2007 Interactive Registration Document - Renault

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03 ENVIRONMENTAL SUSTAINABLE DEVELOPMENT PERFORMANCE 3.2.3.3 ENVIRONMENT-RELATED COMMUNICATION COMMUNICATING ON ENVIRONMENTAL IMPACTS One of the fundamental principles of Renault’s sustainable development policy is regular progress in improving the quality of information and making it available to all audiences. Non-fi nancial sustainable development data have been included in Renault’s registration document since FY 2002. Since 1999 the environmental data from the Automobile industrial and support activities (design, development and logistics), brought together in c hapter 8.4.2, have been verified by the Renault group’s statutory auditors. For 2007, the auditors issued a statement of “reasonable assurance” concerning data for group sites, the highest level of confi dence. This level was also achieved by two other companies in the CAC40. Environmental information relating to automotive products is governed by standards or regulations, stipulated in the approvals required for releasing a product. These cover fuel consumption, CO 2 emissions, pollutant emissions, noise and safety requirements. This information is set out in c hapter 8.4.3. As part of the same process, vehicle manufacturers worked with the European authorities to agree on a regulatory percentage of vehicle weight that must be recyclable after December 15, 2008. There is no process for consolidating waste from all of Renault’s sales subsidiaries yet. However, as of 2007, each subsidiary performs a quantifi ed environmental impact survey as a basis for its environmental management, backed up the Hygiene, Environment and Risk Prevention network. In 2007, Renault developed a cross-functional communication and marketing plan. The aim is twofold: to improve Renault’s image as an environmentallyaware company, and to boost sales of vehicles, particularly those emitting less than 140 grams. Also in 2007, the Group decided to launch the Renault eco² label in Europe (15 countries). This label was created to initiate a dialogue with the public on the environmental progress made by Renault throughout the vehicle life cycle over the past ten years . It also helps customers to identify the most ecological models in the Renault range and thus to contribute to ecological progress themselves through Renault’s affordable solutions. Renault eco² was offi cially launched in May 2007 at an environmental workshop that brought together, over a period of ten days, 200 European journalists, financial analysts, investors, government representatives, partners from the world of education and key account customers. The workshop involved productive discussions on subjects including biofuels, with expert input from Total, and downsizing. Participants were also able to test drive downsized E85 and B30 vehicles. In this way, different audiences were better able to understand Renault’s environmental strategy. < TABLE OF CONTENTS > COMMUNICATING WITH EMPLOYEES AND THEIR REPRESENTATIVES To mark the launch of the Renault eco2 label in May 2007, an environmental blog encouraged a direct dialogue between personnel and the departments in charge of environmental issues. It was a full year for the environmental network, which celebrated ten years of an effi cient policy to cut environmental impacts across all the stages in the vehicle life cycle. To mark this anniversary and to turn the spotlight on internal and external achievements, all the Renault sites and a large number of sales subsidiaries took part in the open days, press conferences and other events organized for World Environment Day on June 5, 2007. At the same time, an Industrial Hygiene, Environment and Risk Prevention convention organized for site managers in October 2007, served to identify synergies and possible areas for progress. A HERP chart was drafted and approved by all participants. The aim was to set out the values of the HERP network in line with Renault’s new brand identity, “Human, Reliable and Enthusiastic”. COMMUNICATING ON LOCAL AND REGIONAL ACTIONS AT THE PLANTS The information on sustainable development attests to Renault’s commitment, but cannot answer all environmental questions concerning individual sites. The sites have undertaken to publish environmental reports either on the Internet or in hard copy. Setting out the actions and detailed results of each site, the environmental report provides clear information and acts as a useful basis for dialogue between sites, personnel and local stakeholders, including residents, local councils, associations and government bodies. The sites have also organized communication initiatives on environmental issues. To illustrate the ISO 14001 criterion of the Renault eco² label and educate people on the long-term performance targets for environmental issues, the Douai plant (France) organized a visit for the press and stakeholders. The Curitiba site (Brazil) produces an educational leafl et on the environment aimed at children of between 5 and 10, which is distributed to employees and to the schools run by São José dos Pinhais city hall. First published in 2005, the leafl et has been received by around 5,000 children to date. A total of 30 sites published an environmental report in 2007. These can be viewed on the Renault group’s sustainable development website. COMMUNICATING WITH CUSTOMERS In 2005 the marketing function helped set up an organization to meet the needs of key account customers for their vehicle fl eets. This included a sales brochure explaining Renault’s environmental policy and special analyses in the areas of fuel consumption, pollutant emissions and road safety. In 2007 Renault/Key Account meetings focused on gaining a better understanding of environmental issues and framing an environmental policy for large corporate customers with vehicle fl eets, continuing the initiatives already carried out in 2006. Discussions took place with short and long-term leasers, particularly on communication aspects of the Renault eco 2 label in relation to end customers. 108 Registration Document Renault 2007 Find out more at www.renault.com 01 02 03 04 05 06 07 08
SHARING RENAULT’S KNOW-HOW WITH OUTSIDE PARTNERS To promote the UN’s Global Compact among small and medium-sized businesses in the Paris metropolitan area (Île- de- France), Renault has joined forces with public administrations and businesses to form the Île-de-France Club for Sustainable Development. Taking part alongside Renault are the Paris region DRIRE (Regional Directorate for Industry, Research and the Environment), the École Nationale Supérieure des Arts et Métiers engineering school, industry leaders including LVMH and Veolia Environnement, as well as 18 small and medium-sized businesses and four inter-trade federations. The objectives are to promote multilateral exchanges of experience and best practices through the use of collaborative tools and visits to industrial sites and conferences, with a view to helping companies make real progress. The goal is to encourage as many companies as possible to sign up to the Global Compact 8 . A tour of the Flins site was organized as part of the “Île-de-France Club for Sustainable Development”. The interministerial delegate for sustainable development awarded the prize for “small and medium-sized industries and sustainable development” to the company Fouqueau. The organization CREER (Cluster Research Excellence in Ecodesign & Recycling) groups seven companies from a wide range of sectors: the Cetim, SEB, Veolia Environnement, Plastic Omnium, Areva T&D, Steelcase and Renault. 3.3 SOCIAL PERFORMANCE Through Renault’s growing international reach and the role that its products play in society, Renault’s infl uence extends beyond the boundaries of the company. Renault has close relationships with a wide range of stakeholders, including customers, suppliers, dealers, scientific experts, local communities and residents, associations, international organizations and government bodies. 3.3.1 ETHICS AND COMPLIANCE 3.3.1.1 INTERNAL STANDARDS ✦ CODE OF GOOD CONDUCT AND RULES OF COMPLIANCE ✦ In 1998 Renault introduced a Code of Good Conduct that provides a framework for relationships with all stakeholders, both inside and outside the Group. The Code is given to managerial staff and to suppliers in order to set out clearly defi ned principles for dealing with complex or unexpected situations. ✦ Global Reporting Initiative (GRI) Directives SUSTAINABLE DEVELOPMENT 03 SOCIAL PERFORMANCE The objective is to pool knowledge and expertise in eco-design and recycling in partnership with the Ecole Nationale Supérieure des Arts et Métiers in Chambéry. CREER’s ambition is to expand the working group to include at least 200 new companies. RECOGNIZING THE PERFORMANCE OF ENVIRONMENTAL MANAGEMENT SYSTEMS AND COMMUNICATION ✦ Several industrial and commercial sites have earned recognition for their environmental actions: n n < TABLE OF CONTENTS > the Busan plant in Korea, won a prize from the Ministry of Trade, Industry and Energy in 2007 for excellent results in cutting energy consumption; the REAGROUP site in Pessac site received a prize in 2007 as part of the “environmental challenge” awards organized by the CNPA (National Co uncil of Automotive P rofessionals). Through the exceptional success of the Logan “Renault eco 2 ” C oncept in Michelin Challenge Bibendum held in Shanghai in November 2007, Renault showed that it is possible to combine ecology and economy while maintaining performance and service. Through a number of technical optimizations and the eco-driving style of the driver, this diesel vehicle consumed a mere 2.72 l/100 km to cover the 172 km route with CO 2 emissions of just 71 g/km. The Logan “Renault eco 2 ” C oncept came second out of 74 participating vehicles. These relationships are guided by two principles: building dialogue and promoting transparency and loyalty. Renault is also involved in major social issues related to the automotive industry, such as sustainable mobility and road safety. It also takes part in initiatives to support civil society. Given the Group’s steady international expansion and the wide variety of risks in the countries where it is present, Renault decided to reinforce its ethical approach by adding a “Compliance” function to the existing Code of Good Conduct. The Compliance function is an integral part of the Renault group’s internal control procedures and is independent of the internal audit function. Placed under the authority of the CEO, the Compliance function is organized around the Global Compliance Committee, which is supported in each region by a committee chaired by the regional leader. (8 ) The objective of the Global Compact, which functions within the framework of the UN, is to promote a set of fundamental values based on ten principles concerning the environment, human rights and the fight against corruption. 01 02 03 04 05 06 07 08 Registration Document Renault 2007 109
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2007 REGISTRATION DOCUMENT
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TABLE OF CONTENTS 01 RENAULT AND TH
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01 Renault and the Group < TABLE OF
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1.1.2 BACKGROUND AND HIGHLIGHTS 189
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1.1.3 MAIN ACTIVITIES Since the fi
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I n the luxury E segment, Renault l
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PRODUCTION OF THE MAIN MANUFACTURIN
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HIGHLIGHTS IN GROUP NETWORK STRATEG
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In April 2007, in addition to an or
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n n in Morocco, Renault signed a me
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RENAULT RETAIL GROUP SA 117-199, av
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* REAL ESTATE AND IT FINANCING FOR
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1.3 THE RENAULT-NISSAN ALLIANCE On
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RENAULT SHARE PRICE FROM MARCH 29,
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These two entities are free to acce
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Interchangeable components Compleme
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MANUFACTURING Renault and Nissan ha
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1.3.4.1 NISSAN’S STRATEGY AND GRO
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1.3.4.2 NISSAN’S 2007 CONTRIBUTIO
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SALES IN WESTERN EUROPE RENAULT AND
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GLOBAL SALES AND PRODUCTION SITES
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02 Management report < TABLE OF CON
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FRANCE & EUROPE REGIONS - GROUP SAL
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for 67.1% of the Group’s sales in
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INTERNATIONAL ROLLOUT OF THE LOGAN
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In 2007, RCI Banque also launched f
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RENAULT GROUP - REGISTRATIONS IN EU
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Renault g roup’s new geographical
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Page 67 and 68: 2.2.3 2007 R&D HIGHLIGHTS 2.2.3.1 A
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Page 71 and 72: MANAGEMENT PROCEDURES Between 1990
Page 73 and 74: MANAGEMENT PROCEDURES Import subsid
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Page 81 and 82: 03 Sustainable development < TABLE
Page 83 and 84: of employee commitment remains one
Page 85 and 86: Over the past three years, incentiv
Page 87 and 88: For 2007, Group turnover totaled 7%
Page 89 and 90: 3.1.2.5 TRAINING Vocational trainin
Page 91 and 92: Efforts continued in 2007 to extend
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Page 95 and 96: TEST LABORATORY Renault’s test la
Page 97 and 98: COMPARATIVE INVENTORY AND PROGRESS
Page 99 and 100: Renault is implementing a three-pro
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Page 103 and 104: USE Use-phase waste is generated by
Page 105 and 106: 3.2.3 CROSS-FUNCTIONAL MANAGEMENT O
Page 107 and 108: VEHICLE DESIGN AND DEVELOPMENT PROC
Page 109: ENVIRONMENTAL MANAGEMENT IN THE VEH
Page 113 and 114: 3.3.2 RENAULT AND ITS STAKEHOLDERS
Page 115 and 116: In 2007, Renault participated as an
Page 117 and 118: BREAKDOWN OF ACCIDENTS RESULTING IN
Page 119 and 120: The Safety for All program in Moroc
Page 121 and 122: “VALUED CITIZENS” PROGRAM IN SO
Page 123 and 124: MAIN HR OBJECTIVES ✦ Global Repor
Page 125 and 126: 3.4.3 SOCIAL OBJECTIVES KEY OBJECTI
Page 127 and 128: OEKOM Oekom, one of Germany’s lea
Page 129 and 130: TABLE OF CONTENTS > SUSTAINABLE DEV
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Page 133 and 134: DIRECTORS OFFICES/FUNCTIONS Carlos
Page 135 and 136: DIRECTORS OFFICES/FUNCTIONS Jean-Cl
Page 137 and 138: THE ALLIANCE: n took cognizance of
Page 139 and 140: In compliance with French legal and
Page 141 and 142: 4.2 MANAGEMENT BODIES AT FEBRUARY 1
Page 143 and 144: ORGANIZATION CHART AT FEBRUARY 1, 2
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Page 147 and 148: The Chairman of the Board of Direct
Page 149 and 150: Summary of plans The options grante
Page 151 and 152: CORPORATE GOVERNANCE 04 REPORT OF T
Page 153 and 154: PROCEDURES AND OPERATING METHODS Th
Page 155 and 156: 4.5.2.7 ORGANIZATION OF PROCEDURES
Page 157 and 158: CORPORATE GOVERNANCE 04 STATUTORY A
Page 159 and 160: 05 Renault and its shareholders < T
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5.1.2.2 GENERAL MEETINGS OF SHAREHO
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5.2.4 UNISSUED AUTHORIZED CAPITAL 5
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5.3 MARKET FOR RENAULT SHARES 5.3.1
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5.3.2 RENAULT AND DIAC REDEEMABLE S
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5.4 INVESTOR RELATIONS POLICY ✦ S
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TABLE OF CONTENTS > RENAULT AND ITS
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TABLE OF CONTENTS > 06 Mixed Genera
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APPOINTMENT OF A DIRECTOR The seven
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CAPITAL INCREASE AUTHORISATION GIVE
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TABLE OF CONTENTS > MIXED GENERAL M
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TABLE OF CONTENTS > 07 Financial st
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✦ Global Reporting Initiative (GR
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7.2.3 CONSOLIDATED SHAREHOLDERS’
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7.2.4 CONSOLIDATED STATEMENTS OF CA
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A2 - CONSOLIDATED BALANCE SHEETS BY
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DECEMBER 31, 2005 (€ million) AUT
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(€ million) AUTOMOBILE SALES FINA
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B - INFORMATION BY GEOGRAPHIC AREA
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7.2.6.1 ACCOUNTING POLICIES AND SCO
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F - Translation of foreign currency
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Useful lives are regularly reviewed
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Renegotiations of the terms of borr
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7 - OTHER OPERATING INCOME AND EXPE
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B - Changes during the year (€ mi
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13 - INVESTMENT IN NISSAN A - Nissa
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G - Hedging of the investment in Ni
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15 - INVENTORIES DECEMBER 31, DECEM
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A dividend distribution of €3.80
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The plans have been valued as follo
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C3 - Summary ✦ Global Reporting I
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B - Breakdown by category ✦ Globa
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B - Breakdown by category DECEMBER
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C1 - Financial liabilities of the A
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B - Impact of financial instruments
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DECEMBER 31, 2005 (€ million) ✦
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Interest rate derivatives B3 - Equi
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28 - RELATED PARTIES A - Remunerati
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31 - CONSOLIDATED COMPANIES A - Ful
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1. WITH COGERA Credit facility agre
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BALANCE SHEET ✦ Global Reporting
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E - Marketable securities Marketabl
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7.4.2.7 INVESTMENTS Changes during
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7.4.2.13 PROVISIONS FOR RISKS AND L
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Breakdown by maturity ✦ Global Re
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Renault SA uses derivatives to impl
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7.4.2.23 SUBSEQUENT EVENTS No signi
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08 Additional information < TABLE O
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ADDITIONAL INFORMATION 08 INFORMATI
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8.3.1.3 PRESIDENT AND CHIEF EXECUTI
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COMPOSITION, TASKS AND OPERATING PR
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8.3.3.2 USE AND/OR COMMUNICATION OF
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Renault made its fi rst inventory o
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SITE WATER CONSUMPTION (m 3 thousan
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Nature and scope of the audit We pe
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ADDITIONAL INFORMATION 08 CROSS-REF
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GRI INDICATORS (1) ADDITIONAL INFOR
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(www.renault.com) Photos cre dits:
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