Corporate Governance Report
Transparent and responsible corporate governance takes the highest priority in our daily work. We regard it as one of the key conditions for strengthening the trust of our customers and investors, continually increasing the Company’s value and securing the future of the Volkswagen Group.
A BLUEPRINT FOR SUCCESSFUL CORPORATE GOVERNANCE: THE GERMAN CORPORATE GOVERNANCE CODE
The German Corporate Governance Code contains recommendations and suggestions for good and responsible corporate governance. It was prepared by the government commission established for the purpose on the basis of the material statutory provisions and nationally and internationally accepted standards of corporate governance. The government commission reviews the German Corporate Governance Code in light of national and international developments on an annual basis and updates it as necessary. The Board of Management and the Supervisory Board of Volkswagen AG base their work on the recommendations and suggestions of the German Corporate Governance Code. We consider transparent and responsible corporate governance to be a key condition for sustainably increasing the Company’s value. It helps strengthen the trust of our customers and investors in our work and meet the steadily increasing demand for information from national and international stakeholders.