News & Events
RENAULT GROUP PLACES ITS ENVIRONMENTAL AND SOCIETAL STRATEGY AT THE HEART OF PERFORMANCE
- May 14, 2021
- Posted by: Ion Cimpoeru
- Category: News
The ecological transition as an integral part of the whole value chain
In addition to commitments made on vehicle electrification, with electric vehicles accounting for 65% of sales by 2025, and 90% in 2030 for the Renault brand in Europe, the Group aims to achieve carbon neutrality in Europe in 2040 and worldwide in 2050.
Since 2005, the Group has been committed to reducing the environmental footprint of its vehicles throughout their entire life cycle and is ramping up efforts to become carbon free with measurable targets for 2025 and 2030. New ecological transition initiatives include:
The Group commits to reducing its procurement carbon footprint by focusing efforts on six components (steel, aluminum, polymers, electronics, tires, and glass) that currently account for 90% of the procurement carbon footprint. Carbon pricing will be put in place to encourage the entire ecosystem to produce more sustainably. By 2030, the Group is aiming to reduce the carbon footprint associated with its purchases by 30% (as CO2 per kg of material).
Assembled in France with carbon free energy, the 2025 roll out of the R5 will include more sustainable batteries that boast a reduced carbon footprint of at least 20% (compared to ZOE in 2020). Beyond this one target, the Group is working to secure a responsible and sustainable supply of minerals. This parallels the partnership with Veolia and Solvay for the recycling of metals found in batteries in a closed loop (cobalt, nickel, lithium, etc.).
On the manufacturing side, the Group aims to reduce emissions from facilities by 50% worldwide (compared to 2019). To reach this target, the company will invest €20 million in its industrial facilities, thereby generating up to €90 million in savings, through reduced energy bills and avoided penalties for excess emissions. Electro-Northpole facilities will be carbon neutral by 2025, with remaining facilities in Europe following suit by 2030.
Vehicle dismantling and part recycling – including batteries – at the Re-Factory in Flins and Renault Environment subsidiaries will generate more than €1 billion in sales by 2030.