Company Directory - Volvo Group
Company Details - Volvo Group
Volvo Group
WebsiteGothenburg, Sweden
ISIN: SE0000108656
Volvo Group is a leading multinational manufacturing company that produces a wide range of commercial vehicles, construction equipment, and marine and industrial engines. Headquartered in Sweden, the company is known for its innovative transport solutions and integrated services for customers worldwide.
CCI Score
CCI Score: Volvo Group
69.95
-0.02%
Latest Event
Volvo Group Modern Slavery Statement 2023
The statement details Volvo Group's comprehensive measures to prevent modern slavery, ensuring ethical labor practices and responsible supply chain management throughout its global operations.
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LEADER
Volvo Group is currently rated as a Leader.
Latest Events
- JUN062024
The statement details Volvo Group's comprehensive measures to prevent modern slavery, ensuring ethical labor practices and responsible supply chain management throughout its global operations.
+85
Labor Relations and Human Rights Practices
March 18
The Modern Slavery Statement outlines strong commitments to labor rights including rigorous human rights reviews, comprehensive training, and robust whistleblowing mechanisms. These measures demonstrate Volvo Group's high standard in protecting worker rights and preventing forced labor.
+80
Supply Chain Ethics
March 18
The document illustrates a strong commitment to supply chain ethics, detailing stringent due diligence, regular supplier audits, and clear contractual obligations to prevent modern slavery and unethical labor practices within its extended supplier network.
- JUN062024
The Volvo Group released a comprehensive Modern Slavery Statement outlining robust human rights policies and supply chain due diligence measures designed to eradicate modern slavery and forced labor in both its operations and supplier network.
- MAY152024
Volvo Group has actively participated in lobbying efforts by advocating to expand tax credits for zero emission vehicles, demonstrating a commitment to progressive environmental policy that contrasts with authoritarian corporate practices.
+70
Political Contributions and Lobbying Efforts
March 18
Volvo Group’s recent joint letter advocating for the expansion of tax credits for zero emission vehicles is a clear example of proactive and progressive political lobbying. This engagement in public policy promotes environmental sustainability and aligns with anti-fascist values by prioritizing public welfare and long‐term societal benefit, rather than narrow corporate gain. Such efforts are a positive counterpoint to authoritarian practices that often seek to undermine democratic controls.
- JUN242022Modern Slavery Statement
60.34
Volvo Group reaffirms its commitment against modern slavery and child labor through robust internal policies, human rights governance, and strict supply chain due diligence, as detailed in its Modern Slavery Statement signed on 24 June 2022.
+80
Labor Relations and Human Rights Practices
March 18
The Volvo Group demonstrates strong commitment to labor rights and human rights practices. Their detailed Code of Conduct, specialised training modules, human rights reviews, and whistleblower policies indicate robust measures to prevent modern slavery, which is a positive step against authoritarian and exploitative practices.
+80
Supply Chain Ethics
March 18
The company’s comprehensive approach to supply chain ethics includes rigorous supplier audits, self-assessment questionnaires, and due diligence protocols. These measures ensure that the Volvo Group actively mitigates risks related to forced labor and modern slavery, reflecting a high standard in ethical supply chain management.
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