Renault Group

Climate Impact & Sustainability Data (2020, 2022)

Reporting Period: 2020

Environmental Metrics

Renewable Energy Share:20.3% (2020)

ESG Focus Areas

Climate Change

Environmental Achievements

More than 86,000 tons of CO2 emissions were avoided in 2020 at the Tangier plant due to renewable energy use.
Achieved European Union target for passenger cars (95g CO2/km) in 2020.
First carmaker to integrate circular economy into its entire value chain in 2005.
Top 3 in terms of factory CO2e emissions per vehicle produced (internal source).

Social Achievements

Launched Mobilize brand for new shared mobility and energy supply services in 2021.
European leader of electric car-sharing in Europe with more than 10,000 vehicles.

Governance Achievements

Created an Ethics and CSR Committee within the Board of Directors to reinforce climate governance.
First carmaker to obtain the validation of the SBTi (Science Based Targets initiative) for its climate pathway in 2019.
Executive compensation linked to meeting CO2 emissions reduction targets and environmental commitments.

Climate Goals & Targets

Long-term Goals:

Achieve carbon neutrality in Europe by 2040 and worldwide by 2050.

Medium-term Goals:

Increase the share of renewables in total electricity consumption at Group sites to 70% by 2030.
Achieve neutrality (net zero emissions) at all sites in Europe by 2030.
Reduce CO2e emissions per vehicle in Europe by 65% by 2030.
Reduce CO2e emissions per vehicle worldwide by 35% by 2030.
Reuse strategic materials (Co, Ni, Li) from the recycling industry in new batteries by 80% by 2030.
Increase the share of recycled materials in new vehicles to 33% by 2030.
Increase revenues from circular economy activities to > €1 billion by 2030.

Short-term Goals:

Reduce the carbon intensity of Renault Group sites per vehicle by 50% by 2025.
Reduce CO2e emissions per vehicle in Europe by 35% by 2025.
Reduce CO2e emissions per vehicle worldwide by 20% by 2025.
Reduce the ratio of CO2e emissions per kg of materials by 30% by 2025.
Reduce greenhouse gas emissions from battery manufacturing by 20% (ZOE) by 2025.
Reduce well-to-wheel CO2e emissions from logistics activities by 30% per vehicle by 2025.

Environmental Challenges

Regulatory and compliance risks related to constantly updating CO2 emission regulations.
Technology risks related to the market's expectations and pace of growth for new technologies.
Risks related to market changes and consumer behavior shifts.
Reputational risks related to environmental issues and brand image.
Workforce risks related to the need for updated know-how and skills.
Extreme weather events disrupting production and logistics.
Resource scarcity impacting the automotive industry.
Structural geographic and geopolitical changes impacting global operations.
Spread of diseases impacting sales and manufacturing.

Mitigation Strategies

Developed a CAFE Control Tower to monitor CO2 emissions and adjust roadmap.
Investing in R&D for low-emission vehicles, powertrains, and batteries.
Creating an "Electro pole" in northern France for electric vehicle production.
Launching Mobilize brand for sustainable mobility services.
Developing the Re-Factory in Flins for circular economy initiatives.
Implementing an internal carbon pricing (ICP) mechanism.
Using life cycle assessments (LCA) to evaluate GHG emissions.
Establishing a comprehensive risk management system for the supply chain.

Supply Chain Management

Responsible Procurement

Collaboration with suppliers to reduce carbon footprint of battery production.
33% of all new vehicles worldwide to be made with 33% recycled materials by 2030.

Climate-Related Risks & Opportunities

Physical Risks

Extreme weather events
Resource scarcity
Structural geographic and geopolitical changes
Spread of diseases

Transition Risks

Regulatory and compliance risks
Technology risks
Market changes
Reputational risks
Workforce risks

Opportunities

Developing new products and services
Building up the circular economy
Producing energy for own use at sites
Strengthening reputation as a climate change leader

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 14001

Third-party Assurance: KPMG (reasonable assurance on Scope 1 and 2 emissions)

UN Sustainable Development Goals

Goal 7 (Affordable and Clean Energy)
Goal 13 (Climate Action)

Initiatives contribute to reducing greenhouse gas emissions and promoting renewable energy.

Sustainable Products & Innovation

Electric vehicles (ZOE, KANGOO Z.E., MASTER Z.E., TWINGO Z.E., Dacia SPRING)
Hybrid vehicles (E-TECH Hybrid, E-TECH Plug-in Hybrid)
Hydrogen fuel cell light commercial vehicles

Awards & Recognition

EVE Trophy by ADEME for reducing CO2 emissions from transportation (2019)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed

Scope 1 Emissions:Not disclosed

Scope 2 Emissions:Not disclosed

Scope 3 Emissions:Not disclosed

Renewable Energy Share:50%

Total Energy Consumption:Not disclosed

Water Consumption:Not disclosed

Waste Generated:Not disclosed

Carbon Intensity:Not disclosed