Groupe Renault renews commitment to the circular economyMay 31, 2017
Groupe Renault renews its Global Partnership with the Ellen MacArthur Foundation for a further three years.
Groupe Renault began working with Ellen MacArthur in 2007, committing to reducing its environmental footprint across every stage of its lifecycle by increasingly embracing the circular economy. When the Ellen MacArthur Foundation launched in September 2010, Renault joined as a founding Global Partner. The Group has now committed to supporting and pursuing a circular economy framework for a further three year term.
Renault was the first carmaker to develop an industrial system that has, and will, enable it to meet expected future mobility needs in a time of increasingly scarce natural resources. As a circular economy pioneer, Renault now generates revenue of Euros 0.5 billion per year from its recycling and manufacturing operations, demonstrating the economic benefit of adopting circular economy practices.
Journey to the heart of the circular economy
Watch Ellen MacArthur and Jean-Philippe Hermine discuss how a circular economy approach benefits Groupe Renault. (3 minutes, in English with French subtitles)
Renault was involved right from the beginning of the Foundation’s journey - when the circular economy was just emerging as a coherent framework. Since then, Renault has put a circular economy approach into practice, demonstrating the economic rationale through many examples. I am delighted that Renault will be continuing this journey with us.
As part of the partnership renewal, Renault has embarked on a new series of commitments to the circular economy, based on its understanding that transitioning from a linear economic model to a circular economy, will secure the Group's long-term future.
We are delighted to be renewing our partnership with the Ellen MacArthur Foundation. We have been working together for six years and are now exploring how to embed circular economy in our international operations. Some of Renault’s future projects include studies into transposing our European remanufacturing model into other regions of the world, such as India, Brazil, Morocco and China, as well as the lifecycle of electric vehicle batteries and new mobility solutions.
Renault experts engage regularly in dialogue with members of the Ellen MacArthur Foundation to seek out new technical solutions, processes and circular economic models, and to liaise on strategic planning and the Group’s rollout of the Competitive Circular Economy programme, as well as raising awareness among employees and shareholders. Renault shares with the Foundation's network its broad-based manufacturing and remanufacturing expertise and case studies to assist with promoting the circular economy among economic decision-makers.