Volkswagen Sustainability Reports May Have Hinted at Problems
Date: October 15, 2015
Using eRevalue’s data, Bloomberg BNA writes that there may have been hints of the still-unfolding diesel emissions scandal at Volkswagen AG hidden in corporate sustainability reports.
According to the article, eRevalue’s research shows that non-carbon gases have been mentioned less and less often in VW’s sustainability disclosures in recent years, despite the fact that the reports have grown in size.
“Clearly here what we saw was, in the sustainability reports of Volkswagen over time, they really went silent on the topic,” said Marjella Alma, who recently founded eRevalue after spending several years working with the Global Reporting Initiative, the most widely used standard for sustainability disclosure. “There was very little description, very little narrative. There was just a couple little tables and that was it.”
Read more here.