Annual Report 2025

Group Management Report

ESG ratings

Analysts and investors also refer to companies’ sustainability profiles when making their investment recommendations and decisions. They draw on ESG ratings, among other things, to evaluate a company’s environmental, social and governance performance. At the same time, these ratings are instrumental in monitoring the progress of our Group strategy, and they are used to determine internal measures.

In fiscal year 2025, Volkswagen’s ESG rating from MSCI was unchanged at B, the rating from ISS STOXX was C+ and from CDP A–. In the Sustainalytics rating, the Volkswagen Group further improved its “medium risk” score.