ESG rating
Škoda Auto received the ESG Excellence award for sustainable development in the independent ESG rating.
Governance
Škoda Auto operates responsibly and transparently, ensuring that it is perceived as a successful and transparent company by its employees, business partners, customers, and the general public.To keep its promise, Škoda Auto actively develops and maintains corporate governance and management practices, demands the integrity of its employees, ensures compliance with relevant rules and regulations, effectively manages risks, and promotes a corporate culture based on the principles of integrity and compliance.
Corporate Culture and the principles of Business Conduct
Integrity a compliance
The principles of integrity and compliance are also an integral part of the Corporate Strategy and Sustainability Strategy...
Code of Conduct
The Group developed and the Company and its subsidiaries and affiliates subsequently adopted the OUR CODE Code of conduct.
Human Rights
The Company’s approach follows the UN Guiding Principles on Business and Human Rights....
Risk management system
The Company introduced a three-line model to identify, report, and mitigate risks in the sphere of integrity and compliance and to investigate any complaints of unlawful behaviour...
Supplier Relations Management
Škoda Auto implemented the Group Policy to ensure sustainable development in its relations with suppliers.
This policy sets out procedures for integrating environmental and social standards. Contractual requirements on adherence to these are defined by the Code of Conduct for Business Partners.
In 2019, Škoda Auto introduced a sustainability assessment of its suppliers using what is known as the S-rating. This tool makes it possible to verify effectively whether a business partner meets the set standards. The Sustainability Rating has become an integral part of the process of choosing suppliers and awarding contracts.
Preventing and Detecting Corruption
Škoda Auto introduced an effective system of preventing conflicts of interest and corruption that serves to protect the Company itself and its employees.
Moreover, binding internal rules and processes concerning conflicts of interest and corruption and accepting and providing courtesy gifts and invitations have been put in place as preventive measures.
Political Influence and Advocacy Activities
As a car manufacturer, Škoda Auto operates in a highly regulated environment. For this reason, it is in regular contact with representatives of local, regional, national, multinational, and international political representatives.The Company and its employees invariably act in accordance with valid international, European, and national legislation, internal standards, and the Škoda Auto and Volkswagen Group Code of Conduct.
In promoting its interests, the Company proceeds through an authorised employee (External Affairs Department) or through its membership of relevant associations. The Company and its employees also participate in the advisory bodies of public authorities and in academic institutions.
Škoda Auto a.s. also refers to the “Company” or “Škoda Auto” and the Volkswagen Group as the “Group” on this website. Without consent from Škoda Auto a.s., third parties are only allowed to use all published content - to an adequate extent - for Internet news for two years since publishing, worldwide (except USA, Canada, Japan); however, such use must not be in conflict with legitimate interests of the Company. The technical data is valid as of 2024. The Financial Part of the Annual Report was prepared in-house using firesys. More information can be found on the pages Copyright, Cookies, and Personal data at Škoda Auto.
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