Groupe Renault - 2019 Universal Registration Document
02
INCLUSION RENAULT: A RESPONSIBLE COMPANY
In addition to the specialist vehicles designed by Renault Tech, the Group has developed a software program for dealerships. The program provides them with in-depth knowledge of equipment and adapted vehicles for people with disabilities, enabling them to advise people with disabilities on their requirements. The Group is also an active partner of UK charity Motability, which provides mobility assistance for people with disabilities. Renault also has an 18-year partnership with Fédération Française Handisport (the French Disability Sports Federation), to which it
Rent garages qualify for this offer. In this way, 4,900 people were directed to this program in 2019, and nearly 15,000 since its launch. Furthermore, in 2018, in partnership with the Enterprise and Poverty Action Tank and several partner welfare providers (at-entreprise-pauvrete.org), Groupe Renault implemented a long-term lease scheme with purchase option linked to a micro-credit loan on its new passenger cars (Dacia SANDERO from €90 including tax per month) and light commercial vehicles (KANGOO from €145 including tax per month). These services are exclusively aimed at individuals who are not eligible for conventional loans. Diac (Groupe Renault’s finance provider for the Renault and Dacia brands) is a stakeholder in the scheme, which was offered to nearly 4,000 potential beneficiaries in 2019. Results obtained in 2019 show that the program is actually reaching its target: 97% of recipients of the LOA offer have household incomes below €1,500 net/month. These results also highlight a target market that encompasses more women, with 61% of recipients over the entire offer being female. For the LOA offer, this proportion is higher, with 68% women and 32% men. At the end of 2019, within the Renault network there were nearly 340 Garages Renault Solidaires across France. A dedicated website has been set up to enable a step change in the program and its social impact: https://mobilize.groupe.renault.com/ Financial investment in social businesses 2) A socially responsible investment company – Mobilize Invest – and company mutual investment fund (FCPE) Mobilize Invest s.a.s. has been offering funding and support since 2012 to innovative entrepreneurs developing mobility solutions for people in difficulty. Renault contributed €5 million to this company’s capital. Mobilize Invest is a certified “Solidarity and Social Utility Enterprise” company (ESUS). The capital provided by Renault is increased by contributions from the employee savings funds through the intermediary of the FCPE Renault Mobilize Solidaire (1) . The Management and Investment Committee (CDI) is the central governance body of Mobilize Invest s.a.s. The CDI is chaired by the Director of the Group’s Expert Leaders, an Expert Fellow and member of Renault’s Management Committee. It has 14 members, including one employee representative and two prominent external figures specialized in investment and social business. Mobilize Invest s.a.s. has already provided funding (capital or debt) for 14 projects, appointing Renault employees as mentors. The details of the companies supported can be found on the website https://mobilize.groupe.renault.com/ mobilize-invest. The companies supported by Mobilize Invest are asked to measure the social impact of their respective activities. A common framework of seven result and activity indicators, put together with HEC, was deployed in 2018. Nine companies have participated in the scheme to date, including the following three: Ecov is a social and solidarity economy start-up that develops P car-sharing solutions for short journeys in rural and suburban areas. 2,004 people benefited from their services in 2018, traveling over 43,700km using ecomobility solutions;
provides financial support and adapted vehicles. www.renault.fr/vehicules/mobilite-reduite.html.
Embracing inclusive mobility
2.4.5.2
solutions Although mobility is a key element for the social and professional inclusion of people, millions of them nevertheless remain limited every day in their travel. Penalized by financial, geographical and social hindrances, too many people have to give up a job or a training course quite simply because they cannot get there. As a major player in mobility, Groupe Renault therefore decided to act for more inclusive and socially-responsible mobility by setting up a social entrepreneurship program, which aims to favor the mobility of the most vulnerable. Initiated in 2010 and officially launched in France in July 2012, it is drawn up in cooperation with players in the social and cooperative economy, the academic world and the public sector. As such, it has formed partnerships to promote entrepreneurship and encourage inclusive mobility projects with Ticket for Change and the French government employment service, Pôle Emploi. With the aim of being implemented as widely as possible within the Company in France and in all the other countries where it is present, it is applied in three areas of intervention: Develop specific offers intended for vulnerable 1) people This concerns the development, with a viable entrepreneurial approach, of projects that have meaning for the employees of the Group, its customers and its partners, maximizing the social impact rather than the profit. Garages Renault Solidaires (GRS) The Garages Renault Solidaires (GRS) offers are intended to support people who need a car to work but who cannot afford the financial cost. Renault’s network of garages voluntarily helps low-income individuals identified by welfare providers (charities, mobility platforms, welfare organizations, employment partners, etc. ) by offering them servicing and repair work at cost price but maintaining Groupe Renault service quality. From this year, customers whose cars are at the garage for work can receive a free-of-charge replacement vehicle from Identicar (max. three days). Only Renault
At December 31, 2019, the Renault Mobilize Solidaire employee mutual fund (FCPE), created in 2015, had more than 6,590 subscriber (1) employees and €23.57 million in assets.
220 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2019
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