Cookie Consent by Free Privacy Policy website Renault Group unveils its purpose: our spirit of innovation takes mobility further to bring people closer.
aprile 23, 2021 - Renault

Renault Group unveils its purpose: our spirit of innovation takes mobility further to bring people closer.

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Boulogne-Billancourt, April 23rd, 2021. During its Annual General Meeting on April 23rd, the Group presented its purpose to its shareholders. It was developed jointly with all employees and in consultation with its stakeholders and validated by the Board of Directors. It expresses the ambition and meaning of the Group's collective project in France and worldwide. 

“Our spirit of innovation takes mobility further to bring people closer.” 

With these words, the social body of #renault Group and its 170,000 employees wants to highlight the substance of its mission to serve its customers and all its stakeholders. To make the heart of innovation beat, testifies both to the deeply human and generous dimension of #renault, as well as to the creativity, inventiveness, and technical quality of the Group.

"At #renault, technology and innovation are always at the service of people, and never the other way around. Because the ultimate goal is to bring us closer together. This is the freedom that makes today's mobility possible, and even more so tomorrow, underlined Jean-Dominique Senard, Chairman of #renault ‘s Board of Directors, to present the purpose. "

He also emphasized that purpose is a key driver of competitiveness:

"The strength of a company, its movement, its long-term dynamics, depend on the good alignment of values, governance and strategy with the expression of the purpose. This alignment produces substance and meaning. And meaning is the basis for trust, pride in belonging, motivation, stakeholder commitment... and therefore performance."

The design of the Group’s purpose is the result of a collective effort. To begin with, working groups analyzed hundreds of interviews with employees from a wide variety of businesses and countries, in the operational entities and at the level of the top management. In parallel, a study of the company's culture was conducted. This work was completed by discussions with external stakeholders (partners, investors, NGOs, etc.). 

To nurture this purpose, #renault Group has decided to go further than a Stakeholder Committee by creating a dedicated Purpose Committee before the end of the year. This committee, made up of international figures from a wide range of backgrounds and fields of expertise, will provide the Board of Directors with analyses and recommendations on the Group's strategy. 

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