August 2023
Intermediate to advanced
818 pages
28h 27m
English
Content preview from International Corporate Governance, 3rd Edition
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CASE STUDY 10VW
The rigour of the Dow Jones Sustainability Index assessment criteria – ‘the gold standard for corporate sustainability’ – experienced something of a shock when on 21 September 2015, Volkswagen AG (VW) was listed as the industry group leader for Automobiles and Components (S&P Dow-Jones 2015a). Volkswagen’s 2015 DJSI score included top marks for codes of conduct and compliance as well as anti-corruption and environmental reporting. On 29 September 2015, the S&P Dow Jones Indices announced that VW was to be removed from the Dow Jones Sustainability Indices as a result of revelations that it had manipulated emissions tests to conceal the level of toxic pollutants issuing from its diesel engines in ...
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