with 114 global assets and an expansive supply chain, all of which impact nature directly or indirectly.“ If nature gets out of balance, we as a society have an issue,” Dirk says.“ As a car manufacturer, you have an impact on nature – streets, production sites, supply chains.”
VW’ s solution is twofold – internal supply chain dialogue using sustainability ratings and a new annual biodiversity fund worth up to € 25m( US $ 29.2m) for direct restoration projects.“ We invest up to € 25m per year into biodiversity projects – to demonstrate we can restore, regenerate or maintain nature,” Dirk says.
“Circular economy makes sense: it reduces the carbon footprint and creates untapped value streams”
Dirk Voeste, Chief Sustainability Officer, Volkswagen Group sustainabilitymag. com 29