2022 EXPO Poster Brod et al (Finance)

Are Socially Responsible Firms Profitable? A Case Study of Volvo Group. 

Abstract 

Volvo Car Group is committed to reaching net-zero greenhouse gas emissions by 2040 and transitioning from gas-powered to electric-powered vehicles by 2050. Its strong commitment to sustainability and the United Nations' Sustainable Development Goals (SDG) is highlighted by financial analysts and within its annual report. This project explores how Volvo's strong environmental commitment has impacted its profitability. This study seeks to strengthen our understanding of the interdependence between Volvo's long-term financial value and its societal impact. As part of our research, we will investigate Volvo's financial performance, corporate governance policy, long-term risk management practices, Morningstar analyst rankings, and stock trends.