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Sustainability Report 1 About the Report 102-45 102-48 102-49 Sustainability Report 1 About the Report 102-45 102-48 102-49 CONTENT This is the 5th Sustainability Report issued by FAW-Volkswagen Automotive Co., Ltd. and the previous report was released in October 2018. For convenience of reading and expounding, FAW-Volkswagen Automotive Co., Ltd. is also expressed as “FAW-Volkswagen”, “the company” and “we”. SCOPE This report describes the sustainable performance of FAW- Volkswagen and its subsidiaries in China (see the chapter “Locations of Organizational Departments”) covering a period from January 1st, 2018 to December 31st, 2019. There is no substantial change of boundaries in terms of the scope of this report. CYCLE This report will be issued every two years. COMPILING CRITERIA This report has been prepared in accordance with the GRI standards: Core option. It is a compilation of the actual situations related to FAW-Volkswagen. It consists of 4 core chapters: Strategy, Economy, Society and Environment. Please refer to About the the indicator comparison table at the end of the report for the disclosed information of each indicator in this report. Authentication COMPILATION PRINCIPLES of this Report In line with guiding principles that take the company's activities, FAW-Volkswagen’s top management attaches great impact, and the substantial expectations and interests of relevant importance to its own sustainable development; therefore, stakeholders into full consideration, the content contained in this the Secretary of the Board of Directors and CO are especially report is a true reflection of the company's active performance responsible for compiling the “Sustainable Development with regards to our economic, social, and environmental Report” and for obtaining external authentication. After its responsibilities as well as the company's full implementation of completion, TÜV Rheinland (Guangdong) Ltd., is authorized our sustainable development strategies. All information and data to conduct external verification of the Report. have been derived from official documents and statistical reports. See the independent verification statement on page 91 of It summarizes the sustainable development across all functions the Report. Address: No.5,Anqing Road,Development zone of Automobile and their subsidiaries and provides the basis for stakeholders to Economic and Technical, Changchun,Jilin make reliable and reasonable performance evaluations. Tel: 4008-171-888 This report is printed on recyclable paper. Email: [email protected] Postcode: 130011 Sustainability Report 1 Organization Structure The Board of Management (BOM) In April 2019, Dr. André Stoffels took over the position of First Vice President (Finance) of FAW-Volkswagen Automotive Co., Ltd. from Mr. Rainer Seidl. On September 1st, 2019, Mr. Andreas Dick took over the position of Technical Vice President of FAW-Volkswagen Automotive Co., Ltd. from Dr. Juergen Unser. On November 2nd, 2019, Mr. Jin Xianzhen took over the position of HR Vice President of FAW-Volkswagen Automotive Co., Ltd. from Mr. Wang Weizhong. Mr. Liu Yigong Dr. André Stoffels Mr. Jin Xianzhen Mr. Andreas Dick Mr. Dong Xiuhui Member of the Board of Directors, Secretary First Vice President (Finance) HR Vice President Technical Vice President Commercial Vice President of the Party Committee and President Company Office Finance Administration Human Resources Technical Engineering Sales Company-VW Brand Audi Sales Division Management Service Controlling FAW-Volkswagen Academy Product Management Marketing Marketing Quality Assurance Treasury & Auto Finance Safety Assurance Planning Sales Planning Sales Supply Internal Auditing Expatriate Coordination Logistics Network and Training Network and Training Legal, Risk, Compliance Changchun Base After Sales Services Customer Services Foshan Branch Future Business Development Services Technique Qingdao Branch Jetta Brand Sales Division FBU Sales Business Tianjin Branch Future Business Development Powertrain Division VSC Vehicle Logistics Chengdu Branch As the top organization for daily management and decision making, FAW-Volkswagen’s Board of Management (hereinafter referred to as BOM) consists of 5 members whose duties cover 5 systems respectively, are appointed by shareholders and act as a collective decision-making system. The BOM also takes charge of monitoring the company’s core targets and each year will report the results to shareholders. 2 Organization Structure Sustainability Report 3 Profile of FAW-Volkswagen Founded on February 6th, 1991, FAW-Volkswagen Automotive Co., Proving Ground in China, was completed and put into operation. The In addition, FAW-Volkswagen has also established a nationwide, consecutive year. Ltd. (hereinafter referred to as FAW-Volkswagen) is a large joint- completion of the Proving Ground not only fills in the gaps of the highly efficient dealer network. It collaborates with dealers based FAW-Volkswagen regards being the "The most outstanding auto venture passenger vehicle manufacturer founded by China FAW Group Chinese automotive industry in the field of verification testing, but on the principle of mutual benefit. Through diversified marketing company in China for customers, employees and partners, shaping Corporation, German Volkswagen AG, AUDI AG, and Volkswagen also fulfills FAW-Volkswagen’s determination to build a complete approaches such as customer-centric 4S stores, 3S stores, city the future of mobility " as its vision to actively fulfill its mission, (China) Investment Co., Ltd. It is the first modernized passenger automotive eco-industrial chain with practical actions, and will further showrooms, and online marketing, it engages tens of thousands "We offer first-class vehicles to exceed customer expectations. vehicle manufacturer established in China that corresponds with the take the company to a new level in market competition. The FAW- of salespersons to provide efficient and people-oriented services, We provide innovative services to fascinate customers. We strive economic scale. Volkswagen New Technology Development Center, for which the building a strong marketing service matrix. for environmental and social sustainability together with our After nearly 30 years of development, FAW-Volkswagen’s production groundbreaking ceremony in Changchun was held in October 2019, The rapid development of FAW-Volkswagen has driven the growth employees and partners." FAW-Volkswagen actively fulfil its social capacity layout is spread across Northeast China (Changchun), is another crucial step for FAW-Volkswagen in the field of technology of the supplier system. Currently, there are over 750 suppliers of responsibilities while realizing its own economic benefits. On the one Southwest China (Chengdu), South China (Foshan), East China development and is also vital for FAW-Volkswagen’s implementation production materials serving FAW-Volkswagen, of which more hand, FAW-Volkswagen continues to provide consumers with reliable (Qingdao) and North China (Tianjin) with eight professional production of the “full value chain localization” strategy. After completion, the than half of them are A-class suppliers. FAW-Volkswagen has also quality products and contributes to local economic development plants. new technology development center will become the role model implemented an integrated supplier capability enhancement program and prosperity of the automobile market. On the other hand, FAW- From one brand and one product at the time of its founding, for industry development with industry-leading technical indicators and carried out comprehensive joint assessments of the supplier Volkswagen has always adhered to environmental protection and FAW-Volkswagen has become a mature domestic passenger car and test conditions. It will further promote the transformation and logistics system, cost control system, product development, project green concepts, supported charities, actively advocated traffic manufacturer covering A, B, and C classes. To date, more than 20 upgrading of Changchun s well as the entire northeastern automotive management system, etc. to promote the overall and balanced safety, and taken the lead in setting an example within the industry. products have been launched under the three major brands of Audi, industry. development of suppliers' main business capabilities. It also ensures This has helped win the favor of customers, industry support, and Volkswagen and Jetta, which includes the Audi A6L, Audi A6L e-tron, Using the Volkswagen Group’s world-class MQB and MEB platforms, that FAW-Volkswagen's product production chain is overseen by a social recognition. Moreover, over the years, its corporate brands Audi Q5L, Audi A4L, Audi Q3, Audi A3 Limousine, Audi A3 Sportback, FAW-Volkswagen applies a wide range of leading equipment and comprehensive quality management system from beginning to end. and product brands have repeatedly won many awards from the Audi Q2L, Audi Q2L e-tron, Magotan GTE, Magotan, CC, TAYRON, technologies throughout various aspects of production, which Through recruitment from domestic campuses, society and overseas government, industry, and media. TAYRON R-Line, T-ROC, TACQUA, Sagitar, Golf, Golf GTI, Golf R-Line, essentially ensures the precision and stability of FAW-Volkswagen’s talent markets, FAW-Volkswagen has built a strong talent pool in Facing the new trends of industry development, FAW-Volkswagen GOLF SPORTSVAN, e-Golf, C-TREK, Bora, e-Bora, Jetta VS7, Jetta VS5, products at every production stage. the fields of technology and management. It respects employees’
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