Škoda Group is stepping up its carbon accounting to identify potential savings, set targets and create a roadmap for the energy transition. A practical example of these efforts is the factory in Otanmäki, Finland, which is powered entirely by wind energy.
Another key sustainability area is investment in research and development of sustainable products. Škoda Group will allocate 2-3% of revenue to it over the next 5 years. The latest R&D highlights include the introduction of battery train or the launch of a new generation of H’CITY hydrogen bus. Other projects focus on autonomous technologies, such us anti-collision system for railways or smart depot, which increases safety and brings Škoda Group one step closer to autonomous driving.
Škoda Group also attaches high importance to occupational health and safety, as well as cultivating a positive working environment where employees can develop their skills and careers. Škoda Group was recognised as the second most attractive employer in the Czech Republic in the Automotive & Engineering Industry category at the 2023 Randstad Awards.
Last, but not least, transparent business conduct is another core area of Škoda Group´s ESG approach. Operating in business-to-government sector, high ethical standards and zero-tolerance attitude to bribery or breaches of laws and internal policies are of essential importance. In 2022, Škoda Group did not record any incident of corruption or bribery.