Sign up to access all our data and the evidence and analysis underlying our overall scores. Once you've created an account, we'll get in touch with further details:
Sign Up
| Overall Assessment |
Comment |
Score |
| Comprehensive |
Renault SA has demonstrated a comprehensive level of transparency in disclosing its climate lobbying activities. The company has clearly identified specific climate-related policies it has engaged with, such as the 'European Fit for 55 package,' 'National Finance Law (2021),' 'Climate and resilience national law,' 'Battery regulation,' and the 'European Union - Directive on Energy Taxation (Revision project).' It also provides additional details about its focus areas, including carbon pricing, taxes, subsidies, and incentives for electric vehicles. Renault has disclosed its lobbying mechanisms, including 'Meetings with policymakers,' 'Letters to European decision-makers,' and participation in forums like ChangeNOW. It has also identified its lobbying targets, such as 'policy makers in France,' 'European Commission services,' and 'States representatives,' providing clarity on both the methods and entities involved. Furthermore, the company has been transparent about the specific outcomes it seeks, such as supporting EU CO2 standards for cars and vans regulation with a lifecycle analysis approach, promoting financial and non-financial incentives for electric vehicles, and advocating for balanced taxation policies that support EV sales while aligning with the Paris Agreement. This level of detail and clarity illustrates Renault's comprehensive approach to disclosing its climate lobbying efforts and objectives.
|
4
|
| Overall Assessment |
Comment |
Score |
| Strong |
Renault Group demonstrates a strong governance process for climate lobbying alignment, particularly through its Ethics and CSR Committee and its Board of Directors. The company has established clear oversight structures, stating that "the Board of Directors oversees climate strategy and related risks and opportunities," and has set up a specialized Ethics and CSR Committee to "explore environmental issues in depth and reinforce their governance." This committee is tasked with "reviewing reporting, assessment and control systems to ensure that the company is able to provide reliable non-financial information," and it coordinates its work with other specialized committees such as the Audit, Risks and Compliance Committee and the Strategy Committee. Furthermore, the Board of Management (BoM) is responsible for implementing mid-term strategies, supported by the CSR Steering Committee chaired by the CEO, which ensures alignment with climate objectives. Renault Group also employs tools like the "CAFE Control Tower" to monitor CO2 emissions and adjust roadmaps, reporting results monthly to the BoM. Additionally, the Strategic Environmental Planning department plays a pivotal role in preparing, deploying, and monitoring environmental policies across all sectors of the company, supported by a network of representatives and experts. These mechanisms indicate robust monitoring and accountability measures for climate-related activities, including indirect lobbying through trade associations such as the CCFA and PFA, which "represent the automotive industry in its dialogue with French and European legislators." However, while the governance framework is detailed, there is no explicit mention of a comprehensive lobbying audit or review of alignment across trade associations, which would further strengthen transparency and accountability.
|
3
|