World Finance magazine recently honored Audi’s efforts and commitment to its environmental, social and governance targets by naming the manufacturer the Most Sustainable Company in the Automotive Car Production Industry at the World Finance Sustainability Awards.
The automotive firm’s commitment was highlighted in an exclusive article featured by World Finance that was authored by Peter Kössler, a member of the Audi Board of Management for Production and Logistics. Kössler wrote that both customers and investors are now looking forward to a stronger commitment to sustainability from businesses.
Audi projects more than 30 electrified car models five years from now, accounting for 40 percent of its worldwide revenue. The German brand also envisions to operate all its plants carbon-neutral on balance.
"Right now, we are on track to meet the objectives of Mission Zero, our initiative to reduce company-wide carbon emissions," Kössler wrote in the article. "By 2025, we want to reduce our environmental impact from what it was in 2010 by 35 percent per vehicle. We have taken steps to reach 23.7 percent so far, and we intend to remain on target. Across the entire value chain, we are working with carbon-neutral production and supply chains, closed resource loops and sustainable products. We have also established four rings of sustainability – reduce, reuse, recycle and rethink – which we use in the planning of every project."