Audi Report 2023
AUDI AG is committed to future-oriented premium mobility. Find out how it achieves this by reading the Audi Report 2023. The combined annual and sustainability report provides an insight into strategy and financial performance and it documents the progress of AUDI AG with regard to Environmental, Social and Governance (ESG) topics.
Strategy and Company
Financial figures & facts
ESG highlights
Environmental
- Audi consistently reduces emissions and energy along the value chain in order to reduce the ecological footprint over the entire life cycle of its vehicles.
- The brand with the Four Rings pursues a decarbonization strategy along the entire value chain. Advancing alternative drive technologies offers significant potential in this regard for reducing emissions.
- Circular economy and sustainable materials are key sustainability issues for Audi for preserving resources over the entire life cycle of its vehicles. The procedure it has adopted focuses on a holistic vision with three principles: reduce, reuse and recycle.
- As part of the Mission:Zero environmental program, Audi is committed to nature conservation at its production sites and takes responsibility for the sustainable use of the resource water. In addition, numerous initiatives show that the protection of biodiversity is a topic of particular concern to the company.
Social
- Audi offers it employees fair working conditions and modern working forms. In focus: training and development, work-life balance and modernizing the working world.
- The company has set itself the goal of actively helping to define vehicle safety in the future and continually advancing road safety in general.
- The Four Rings accept responsibility in the supply chain. These efforts are focused on ensuring respect for human rights and compliance with environmental and social standards.
- The company supports its employees in achieving their full potential with a holistic approach to occupational health and safety.
- The Audi corporate culture is defined by integration and diversity, equal opportunities and protection from discrimination, responsible leadership principles and co-determination for all employees.
- Audi engages with relevant stakeholders through digital channels, event formats, dealerships and its involvement in initiatives and associations and maintains long-term customer relationships.
- Audi considers itself to be a responsible member of society. Diverse and international corporate citizenship has always been of great importance to Audi.
Governance
- For Audi, sustainable corporate governance with a consistent focus on ESG is crucial to the company’s future viability. ESG criteria are therefore an integral part of all corporate and product decisions.
- In the 2023 fiscal year, the Audi Group delivered a robust financial result thanks to stable market performance and strong brands – a clear indication of the economic stability of the Brand Group Progressive.
- The company is shaping new mobility concepts with innovative in-car technologies, flexible sharing concepts and digital services.
- At Audi, compliance and integrity are key elements of all business processes and decisions. Topics such as anti-corruption, human rights and fair competition are focal points in this respect.
- Audi is continually driving forward responsible digitalization – in the vehicle and the customer experience as well as in production, logistics and other company processes.
“Audi has developed a lot of strengths over the decades. We are building on these and breathing new life into ‘Vorsprung durch Technik’.”
Gernot Döllner, Chairman of the Board of Management, AUDI AG
