Increase the technical and economic value of parts and materials preserved in the automotive sector through the circular economy activities of the Group and its Renault

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Terms of the action or commitment

Environment subsidiary between 2016 and 2022, by €100 million, in particular:

Repair and refurbishment services and second-life use of electric vehicle batteries
Use of recycled materials from end-of-life vehicles and production scraps in the production of new vehicles
Use1. of refurbished parts to repair vehicles in the after-sales phase

Levers mobilized for circular economy (according to Ademe)

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Implementation timeline

Starting year

2017

Ending year

2020

Main actors mobilized

Internal actors

Renault Group : Strategic Environmental planning, EV Programs, Engineering

External actors

European commission, French ministry of environment, Second life battery partners, automotive suppliers, recycling partners.

Geographic area

Europe

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2022 follow-up of the action

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Date of follow-up

June 2022

Methods of validation of the follow-up

KPI published yearly in Renaut Group Universal Registration Document (until FY 2020 : see below)

Status of the action

In progress

Completed

a) Results

Achieved

Partially achieved

Not achieved

b) Numerical / Qualitative information

Cancelled

Partial / Final results

Since FY 2021, following the announcement of the new Renaulution strategic plan this KPI was replaced by a new KPI published in the Group’s Climate report (page 22) and Universal Registration Document (page 156): Develop revenues from circular economy activities to > 1Bn € by 2030. 

Company's others commitments :