Thursday, October 1, 2009

AUDI AG creates environmental foundation and unifies its worldwide environmental measures



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AUDI AG is bolstering its commitment to environmental protection. The Ingolstadt-based carmaker has established the Audi Environmental Foundation, which has an endowment of € 5 million. This foundation will focus exclusively on environmentally minded pursuits for the common good. Frank Dreves, Member of the Board of Management for Production of AUDI AG, will chair the board of trustees.

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“This foundation will unify our worldwide environmental-protection measures and its future projects will make a substantial contribution to sustainable corporate operations,” emphasizes Rupert Stadler, Chairman of the Board of Management of AUDI AG. “This foundation is a key milestone in the Audi environmental program and in our integral efficiency strategy.”

The foundation will strive to protect the natural livelihood of people, animals, and plants. Financial assistance will be allocated to measures and research activities which encourage the development of environmentally compatible non-automotive technologies. These measures will also promote environmental awareness and sustainable human/environment harmony. “Environmental protection doesn’t occur in a vacuum. Our corporate operations can be truly sustainable only if we collectively see the big picture via pioneering projects which we will initiate through our environmental foundation,” explains Frank Dreves, Member of the Board of Management for Production of AUDI AG, and chairman of the board of trustees.