LA7 Rates of injury, occupational diseases, lost days, work related fatalities partially reported

Production

LA8 Education, training, prevention and risk-control programs in place fully reported

Production

LA9 Health and safety topics covered in formal agreements with trade unions partially reported

Production

LA10 Average hours of training per year per employee partially reported

Production

LA11 Programs for skills management and lifelong learning that support employees' career development fully reported

Production

LA12 Employees receiving regular performance and career development reviews fully reported

Production

LA13 Composition of governance bodies and employees according to diversity indicators fully reported

Production

LA14 Ratio of basic salary of men to women not reported
Human rights
Management approach disclosure fully reported

Production

HR1 Investment agreements that include human rights clauses fully reported

Production

HR2 Suppliers that have undergone screening on human rights, and actions taken fully reported

Purchasing

Production

HR3 Training and education of employees in human rights fully reported

Governance

Purchasing

Production

HR4 Total number of incidents of discrimination and actions taken partially reported Governance
HR5 Operations where freedom of association and collective bargaining may be at significant risk and actions taken fully reported

Production

HR6 Operations identified as having significant risk for incidents of child labor and actions taken partially reported

Production

Purchasing

HR7 Operations identified as having significant risk for incidents of forced or compulsory labor and actions taken partially reported

Production

Purchasing

HR8 Security personnel trained in human rights policies partially reported

Production

Purchasing

Governance

HR9 Incidents of violations involving rights of indigenous people and actions taken not reported
Society
Management approach disclosure fully reported Society engagement
SO1 Programs for evaluating the operation's impacts on communities fully reported Society engagement
SO2 Business units analyzed for risks related to corruption fully reported

Distribution and service

Purchasing

SO3 Employees trained in the organization's anti-corruption policies and procedures fully reported

Distribution and service

Purchasing

SO4 Actions taken in response to incidents of corruption fully reported

Distribution and service

Purchasing

Governance

SO5 Participation in public policy development and lobbying fully reported Memberships
SO6 Financial and in-kind contributions to political parties, politicians and related institutions fully reported Memberships
SO7 Legal actions for anti-competitive behaviour fully reported

Distribution and service

Governance

SO8 Monetary value of fines for non-compliance with applicable laws fully reported Annual Report, note 24
Product responsibility
Management approach disclosure fully reported

Future transports

Product development

PR1 Life cycle stages in which health and safety impacts of products and services are assessed fully reported

Product development

PR2 Incidents of non-compliance with regulations concerning health and safety impacts of products fully reported Annual Report, note 24
PR3 Type of products and service information required by procedures, and percentage of products subject to such information requirements fully reported

Product development

PR4 Incidents of non-compliance with regulations concerning product labelling fully reported Annual Report, note 24
PR5 Results related to customer satisfaction, including results of surveys fully reported Distribution and service
PR6 Programs for adherence to laws, standards and voluntary codes for marketing communications  fully reported Distribution and service
PR7 Incidents of non-compliance with regulations concerning marketing communications fully reported Annual Report, note 24
PR8 Substantiated complaints regarding breaches of customer privacy not reported
PR9 Monetary value of fines for non-compliance with regulations concerning products and services fully reported Annual Report, note 24