Volkswagen Financial Services AG, a subsidiary of Volkswagen AG, has announced a new sustainability strategy for 2025, applying across all European markets. The strategy focuses on four key areas—nature, employees, society, and business—placing a strong emphasis on decarbonisation and the expansion of e-mobility. The company aims to achieve net carbon neutrality for both its business operations and its portfolio of leased and financed vehicles in Europe by 2030.
Frank Fiedler, Board Member for Risk, Tax and Legal Affairs at Volkswagen Financial Services AG, emphasised the company’s role in shaping the future of mobility, stating that the transition to emission-free transport is both a responsibility and a strategic opportunity. He highlighted the company’s commitment to integrating sustainability into its business model while supporting the wider shift towards greener mobility solutions.
Volkswagen Financial Services has set ambitious targets to reduce carbon emissions across its operations. At its headquarters in Braunschweig, where 7,000 employees are based, all electricity already comes from renewable sources. The company has also installed a large solar system generating 120,000 kilowatt-hours of electricity annually—enough to power 25 to 30 three-person households.
The transition to electric vehicles is also underway. The in-house fleet of company cars is gradually being replaced with electric vehicles, and by 2025, the charging infrastructure at the Braunschweig site will be expanded to around 360 charging points to support the shift to electromobility.
Beyond environmental efforts, Volkswagen Financial Services is strengthening its focus on diversity, inclusion, and equal opportunities. The company is increasing investment in employee training and development while maintaining its role in supporting social, cultural, and sports initiatives across Europe.
As part of its transition towards sustainable mobility, Volkswagen Financial Services is expanding its leasing options to encourage both private and fleet customers to adopt electric vehicles. Working alongside Volkswagen Group brands, the company is developing a comprehensive service offering, including vehicle selection, financing, and charging infrastructure solutions.
The company is also increasing its focus on green financing, setting a target for Green Bonds to account for 40 per cent of its refinancing by 2030, rising to 60 per cent by 2040. These bonds will be used exclusively for financing and leasing electric vehicles, reinforcing Volkswagen Financial Services’ commitment to environmental sustainability.
Environmental conservation remains a cornerstone of the company’s sustainability strategy. Volkswagen Financial Services is continuing its 15-year partnership with the German Nature and Biodiversity Conservation Union (NABU) on peatland protection, with a new large-scale European project set to begin.
Additionally, the company is collaborating with Volkswagen ClimatePartner to support long-term conservation projects outside Europe. Current flagship initiatives are based in Brazil and South Africa, further extending Volkswagen Financial Services’ commitment to climate action on a global scale.
