It’s not often that corporate executives make confessions that could jeopardize both its corporate standing and perhaps even their jobs. Yet, last week a top Volkswagen group executive said that the group alone is responsible for around 2 percent of global carbon emissions, about the same amount that Germany emits. It’s almost one percent for cars and one percent for trucks. Germany, in comparison, accounts for nearly 2.2 percent of C02 emissions, the equivalent of 800 million tonnes, and was ranked sixth globally, according to 2017 figures from the Global Carbon Project. Herbert Diess, head of the Volkswagen group, told employees two weeks ago that the figure is 1 percent for the million cars the group has produced which are in circulation. “This percentage, we want to reduce to zero by 2050,” he said at company headquarters in Wolfsburg. Trying to restore its image This disclosure comes as Volkswagen […]