Volvo’s Environment Prize Winner Puts a Price Tag on Nature
Volvo’s Environment Prize Winner Puts a Price Tag on Nature Business Wire GÖTEBORG, Sweden -- November 20, 2012 Regulatory News: Volvo (STO:VOLVA) (STO:VOLVB): Gretchen Daily, professor at Stanford University in California, is convinced that the only way to generate welfare in the long term is to put a price tag on the ecosystem. “If we don’t the destruction of our natural capital will simply continue,” says Gretchen Daily who today receives the Volvo Environment Prize for 2012. The Volvo Environment Prize is awarded every year to people who have made outstanding scientific discoveries in the environmental and sustainability fields. The award, which is being given today at a ceremony in Stockholm, goes this year to Gretchen Daily who is regarded as one of the pioneers in the drive to chart and quantify the world’s natural capital. Gretchen Daily is a professor of environmental science at Stanford University in California, where her research group is currently developing methods for valuing nature’s various ecosystem services. She has published more than 200 scientific articles and texts in the popular science genre. Gretchen Daily is currently in Sweden to receive the 2012 Volvo Environment Prize. The award consists of a diploma, a glass sculpture and a sum of 1.5 million kronor. Read more on http://www.environment-prize.com/ November 20, 2012 Journalists requiring additional information are requested to contact Malin Ripa, Director Public Affairs AB Volvo, +46 31 661161 or +46 739 020160. For more stories from the Volvo Group, please visit http://www.volvogroup.com/globalnews. The Volvo Group is one of the world’s leading manufacturers of trucks, buses and construction equipment, and drive systems for marine and industrial applications. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 115,000 people, has production facilities in 20 countries and sells its products in more than 190 markets. In 2011, annual sales of the Volvo Group amounted to about SEK 310 billion. The Volvo Group is a publicly-held company headquartered in Göteborg, Sweden. Volvo shares are listed on OMX Nordic Exchange Stockholm. For more information, please visit www.volvogroup.com or www.volvogroup.mobi if you are using your mobile phone. This information was brought to you by Cision http://www.cisionwire.com Contact: Malin Ripa Director Public Affairs AB Volvo +46 31 661161 or +46 739 020160.