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