Groupe Renault - 2020 Universal Registration Document

126 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020 Find out more at group.renault.com 02 CREATING SHARED VALUES THAT RESPECT SOCIETY AND THE ENVIRONMENT GROUPE RENAULT: A COMPANY THAT ACTS RESPONSIBLY CREATING SHARED VALUES THAT RESPECT 2.1 SOCIETY AND THE ENVIRONMENT A strong CSR commitment 2.1.1 The automotive sector is currently undergoing a rapid transformation, with the growth in the market for electric vehicles, connected and autonomous vehicles, new relationships with mobility and the digitization of services. At the same time, a globalized economy and a growing awareness of environmental issues place the company at the center of these issues. Given its size, its international scope, its impact on society and the environment, as well as its involvement in the regions where it operates, Groupe Renault occupies a prominent place in these discussions. In this context, also marked by an unprecedented health crisis, in 2020 the Group decided to carry out two major projects simultaneously (in order to ensure that they work together): its corporate purpose and the new Renaulution strategic plan . While Renaulution was announced in January 2021, the corporate purpose of Groupe Renault will be unveiled at the Shareholders’ Annual General Meeting in April 2021. This announcement will mark the end of a review begun more than a year ago and a major collaborative and unifying process involving the Company’s management bodies, the Group Works Council and all employees worldwide (via an open global survey) as well as external stakeholder panels. A study on the company’s culture was also carried out at this time. The members of the Ethics & CSR Committee were regularly informed of the progress of the work. As a follow-up to this announcement, the Group’s new CSR ambitions, which will focus on three areas – the environment, inclusion and safety – will also be disclosed during the Annual General Meeting.