The Volvo Group - a part of society
The Volvo Group is part of society and wants to contribute to the positive development of communities in which it operates. In its new Corporate Social Responsibility and Sustainability strategy the Volvo Group will build its community engagement activities on the concept of ‘creating shared value’.
The aim is to create value both for society and for the Volvo Group by matching societies’ needs with the Group’s business objectives. It results in activities where both society and the company can benefit.
The aim is to create value both for society and for the Volvo Group by matching societies’ needs with the Group’s business objectives.
As a rule of thumb, the Volvo Group should only engage in projects where it believes it has a unique contribution to make.
Global approach to local needs
The Volvo Group operates in countries with different social, political, economic and cultural systems and conditions. While many of the challenges of sustainable development and CSR are similar across the world, priorities and stakeholders’ expectations may differ from region to region.
Knowledge and understanding of the markets’ needs and conditions are essential to planning and executing successful community projects. Due to its global presence and decentralized structure, the Volvo Group considers the local organizations to be the most suited for identifying, selecting and developing community outreach projects based on local circumstances, expectations or priorities.