Volvo cars where sustainability means caring and consideration

Volvo is one of the safest car brand in the market, which cares for the people and the environment we are living in. The sustainability program in Volvo is called “Omtanke”, which means caring and consideration in Swedish. Volvo wants to protect what is important to of all us.

Omtanke – Sustainability program in Volvo

At Volvo, the core of business to sustainability is to approach people who care about other people and the world in which we live. Volvo is not just a car, it is a human-centric car brand

 How is Volvo committed to sustainability?

Volvo Cars participates as a founding member of the UN Global Compact to implement universal sustainability principles.Since 2000, Volvo has endeavoured to observe the Ten Principles of the Global Compact and supported the Sustainable Development Goals. UN Global Compact and Sustainable Development Goals have been the guide in doing business for Volvo

In Volvo cars, the most important factors are safety and quality control, not just in manufacturing lines but all aspects of business

  • Commitment to ethics, quality and environment: Applying Quality and Environmental Management Systems; holding ISO 9001 (Quality) and 14001 (Environment) certificates
  • Ethical Leadership: Volvo cars is recognized as the most ethical company in 2018 by the Ethisphere Institute for two consecutive years.
  • Transparent tax approach: Doing global business, Volvo cars has global tax responsibility and acts against transfer pricing, which is a problem for many global businesses. Volvo cars do not establish any organizations for tax purposes only. Volvo cars foster transparency and honesty in tax

What has Volvo cars achieved in 2017?

  • Saving on resources in manufacturing: saved 43Gwh in manufacturing
  • Saved 3,000 m3 of water at the Zhangjiakou Engine Plant, China
  • Saved 602 tonnes of steel and 292 tonnes of aluminum

Volvo Cars’s mission

  • Volvo cars wants to be the safest car in the market, we would evolve in the way that no customers should be seriously injured or killed in a volvo car by 2020
  • Volvo cars aims to have 1 million electrified vehicles on road by 2025

During our visits at Volvo Cars on Monday 04 June 2018, we had the opportunity to see the manufacturing process at Volvo cars in Gothenburg, Sweden. Safety is really fostered at Volvo cars even for visitors when we were required to put on protection glasses. Manufacturing lines are organized in a systematic orders in which Volvo has numerous investments to create a closed end and automatic manufacturing lines

 

References: Company visits, company sources and 2017 Annual report

 

As 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.

Bonus: Gothenberg Cultural Experience

Having done my undergrad at Chapman as well, I was a very active member of Alpha Kappa Psi, the co-ed business fraternity on campus. This experience led me to meet brothers from all majors, backgrounds, and places. Three years out from his graduation, I finally got to visit my AKPsi uncle, Filip, in my Greek family who now lives in Gothenberg with his beautiful family.

Filip Westlander is a Corporate Bond Broker at Jool Capital Partner AB, a market leader in the Nordic corporate bond market in the SEK 30–200 million segment focusing mainly on corporate bonds and fixed income investments. For working in the finance industry, his schedule is fairly reasonable with a normal 8-6 pm workday. Additionally, he received 3 months of paternal leave that can be spread out, following the birth of his daughter. His wife, Josefine, who works in HR is allowed an entire year off and full job security upon her return.

He graciously invited me over for drinks and dinner which was only a short tram ride away from our hotel at Central Station. This was my only experience during the trip of being in a home and getting a taste of Swedish life. We made some light caprese salad and grilled pork chops which is a fairly typical meal here, that is low in carbs and high nutrient content. The Swedes are very health conscious and you can see that with the abundance of juice shops and produce stands in the streets as well as portion control.

Their third story apartment in true Scandinavian form was very cleanly designed with all kitchen cabinets and appliances flush to the walls and light colors scattered throughout. This apartment in particular is unique as they recently added a balcony that serves as an entertainment area. Scandinavian design I noticed includes many outdoor elements in the home which offers some greenery to apartment style living. We talked about everything from the upcoming election in Sweden with their parties to the “cheap” food in Southern California. I was so happy to have this visit and it was definitely a highlight of my trip!

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