- Volkswagen Group UK
- Volkswagen Group
- Silver Carbon Literate Organisation
- Carbon Literacy Project
- Sustainability
Volkswagen Group UK Named Silver Carbon Literate Organisation
- By MT Bureau
- March 22, 2025
Volkswagen Group UK has been recognised by The Carbon Literacy Project as a Silver Carbon Literate Organisation (CLO) for its unwavering dedication to lower its carbon emissions, address climate change and striving for a zero-carbon future.
A company is considered a CLO if it has been certified by The Carbon Literacy Project to have a significant percentage of its employees who are ‘Carbon Literate’ and exhibit this competency via organisational behaviour. The Bronze, Silver, Gold, and Platinum levels of CLO certification is a tiered system that demands ever greater degrees of dedication to climate change action and the development of a low-carbon culture. Under the direction of Leanne Thomas, Head of Aftersales Business Development, the Volkswagen Group has been offering voluntary Carbon Literacy training since 2022, and more than 200 workers have earned the certification. The Group offers its staff a customized Automotive Carbon Literacy curriculum.
Participants in the one-day training programme gain knowledge of the science behind climate change, its effects, ways to mitigate it and how the automotive sector is influencing it. Participants must also make a personal and professional commitment that is documented and supervised in order to receive their Carbon Literate credential. Individuals have personally undertaken a wide range of commitments, such as switching energy providers, altering eating and travel patterns, cutting less on fast fashion and moving many items to more environmentally friendly suppliers. Several teams have also started improvements in the workplace. These include installing solar panels, electrifying the vehicles, using more HVO fuels and LED lighting, reducing the number of printed documents in network and doing away with single-use cups.
Dave Coleman, Co-Founder and Managing Director, The Carbon Literacy Project, said, “Carbon Literacy is an essential skill, vital to every workplace, community and place of study. It is foundational knowledge and a catalyst to empowering people to act on climate, but it is only the first step. The actions taken and pledged by learners as part of their Carbon Literacy have an immediate impact within their organisation; however, it is the maintenance of these and further actions, supported by Carbon Literate organisational culture, that reaps the greatest rewards for both participants and their organisations. By becoming a Silver accredited Carbon Literate Organisation, Volkswagen Group UK has demonstrated its commitment to genuine low carbon action, environmental and economic impact and the building of a low carbon future for us all.”
Thomas said: “I am delighted that Volkswagen Group has achieved Silver accreditation, and to see the growing interest, engagement and excitement around the topic. Having support from members of our board of management has really helped us to move this forward, especially in allowing colleagues time and ‘permission’ to take part and then to fulfil their pledges. We’re really proud of the accreditation but even more proud of the changes we’re making and the impact it’s having on our carbon footprint. We’re looking forward to continuing to do more and grateful for the guidance and support of the Carbon Literacy Project team.”
Stellantis Hosts 300 Partners At European Supplier Convention In Paris
- By MT Bureau
- July 03, 2026
European automotive Group Stellantis recently hosted 300 suppliers in Paris to discuss its faSTLAne 2030 strategy. The convention included supplier partners, regional leadership and global purchasing executives, focusing on collaboration and execution for the European market.
The event outlined the company’s vision for growth and product renewal. Leaders stressed that achieving these goals requires accountability across the value chain.
Emanuele Cappellano, COO for Enlarged Europe & European Brands and Head of Stellantis Pro One, said, "Europe is entering a pivotal period as we execute our long-term strategy and bring an exciting wave of products and technologies to market. Success depends on our ability to execute together. Our suppliers are essential partners in that journey, helping us deliver the quality, innovation, and competitiveness our customers expect. By working as one team, we can strengthen our performance and position Stellantis for long-term success in Europe."
A recurring theme was the necessity of collaboration and communication between Stellantis and its supply base to support product launches and operations.
Monica Genovese, Chief Purchasing Officer, Stellantis, said, "Creating value starts with strong partnerships. Our suppliers are critical contributors to every vehicle, every launch, and every customer experience. We are committed to being a Customer of Choice by strengthening engagement, listening to feedback, and working together to solve challenges. The path to achieving our objectives is built on trust, accountability, and a shared commitment to execution."
Quality was identified as a core component of the business strategy, with leaders noting that suppliers influence the customer experience from production to long-term reliability.
Stephane Dubs, Senior Vice-President, Purchasing, Enlarged Europe, Stellantis, said, "Quality is a shared commitment across our entire ecosystem; it is not the responsibility of only one team or one organisation. Every decision we make impacts the customer experience. Together with our suppliers, we must continue to raise the bar on cost competitiveness, quality, responsiveness and execution to strengthen customer loyalty and ensure the success of our brands."
The convention offered suppliers direct access to the company’s purchasing teams to align on future priorities.
Cars24 Eliminates Hierarchy With New Flatland Operating Model
- By MT Bureau
- July 03, 2026
Cars24, one of the leading vehicle buying and selling marketplaces, has removed its traditional levels, grades and job titles, replacing them with a structure called ‘Flatland’. Under this model, all employees share the title of ‘Builder’, shifting the focus from organisational rank to the problems they own and the outcomes they produce.
The company stated that this change is a response to the impact of AI on organisational structure. By removing hierarchy, Cars24 aims to improve decision-making and coordination.
Vikram Chopra, Builder at Cars24, said, “Hierarchy was one of humanity's greatest inventions. It helped organisations scale when information was scarce. AI fundamentally changes that equation. Today, intelligence and context are increasingly available to everyone. The role of an organisation is no longer to move decisions up and down layers. It's to help exceptional people solve exceptional problems together. Flatland is our attempt to build an organisation for that reality.”
Under Flatland, leadership is defined by execution and customer impact rather than position. Policies regarding benefits and assets are no longer linked to rank but to role requirements and universal benefits.
The company reports that it has tested this model over the past 18 months, resulting in a 50 percent YoY increase in revenue per employee in the second half of FY2026 and a contribution of nearly 300 basis points to EBITDA. Cars24 currently operates in India, the UAE and Australia, and reports reaching global profitability this year.
“We don't believe removing titles automatically creates a great culture. Culture comes from behaviour. Flatland simply removes the shortcuts that let people mistake position for contribution. We want the person closest to the problem to feel empowered to solve it regardless of where they joined or how long they've been here,” concluded Chopra.
BASF Completes Coatings Transaction With Carlyle, Relaunches As Surventis
- By MT Bureau
- July 02, 2026
Germany-headquartered world’s largest chemical producer BASF has completed the transaction with Carlyle involving its coatings business, which now operates as Surventis.
The deal, which reached an enterprise value of EUR 7.7 billion, concluded on 30 June 2026 following regulatory approval with BASF receiving pre-tax cash proceeds of approximately EUR 5.8 billion.
Under the terms of the agreement, BASF retains a 40 percent equity stake in Surventis, which includes the automotive OEM coatings, automotive refinish coatings and surface treatment operations. This transaction, combined with the divestiture of the decorative paints business in 2025, values the former Coatings division at EUR 8.7 billion.
Dr. Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE, said, “This successful closing marks a key milestone in the execution of our Winning Ways strategy aimed at unlocking the value of our standalone businesses. By holding a 40 percent equity stake, we will continue to participate in the future value creation of the coatings business while sharpening BASF’s strategic focus.”
Anup Kothari, Member of the Board of Executive Directors, BASF SE, added, “We are convinced that the new ownership structure provides an excellent foundation for future profitable growth of Surventis. We wish the former BASF Coatings employees every success as they move forward into their future as an independent company.”
BASF has accounted for the coatings business as discontinued operations since September 2025. From July 2026, the 40 percent stake in Surventis will be treated as a financial investment accounted for using the equity method.
Tata Technologies, Tenneco Expand Strategic Partnership, New $100M Investment Committed
- By MT Bureau
- July 02, 2026
Pune-headquartered global product engineering and digital services company Tata Technologies and automotive component supplier Tenneco have signed an agreement to expand their partnership, committing to technical development and digital innovation.
The collaboration, which began in 2021, is based at Tata Technologies’ Global Engineering Center in Pune. It focuses on product development and operations through the use of engineering, digital technologies, and AI.
The agreement was signed by Jon Bagrosky, Chief Administrative Officer of Tenneco, and Warren Harris, CEO and Managing Director of Tata Technologies.
As part of the understanding, Tenneco plans to invest over USD 100 million in this engagement over the next five years.
Jon Bagrosky, said, “This next phase builds on the strong foundation we’ve established with Tata Technologies and reflects the continued importance of India as a strategic growth region for Tenneco. By expanding this partnership, we are strengthening the capabilities, scale and agility needed to support our customers, respond to evolving market needs and deliver long-term value across our global business.”
Warren Harris, said, “Tenneco has been a valued strategic partner, and this expanded engagement reflects the strength of our shared commitment. As Tenneco accelerates its mobility transformation journey, we are proud to bring together deep domain expertise, digital capabilities, and business transformation experience to support Tenneco’s global growth agenda.”

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