Groupe Renault - 2019 Universal Registration Document
RENAULT: A RESPONSIBLE COMPANY
ANNUAL GENERAL MEETING OF RENAULT ON APRIL 24, 2020
GROUPE RENAULT
CORPORATE GOVERNANCE
FINANCIAL STATEMENTS
RENAULT AND ITS SHAREHOLDERS
ADDITIONAL INFORMATION
ENVIRONMENT
ENVIRONMENT 2.3
The ecological challenges 2.3.1 There is now a consensus on the magnitude of environmental challenges and the urgency of finding solutions. These challenges profoundly affect all economic activities and notably mobility. Beyond the expectations of the stakeholders regarding the transport sector, the ability of Groupe Renault to propose innovative solutions also provides new business opportunities and boosts competitiveness. The automotive industry needs to address major environmental issues: climate change related to greenhouse gas emissions, for which the P Paris COP 21 agreement has plotted an ambitious reduction path; resources, the limited availability of which implies changing P modes of production and use; health, a major concern (particularly in cities), which requires P reduction of pollutant emissions. To respond to these challenges, Groupe Renault specified the environmental component of its new strategic plan at the beginning of 2018. This is based on three enablers for transforming individual mobility, which are real drivers of competitiveness: the electric vehicle and services provided by batteries to the P energy sector, notably through their second life use and smart recharging systems which can accelerate the transition to renewable energies;
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the circular economy, for which the Group can rely on a complete P industrial ecosystem for recycling and remanufacturing and which constitutes, for the most strategic or critical materials, both a response to the environmental challenge and an economic asset; new electric mobility services, which are fully adapted to urban P travel plans, providing benefits by reducing congestion, improving air quality and the efficient use of resources. The Group is committed to reducing the environmental impact of its products throughout their life cycle, and from one generation to the next (see 2.3.2.A), and, through its strategic plan, aims to reduce the carbon footprint of its vehicles by 25% in 2022 compared to 2010. This voluntary and proactive effort is not just the result of Renault’s historical commitment to sustainable development benefiting the greatest number of people. Environmental performance has increasing financial implications and is a determining factor in the Company’s competitiveness, as demonstrated by the second pillar of Groupe Renault’s Environmental Policy approved by its Chairman and Chief Executive Officer in 2013.
ENVIRONMENTAL POLICY OF GROUPE RENAULT
Prevent and continuously reduce the environmental footprint and health impacts of our products, services and operations, integrating life cycle assessment and circular economy principles. Actively contribute to Groupe Renault competitiveness and to the protection of material and immaterial assets. Implement environmental management company-wide and across the value chain in order to ensure continuous improvement and compliance to regulations and to voluntary commitments.
Environmental management, transparent and responsible communication and stakeholders dialogue
Climate change & energy efficiency
PRIORITY AREAS FOR ACTION
Resources & competitive circular economy
Innovative mobility systems and services
Health and ecosystems
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GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2019
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