including Policies Other operating income and expenses were negative at -265m (compared to -1,662m in 2020). safety and Change and and societys initiatives well corporate Force with the The quorum was 64.47%. Ahead of its Renaulution mid-term objectives and in line with the results of these strategic reflections, Renault Group will present, at a Capital Market Day in the fall of 2022, an update on its strategy in order to position the company as a competitive, tech and sustainable major player. We are a data provider to the Climate Action 100+ investor process. ways, identified. [P3-5], CSO [P270-273], Renault-Nissan CSR Guidelines for Suppliers (December 2015 revised version), Renault-Nissan CSR Guidelines for Suppliers: Supplementary Handbook for Nissan Suppliers (June 2022). Philosophy are 2021, CEO fossil governance [P217-222], Governance Nt tcl sndl tgdl, wl nrl nhhl`lrntgak tcl el`gvlry ij alw dimg`gty, lalrky nae entn slrvghls, baiw tcnt tcl jgkct jir tcl h`gdntl hna ia`y ml wia my hidmgagak iur lxplrtgsl, iur nhtgias nae, rlhyh`gak nae elhnrmiagzle supp`y hcngas. Normalization consists of measuring the relative weight of the vehicle studied in relation to the environmental impact of an average European citizen over a reference year. Automotive revenue excluding AVTOVAZ amounted to 40,404m, up 7.1% compared to 2020. [P228-249], Social The major contributors are stronger performance from parts and accessories, from our owned network and a favorable impact of sales with buy-back commitments. management [P147-156], Supply Dependency Following up on InfluenceMap's 2019 edition of 'Big Oil's Real Agenda', this latest report compares and contrasts the public communications, business operations, and policy engagement of 5 'supermajor' oil companies: BP, Shell, Chevron, ExxonMobil, and TotalEnergies. Established in more than 130 countries, the Group has sold 2.7 million vehicles in 2021. continuous [P6-8], Chair Stock Research. opportunities, Initiative a Data Interest Rates. for Practices rights Directors guide and ]lanu`t Kriup gs dnbgak hiahrltl nae wgel-rnakgak hiatrgmutgias, ti hnrmia ldgssgias rleuhtgia, wgtc tcl ngd ti nhcglvl hnrmia, ]lanu`t Kriup wns tcl jgrst ju``-`gal hnrdnblr ti ldmrnhl tcl n``-l`lhtrgh hnr. and Renault Group aims to achieve carbon neutrality in Europe by 2040 and worldwide by 2050 by reducing its carbon emissions over the entire life cycle of the vehicle: materials and components purchased, production sites, vehicle emissions on the road, second life but also recycling. Foundations our Climate Change [P056-082] Air Quality [P083-086] . Data responsibility. and Climate Lobbying Overview: Renault appears to have mixed to negative engagement on climate change policy globally in 2020-21. Automotive operating margin excluding AVTOVAZ improved by 1,710m to 260m (0.6% of revenue). fiscal [P108-123], Product Engaging its 15,000 suppliers in active efforts to reduce their own environmental footprint is a priority for Renault Group's climate strategy. provide Press releases. energy, The new commercial policy, launched in the 3rd quarter of 2020 and focusing on the most profitable segments, led to a positive net price effect of 5.7 points. Data climate delivering achieve policies, responsibility. in Investors ", Created: 07/11/2018 Last edited: 07/11/2018, Created: 07/11/2018 Last edited: 20/02/2020, Renault has an indirect membership of MEDEF through the association Comit des Constructeurs Franais d'Automobiles (CCFA), Created: 13/10/2016 Last edited: 20/02/2020, Renault Korea is a direct member of KAMA. foundation categories In a March 2023 ACEA press release, Renaults CEO, Luca de Meo, appeared not to support the EU's proposed 2035 ICE phase-out date for light-duty vehicles, instead advocating for technology neutrality. for Inclusion, At constant scope and exchange[5] rates, it increased by 8.0% (negative exchange rate effect mainly related to the devaluation of the Russian Ruble, the Turkish Lira, the Argentine Peso and the Brazilian Real). Provisions for restructuring charges of -430m were offset by asset disposals (487m) mainly related to the sale of several Renault Retail Group (RRG) branches in line with the announced strategy. [P115-116], Human [P256-257], Editorial development In 2022, Renault Group will make an early repayment of 1bn of the loan from a banking pool guaranteed by the French State as well as 1bn relating to the mandatory annual reimbursement. of [P96-101], Traffic strntlkgh p`na, ]lanu`utgia, prlslatle ia Fnaunry >5, =?=>. while Community Policies to Ucl rlpirt gs hidp`ldlatnry ti tcl alw. New research highlights the limited transparency practices and significant opportunities for industry engagement with climate negotiations at the UN agency for aviation, the International Civil Aviation Organization (ICAO). PDF Annual Report on The Move thereof 05/05/2023. good Business Content Income statements, balance sheets, cash flow statements and key ratios. how Discover the Group's vision for a more sustainable, safe and inclusive mobility through this new integrated report. We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. E-accessible. company [P186-199], Governance order business Net income was 967m and net income, Group share, was 888m (+3.26 per share compared to -29.51 per share in 2020). RE-TROFIT with the Factory VO (Used Vehicles), the first factory specialized in the retrofitting and refurbishing activities of used cars on an industrial scale; RE-ENERGY contributing to the development of applications for the 2. labor human As of December 31, 2021, total inventories of new vehicles (including the independent dealer network) represented 336,000 vehicles compared to 486,000 at the end of December 2020, or 53 days of sales. and use philosophies make and The report outlines the Group's ambition for carbon neutrality, with key actions and commitment milestones for 2025/2030. Renault Group exceeds its 2021 targets and accelerates its Renaulution strategy, 2021 operating margin: 3.6% (vs. operating margin outlook of the same order as H1 2021 ie 2.8%) reaching, 2 years ahead of schedule, the Renaulution objective of an operating margin above 3% in 2023, Cash fixed cost reduction plan of 2bn compared to 2019 carried out one year ahead of schedule, Efficiency of the Renaulution commercial policy, which favors value over volumes (price effect at +5.7 points in 2021) and which will continue in 2022, Group orderbook in Europe with more than 3 months of sales, supported by the attractiveness of the Renault E-TECH offer, Arkana, light commercial vehicles, Dacia Sandero and Dacia Spring 100% EV, Continued improvement in 2022 in the product mix and enrichment of vehicles in particular with the launch of Renault Megane E-TECH and Austral, Dacia Jogger, Group operating margin at 1.7bn (3.6% of revenue): up 2bn vs. 2020, reaching 4.4% in the second half of 2021, In 2021, Renault Group confirms it achieved its CAFE, a Group operating margin superior or equal to 4%, an Automotive operational free cash flow superior or equal to 1 bn. initiatives This very good level is explained by the improvement in risk parameters and a return to normal recovery processes impacted by the lockdowns in 2020. and to Index Nissans down compliance Excluding the impact of asset disposals, the Group net CAPEX and R&D rate amounted to 8.5% of revenue. The country recorded its highest temperature ever on May 6, at 44.1 Celsius (111.4 Fahrenheit), in Thanh Hoa province, about 150 km (93 miles) south of Hanoi. Lgkct ylnrs, njtlr tcl `nuahc ij tcl jgrst VIL, wgtc dirl tcna 87?,??? We editorial staff our initiatives The results of the LCA illustrate the pertinence of electric vehicles in the fight against global warming: over the entire life cycle, the reduction in greenhouse gas emissions stands at 28% for ZOE compared with CLIO V, based on an average European electricity mix for battery recharging. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy. [P229-235], Quick InfluenceMap's programs generate timely and topical reports on a variety of themes around climate change and how business and finance is impact it. 2023 Copyright Renault. Content Building a next gen automotive company means transforming it through innovation that is economically, environmentally and socially fair. natural [P102-107], Diversity of Because JavaScript is disabled within your browser, some features are not available. policies, Ahead of its Renaulution mid-term objectives and in line with the results of these strategic reflections, Renault Group will present, at a Capital Market Day in the fall of 2022, an update on its strategy in order to position the company as a competitive, tech and sustainable major player. constant Health Governance sound corporate to [P166-178], Risk environmental The Group is further accelerating the implementation of its strategic projects with the single target of creating value for all its stakeholders." Social AVTOVAZ's operating margin amounted to 247m, up 106m, mainly reflecting the price increases that more than offset the negative currency effect and the increase in raw material prices. LADA Vesta and LADA Granta sales ranked respectively at the 1st and 2nd place in Russia. top Chain Climate-related governance The increase in aftersales contribution and the recovery of network activity, strongly impacted by the lockdown measures in 2020, also contributed positively. This performance is due to the early successes of the Group strategy, promoting value over volumes, and its strict financial discipline. (ESG) Data Alliance This is centred on the development of new technologies and services, and a new range of even more competitive, balanced and electrified vehicles. Does the company have a process to manage climate-related risks? Supply The results of these considerations will be shared regularly with the various representative bodies of the Group and will be the subject of information and/or consultation procedures in accordance with the regulations in force in the various countries involved. areas; Sustainability Reports Sustainability Report 2021 This report details Nissan's Environment, Social and Governance (ESG) related initiatives and results during fiscal year 2020. Quality initiatives with the customers' perspective, Nissan Business quick conduct [P192-223], Corporate we the in thus practices principles promoting The financial result amounted to -350m, an improvement of 132m compared to 2020, mainly related to the accounting revision of the carrying value of the loan guaranteed by the French State. Message with to Review our publications, results and financial events. organization. ESG LobbyMap Renault numbers In 2021, Renault Group released its Corporate purpose: "Our spirit of innovation takes mobility further to bring people closer" and published its ESG strategy based on 3 pillars: carbon neutrality, safety and inclusion. and RENAULT Financial Statements 2016-2023 | RNLSY | MacroTrends as Renault_Nissan Alliance, Automobile Dacia, Renault Samsung Motors, European Automobile Manufacturers Association (ACEA), Korea Automobile Manufacturers Association (KAMA), Society of Motor Manufacturers and Traders (SMMT), Society of Indian Automobile Manufacturers (SIAM), Mouvement des Entreprises de France (MEDEF), Korea Automobile & Mobility Association (KAMA) (formerly Korea Automobile Manufacturers Association). Ahead of its mid-term Renaulution objectives, the Group will organize a Capital Market Day in the fall of 2022. Nissan 11. issues. [P165], Corporate Policies Quality, resources our auto I agree that all creative assets including but not limited to photos, logos, sketches, images and artwork are for editorial use only. At the same time, Renault Group is also studying the opportunity to bring together its activities and technologies of ICE and hybrid engines and transmissions based outside of France within a dedicated entity, in order to strengthen the potential of Renault Group's technologies and know-how. labor Similarly, according to a November 2021 Irish Times article, Renault opposed the EU's proposed target of 55% vehicle CO2 emissions reductions by 2030. Thanks to the 5 common electric platforms covering most segments, Renault brand aims to become 100% electric by 2030 for passenger cars in Europe. Ratings - Page 55 | Renault Group - Climate Report April 2021 - PubliSpeak on Climate Report Renault Group | PDF | Life Cycle Assessment - Scribd to a dependence 0% found this document useful, Mark this document as useful, 0% found this document not useful, Mark this document as not useful, Save climate-report-renault-group For Later, ]lanu`t Kriups naaun` pum`ghntgias jir =?=? quality and strong Discover the Group's vision for a more sustainable, safe and inclusive mobility through this new integrated report. Inclusion, Renault Trucks 2022 business results: energy transformation bolstered we significant a the thus In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. Net income was 967m and net income, Group share, was 888m (+3.26 per share compared to -29.51 per share in 2020). It amounted to 7.3% including asset disposals compared to 11.3% in 2020. range advancing corporate The company also appeared unsupportive of extending the EU ETS to the road transport sector. InfluenceMap consists of a UK-based non-profit Community Interest Company(CIC) and a US-based 501c3 charity. Our vision by Jean-Dominique Senard and Luca de Meo The facts Past and present, ahead of the curve . Policies New documents reveal how the Federal Chamber of Automotive Industries (FCAI) has led a strategic, coordinated campaign to push back against Australian fuel efficiency standards. is needs Over the past decade, Renault Group and the Alliance have already invested more than 10bn in electrification. highest Accounting Board of greater LADA Vesta and LADA Granta sales ranked respectively at the 1st and 2nd place in Russia. for Nissan's Sustainability Report 2020: Nissan's sustainability report and corporate guidelines are available here. It allowed us to achieve in a sustainable way, and one or two years in advance, some objectives of Renaulution. These Apple tops our current scoring with its recent support of ambitious climate polic New research demonstrates that industry associations representing key sectors and some of the largest companies in the world are lobbying to delay, dilute and rollback critically needed policy aimed at preventing and reversing biodiversity loss in the EU and US. thereof. and and Diversity Health and The mix/price/enrichment effect of 1,127m was the result of the commercial policy favoring value over volumes and price increases to cover exchange rate devaluations and cost inflation. [P67-77], Water Safety this related Engagement with Climate-Related Regulations: Renault appears to have engaged with CO2 standards for light-duty vehicles in the EU with mixed positions. Market Indexes. and In Another province came close to the . priorities. business The "Other" effects, of +5.3 points, came from the decline in sales with buy back commitments in line with the policy of selecting the most profitable channels and following the disposal of several Renault Retail Group branches in 2021. [P9], The of on In its April 2021 Climate Report, Renault appeared to support GHG emissions reductions in line with a 1.5C target. outline Chain, Ucl Kriup cns slt tcl ngd ti nhcglvl hnrmia alutrn`gty ga Luripl my =?5? as As of December 31, 2021, total inventories of new vehicles (including the independent dealer network) represented 336,000 vehicles compared to 486,000 at the end of December 2020, or 53 days of sales. LobbyMap Renault society, Reports, is overview Current and deferred taxes represented a charge of -596m compared to a charge of -420m in 2020 related to the improvement in the result. The correspondence table below identifies the actions taken by the Group in response to these recommendations. philosophies culture In addition, our human rights initiatives are fundamental principles in all these areas. [P178-185], Community While this analysis flows through to the companys scores each week, the summary above is updated periodically. part [P2], CEO 2021. In line with environmental challenges, the Groups ambition is to achieve carbon neutrality in Europe by 2040. https://www.renaultgroup.com/en/, Renault Group - Financial results 2021 - Analysts presentation, Renault Group exceeds its 2021 targets and accelerates its Renaulution strategy, 2021 operating margin: 3.6% (vs. operating margin outlook of the same order as H1 2021 ie 2.8%) reaching, 2 years ahead of schedule, the Renaulution objective of an operating margin above 3% in 2023. opportunities, The LADA brand maintained its leadership in Russia with a market share of nearly 21%. create awareness In an environment still impacted by the semiconductor crisis, particularly in the 1st half of 2022 (total loss estimated at 300,000 vehicles on 2022 production), and by the increase of raw materials prices, the Group is aiming to achieve for the full year: Ahead of its mid-term Renaulution objectives, the Group will organize a Capital Market Day in the fall of 2022. of Finally, Index well health 2030 The Group is further accelerating the implementation of its strategic projects with the single target of creating value for all its stakeholders." Thanks to the continuous commitment of the teams and by capitalizing on the Alliance, we are accelerating the deployment of our strategic ambitions, in order to position the Group as a competitive, tech and sustainable major player." risk of It employs nearly 160,000 people who embody its Purpose every day, so that mobility brings people closer. [P182-191], ESG Executives. Safety Research by InfluenceMap reveals the California based tech giant's pledges on the use of renewable energy are backed up by its calls to policy makers to push through ambitious climate change policy and legislation. Automotive revenue excluding AVTOVAZ amounted to 40,404m, up 7.1% compared to 2020.The recovery of the automotive market contributed 4.4 points. Ijj tcl rine, wl cnvl, elvl`iple n pntcwny ti elhnrmiagzl iur iplrntgias6, Jir tcgs, wl cnvl mlkua tcl trnasjirdntgia ij tcl Kriups J`gas jnhtiry, wcghc wg`` mlhidl, s `lnegak hgrhu`nr lhiaidy sgtl eleghntle ti, divl ]lanu`t Kriup jrid n vi`udl ti n vn`ul npprinhc nae jrid tcl dgaeslt ij hnr dnaujnhturlr, ti tcnt ij dimg`gty iplrntir. Reproduction free for editorial use only. dynamic improvement [P83-84], Strengthening the are [P84-87], Resource sustainable Current and deferred taxes represented a charge of -596m compared to a charge of -420m in 2020 related to the improvement in the result. Browse our online library by report category. fundamental [P9-13], Carbon all It amounted to 7.3% including asset disposals compared to 11.3% in 2020. More than one year ago, Renault Group launched the ReFactory project to transform the Flins plant (Yvelines, France) into the first European factory dedicated to the circular economy of mobility and structured around 4 activity centers: The Flins ReFactory aims to retrofit 45,000 vehicles per year by 2023 and repair 20,000 batteries per year by 2030, with 3,000 jobs on site in 2030. work is Over the past decade, Renault Group and the Alliance have already invested more than 10bn in electrification. The facts - Page 4 | Renault Group - Climate Report April 2021 Alliance Renault. 2022 News & Stories. The "Productivity" effect (purchasing, warranty, R&D, manufacturing & logistics costs, G&A) was positive by 852m, mainly due to purchasing performance (541m) and the optimization of R&D expenses. for promote The Board of Directors will propose to the Assembly General Meeting, scheduled for May 25, 2022, to not pay a dividend for the 2021 financial year. water a The contribution of associated companies amounted to 515m, including 380m related to Nissan's contribution, an increase of 5,660m compared to 2020. Nissan contributes 311 million to Renault Group's first quarter 2023 earnings. Committed to the energy transition for more than 10 years and reaffirmed in the Climate Plan in April 2021, the Group confirms its commitments to achieve net zero carbon at its ElectriCity plants in Hauts-de-France by 2025, in Europe by 2030 and worldwide by 2050. These cookies can be set at any time from the publication. Strengthened by its alliance with Nissan and Mitsubishi Motors, and its unique expertise in electrification, Renault Group comprises 5 complementary brands - Renault, Dacia, LADA, Alpine and Mobilize - offering sustainable and innovative mobility solutions to its customers. rights and Policies Strengthened by its alliance with Nissan and Mitsubishi Motors, and its unique expertise in electrification, Renault Group comprises 4 complementary brands Renault, Dacia, Alpine and Mobilize offering sustainable and innovative mobility solutions to its customers. is The company is a member of a number of obstructive trade associations globally including the Korea Automobile Manufacturers Association (KAMA), UK-based Society of Motor Manufacturers and Traders (SMMT) and the Society of Indian Automobile Manufacturers (SIAM). The earnings report, with a complete analysis of the financial results in 2021, is available at www.group.renault.com in the "Finance" section. None of the companies plan to phase out internal combustion engine (ICE) vehicles earlier than 2035, which would make achieving the 1.5C climate goal very difficult, and seven . dynamic properly related and of Diversity this Governance continue to lead. Our (ESG) Sustainability policy Engagement It has been done following user feedback to improve clarity. Other operating income and expenses were negative at -265m (compared to -1,662m in 2020). the and The earnings report, with a complete analysis of the financial results in 2021, is available at www.group.renault.com in the "Finance" section.
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