Renault Group B.V., commonly known as Renault, is a prominent player in the automotive industry, headquartered in the Netherlands (NL). Founded in 1899, the company has evolved significantly, establishing a strong presence in Europe, Asia, and South America. Renault is renowned for its innovative approach to electric vehicles and sustainable mobility solutions, offering a diverse range of cars, vans, and electric models that stand out for their design and efficiency. With a commitment to quality and cutting-edge technology, Renault has achieved notable milestones, including partnerships within the Renault-Nissan-Mitsubishi Alliance. This collaboration has solidified its market position, making Renault a key contributor to the global automotive landscape. The company continues to lead in the development of eco-friendly vehicles, reflecting its dedication to a sustainable future.
How does Renault Group B.V.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Renault Group B.V.'s score of 53 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Renault Group B.V. reported total carbon emissions of approximately 108,000,000,000 kg CO2e. This figure includes Scope 1 emissions of about 400,000,000 kg CO2e, Scope 2 emissions of around 300,000,000 kg CO2e, and a significant contribution from Scope 3 emissions, which total approximately 107,400,000,000 kg CO2e. Notably, the Scope 3 emissions encompass various categories, including 83,900,000,000 kg CO2e from the use of sold products and 16,300,000,000 kg CO2e from purchased goods and services. Renault Group B.V. is part of a corporate family relationship with Renault SA, which influences its climate commitments and emissions data. However, there are currently no specific reduction targets or initiatives disclosed by Renault Group B.V. or cascaded from Renault SA. The absence of documented reduction targets suggests a need for further commitment to climate action within the automotive sector. The company has disclosed emissions data for multiple years, but the most recent comprehensive data is from 2024. Previous years, such as 2023, 2022, and 2021, do not contain specific emissions figures, indicating a potential gap in reporting or data availability. Overall, Renault Group B.V. faces the challenge of addressing its substantial carbon footprint while aligning with industry standards for climate action and transparency.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2024 | |
|---|---|---|---|
| Scope 1 | 609,028,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 576,820,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 000,000,000,000 |
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 78% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Renault Group B.V. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.