Climate Report April 2021

Expert guide

Ratings

NOTATIONS

OUR APPROACH: EVALUATED AND RECOGNIZED

To validate its climate trajectory and to ensure convergence between shareholder and social values, Renault Group also relies on external evaluation. It thus responds to certain questionnaires from independent extra-financial rating agencies, as long as they are not accompanied by a request for financial contribution: the Group constantly ensures that there is no conflict of interests, real or perceived. It is also part of the composition of several socially responsible stock market indices.

	Rating agency	Latest results
	Rating agency Carbon Disclosure Project is a global not-for-profit organization made up of major institutional investors. Each year, it publishes a ranking of the companies most committed to integrating climate issues into their business models.	Latest results In December 2020, having submitted its responses to the CDP Climate Change questionnaire, Renault Group obtained an A-rating once again, which keeps it in the “Leadership” category. For more information see: www.cdp.net
	Rating agency Sustainalytics is one of the global leaders in environmental, social and governance (ESG) research and analysis related to socially responsible investment. It assigns ratings to companies based on their ability to mitigate CSR risks.	Latest results Ratings updated in January 2021 rank Renault Group 15th out of 72 car manufacturers by Sustainalytics with a score of 22.3 (medium risk). For more information see: www.sustainalytics.com
	Rating agency EcoVadis is a French agency that established the first ratingplatform to assess the social and environmental performance of suppliers worldwide.	Latest results In August 2020, Renault Group obtained an overallscore of 68/100, corresponding to the "Advanced Performance" level. For more information see: www.ecovadis.com
	Rating agency ISS-Corporate Solutions is one of the largest sustainability ratings agencies in the world. It analyzes over 20,000 companies worldwide.	Latest results December 2020. For more information see: www.issgovernance.com/esg/
	Rating agency Vigeo Eiris is a financial rating agency specializing in CSR challenges. It proposes the issue of “ethics” indices which include Euronext-Vigeo and the CAC governance index.	Latest results December 2020. For more information see: www.vigeo-eiris.com
	Rating agency The SBT initiative aims to encourage companies to set targets for reducing greenhouse gas emissions aligned with the level of decarbonization required to keep the increase in global warming below 2^°C, or even below 1.5^°C.	Latest results Renault Group was the first company in the automotive sector to obtain the validation of its decarbonization targets through the SBT initiative in March 2019. In March 2021, the Group officially joined the list of companies committed to the "Business Ambition for 1.5^°C” initiative. For more information see: https://sciencebasedtargets.org/business-ambition-for-1-5c

	Organization	Stock market indices
	Organization MSCI is a leading supplier of investment decision-support tools worldwide. MSCI also manages the MSCI Global Sustainability index series, which includes companies whose MSCI ESG rating is high compared to segment peers in a given region.	Stock market indices In 2020, Renault Group is a component of the MSCI Global Sustainability index series, which includes the MSCI ACWI ESG index, the MSCI World ESG index, the MSCI EM ESG index and the MSCI USA IMI ESG index. For more information see: www.msci.com
	Organization Euronext is the main operator of financial markets in the euro zone. Based in six countries, the organization has developed a range of indices integrating social responsibility and sustainable development criteria.	Stock market indices Renault Group is part of the following indices: Euronext Climate Europe, Euronext Core Europe 100 ESG EW, Euronext France ESG Leaders 40 EW, EN Fra Energy Transition Lead 40 EW and EN Water and Ocean Europe 40 EW. The company joined the new CAC 40 ESG index when it was created on March 22, 2021. For more information see: https://www.euronext.com/fr/for-investors/indices
	Organization The STOXX indices (Deutsche Börse Group) bring together companies well positioned to provide the solutions necessary for the transition to a low-carbon economy.	Stock market indices Renault Group is a component of the STOXX Global Reported Low Carbon, the Euro STOXX Climate Transition Benchmark, the Euro STOXX Paris-Aligned Benchmark and the Euro iSTOXX Ambition Climat PAB.

Organization

Stock market indices

MSCI is a leading supplier of investment decision-support tools worldwide. MSCI also manages the MSCI Global Sustainability index series, which includes companies whose MSCI ESG rating is high compared to segment peers in a given region.

In 2020, Renault Group is a component of the MSCI Global Sustainability index series, which includes the MSCI ACWI ESG index, the MSCI World ESG index, the MSCI EM ESG index and the MSCI USA IMI ESG index. For more information see: www.msci.com

Euronext is the main operator of financial markets in the euro zone. Based in six countries, the organization has developed a range of indices integrating social responsibility and sustainable development criteria.

Renault Group is part of the following indices: Euronext Climate Europe, Euronext Core Europe 100 ESG EW, Euronext France ESG Leaders 40 EW, EN Fra Energy Transition Lead 40 EW and EN Water and Ocean Europe 40 EW. The company joined the new CAC 40 ESG index when it was created on March 22, 2021. For more information see: https://www.euronext.com/fr/for-investors/indices

The STOXX indices (Deutsche Börse Group) bring together companies well positioned to provide the solutions necessary for the transition to a low-carbon economy.

Renault Group is a component of the STOXX Global Reported Low Carbon, the Euro STOXX Climate Transition Benchmark, the Euro STOXX Paris-Aligned Benchmark and the Euro iSTOXX Ambition Climat PAB.