THE VOLVO GROUP ANNUAL and SUSTAINABILITY REPORT 2015 the Volvo Group’S Products and Services Contribute to Much of What We All Expect of a Well-Functioning Society
THE VOLVO GROUP ANNUAL AND SUSTAINABILITY REPORT 2015 The Volvo Group’s products and services contribute to much of what we all expect of a well-functioning society. Our trucks, buses, engines, construction equipment and financial services are involved in many of the functions that most of us rely on every day.. THE VOLVO GROUP ANNUAL AND SUSTAINABILITY REPORT CONTENT CEO comment 2 A GLOBAL GROUP SHARE OF NET SALES BY BUSINESS AREA 2015 OVERVIEW Our customers make societies function 4 Strong positions thanks to ... 6 Trucks, 68% ... competitive products ... 8 ... and first-class services. 10 Construction Equipment, 16% Buses, 7% STRATEGY Volvo Penta, 3% Global context 18 Vision, Core values, Code of Conduct and Wanted position 20 Customer Finance, 3% Strategy 22 Other, 3% BUSINESS MODEL Value chain 24 Product development 26 Supply chain 30 Production 32 Distribution & Service 38 Products in use 42 Reuse & Recycling 46 Value creation 50 Sustainability context 52 Sustainability drivers 54 Sustainability ambitions 55 SHARE OF NET SALES BY MARKET 2015 Our material issues 56 Sustainable transport solutions 58 Shared value 64 Responsible business behavior 70 GROUP PERFORMANCE BOARD OF DIRECTORS’ REPORT 2015 North Europe Global strength 76 America 39% Significant events published in quarterly reports 78 33% Financial performance 80 Financial position 83 Asia 17% Cash flow statement 86 Trucks 88 Construction equipment 92 Buses 95 Volvo Penta 97 South Volvo Financial Services 99 America Financial targets 101 5% 6% Financial management 102 Changes
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