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 57 is higher than 77% 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 2023, Renault Group B.V. reported total carbon emissions of approximately 1,640,000,000 kg CO2e across all scopes. This includes Scope 1 emissions of about 1,640,000,000 kg CO2e, Scope 2 emissions of approximately 2,271,000 kg CO2e, and Scope 3 emissions totalling around 159,382,000 kg CO2e. Within Scope 3, significant contributors include investments (about 210,285,000 kg CO2e) and end-of-life treatment of sold products (approximately 281,342,000 kg CO2e). Renault Group has set a trajectory to reduce financed emissions (downstream Scope 3) by 2030, with intermediate targets approved by the Board of Directors in 2023. This commitment reflects the company's focus on addressing its climate impact, particularly in its investment activities. The emissions data is cascaded from its parent company, Renault SA, which oversees the broader climate initiatives and targets for the group. Renault Group B.V. is committed to aligning its operations with industry standards for carbon reduction and sustainability, contributing to the automotive sector's transition towards a lower carbon future.
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| 2019 | 2020 | 2023 | |
|---|---|---|---|
| Scope 1 | 576,820,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 1,212,351,000 | 000,000,000 | 0,000,000 |
| Scope 3 | 1,400,000,000 | 0,000,000,000 | 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.
