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Renault

Industry:automobile ISIN:FR0000131906 Country:FR CRR:B

Company Profile:
Renault develops and builds cars and pick-ups under the brand names Renault, Samsung (South Korea) and Dacia (Rumania). The company also holds shares in AB Volvo and Nissan.


Strengths/weaknesses profile:
Strengths:
  • good measures to ensure compliance of suppliers/subcontractors with labour/health and safety standards
  • reasonable information for customers on how to save fuel through responsible driving, limited use/abdication of energy consuming features
  • comprehensive measures to incorporate recycling considerations in the development and construction of new vehicles
  • comprehensive measures to minimize economic hardship for employees affected by restructuring

Weaknesses:
  • no policy on responsible marketing available


Reasons for inclusion in the Index:
Renault has one of the the lowest fleet consumption in the EU-25 countries, with average CO2 emissions of 147g CO2/km (2006). Although this value is still higher than the EU’s medium-term target value of 120g CO2/km, the company is reducing the risks arising out of a possible statutory setting of emissions limits and is making an important contribution to reducing traffic-related CO2 emissions.


Company website:www.renault.com