In light of the importance of climate issues for the Group, the compensation of corporate officers is tied to a climate-related conditions, among other qualitative criteria. The target, introduced in 2013, is “leadership in environmental performance: CO2 emissions of vehicles in Europe, Renault Group carbon footprint". More recently, on the recommendation of the Governance and Compensation committee, the Board of Directors proposed to change the compensation policy of the Chief Executive Officer for 2020 and 2021 by adding two new climate-related criteria:
1. CAFE: Corporate Average Fuel Economy
2. AVTOVAZ will be included in the Group’s targets starting in 2024.