Volvo Cars has been named as one of the world’s most ethical companies in 2018.

For a second year in a row, the Ethisphere Institute has named Volvo Cars one of world’s most ethical companies.

Volvo Cars has established a Compliance & Ethics program to support its commitment to responsible business, as well as to prevent and mitigate a wide range of legal and ethical risks. As part of this programme, the Code of Conduct and the Code of Conduct for Business Partners set out the principles which employees and business partners are expected to abide by when working for or doing business with Volvo Cars.

The company has developed a broad range of training on ethical business practices for all employees, as well as specific training for managers focusing on behaviour and role modelling.

“To be named as one of the World’s Most Ethical Companies for the second time is a welcome acknowledgement of our work to date in promoting ethical and responsible practices, both internally and externally,” said Maria Hemberg, Senior Vice President Group Legal, General Counsel and Chair of Volvo Cars’ Sustainability Board.