Renault Group B.V.
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Renault Group B.V.'s score of 37 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Renault Group B.V.'s reported carbon emissions
In 2020, Renault Group B.V. reported total carbon emissions of approximately 950,105,000 kg CO2e, with Scope 1 emissions at about 444,436,000 kg CO2e, Scope 2 emissions also at approximately 950,105,000 kg CO2e, and Scope 3 emissions reaching around 1,200,000,000 kg CO2e. The company has shown a slight decrease in emissions from 2019, where total emissions were about 1,212,351,000 kg CO2e. Renault's carbon footprint per vehicle sold has been on a downward trend, with figures reported as follows: 31,500 kg CO2e in 2015, 31,100 kg CO2e in 2018, and 28,500 kg CO2e in 2022. This indicates a commitment to reducing the carbon intensity of their vehicle production. Despite these efforts, Renault Group has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges. The absence of defined reduction targets suggests a need for more structured commitments to address their overall carbon emissions effectively.
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| 2019 | 2020 | |
|---|---|---|
| Scope 1 | 576,820,000 | 000,000,000 |
| Scope 2 | 1,212,351,000 | 000,000,000 |
| Scope 3 | 1,400,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Renault Group B.V. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
