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BNP Parisbas Exane - ESG Conference - September 29, 2022

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Competitive,

tech &
sustainable
company
EXANE ESG Conference
September 29, 2022
1
Agenda
Overview of Renault Group

Board and committees’ composition

Sustainability at Renault Group

2
Overview of
Renault Group

3
Capital & structure of Renault Group
as of June 30, 2022 Breakdown of capital
as of December 31, 2021

Renault
S.A

64.83% 15.01%
Nissan Public French State
Dacia
Motor 99.4%
43.4%

Renault
s.a.s
15.00%
100% Nissan

Mobility
Other 3.61%
RCI industrial and
Banque services Employees
100% 100% commercial
companies
1.55%
Treasury stock

4
Key figures
2021
Group turnover Vehicles

46.2 33 sold

billions of Industrial
sites
2. 7
millions
euros

Operating
margin Net profit including

967 111,000 148 433


1.663 millions
Employees
in 38 countries
Electric
vehicles sold
millions of euros
of euros
2021 Achievements
at least 1 year in advance

Free cash flow Fixed cost Cash Breakeven


Profitability (1) generation(2) Investments (3) savings (4) point (4)

Renaulution
outlook
>3% ~€3bn 8-9% >€2bn -30%
in 2023 2021-2023 2021-2023 reduction by 2022 as of 2023

2021
achievements 2 years in advance
3.6% €1.3bn 8.5% >€2bn -40%
1 year in advance 2 years in advance

(1) Group operating margin


(2) Automotive operational FCF
(3) Group R&D + capex / revenue, 2021 excluding impact of asset sales
(4) versus 2019

6
2022 H1: a new step in Renault Group recovery
Operating Automotive operational Net debt
margin free cash flow June 30, 2022

4.7% €956m -€426m


+2.6pts +€1,470m €1,196m
improvement vs Dec. 21
vs 2021 H1* vs 2021 H1* o/w €522m due to Russia exit

… despite strong headwinds


Cost inflation Russia
EC crisis (incl. raw materials)

* Adjusted to reflect the exit from Russia 7


Russia deconsolidation impact

• In May 2022, the Board of Directors unanimously approved the signing of agreements to sell 100% of
Renault Group's shares in Renault Russia to Moscow City entity and its 67.69% interest in AVTOVAZ to
NAMI (the Central Research and Development Automobile and Engine Institute) : a responsible choice
towards our 45,000 employees in Russia, while preserving the Group's performance

• As a consequence,
• The Russian Automotive activities were deconsolidated in 2022 H1 and treated as discontinued
operations with retroactive effect to January 1, 2022
• 2022 H1 impact: net income of discontinued operations -€2.3bn
• 2022 H1 financial aggregates of continuing activities no longer include Russian Automotive
activities
• 2021 was adjusted in line

8
2022 outlook upgraded
H2 market
outlook Europe Eurasia Latam
excluding Russia

Group operating margin >5% vs ~3% previously


Automotive operational free cash-flow >€1.5bn vs positive previously

The Group confirms an impact of the semiconductor crisis estimated at 300,000 vehicles in 2022

9
Ambitious product line-up
to fuel sustainable & profitable growth
Global PC+ LCV

4 3 12 6
25
Launches
2022 2023 2024 2025

> 50% on C & above segment for PC


~50% BEV
80% electrified vehicles
10
Strategic studies
to tackle automotive challenges

Pure Electric Entity ICE & Hybrid Powertrain Entity

Assets E-TECH

▪ 100% EV andSoftware technologies and ▪ Engine / transmission activities and


activities
Activities technologies for ICE and Hybrid
▪ Renault 100% Electric (Europe 2030) ▪ Out of France
▪ France Focus
▪ Open ecosystem with multiple partnerships
Partnerships (technologies, services…) ▪ Industrial and technological partnerships

Skills ▪ EV Pioneer in Europe ▪ 120 years experience worldwide

11
Board &
committees
composition

12
Current composition of the Board of Directors post 2022 AGM

Jean-Dominique Senard
Chairman of the Board

Frédéric Richard Eric Yu Joji


Barrat Gentil Personne Serizawa Tagawa
Directors Directors
representing employees appointed by the AGM upon proposal of Nissan

16
Noël
Desgrippes
Directors Pierre
Fleuriot*
Director
representing employee shareholders 66.7% (1)
41.7% (2)

Independent Women
Vincent Directors
Le Biez Miriem Catherine Bernard
Director Bensalah Chaqroun Barba Delpit
designed by order
as representative of the French State

Thomas
Courbe Marie-Annick Frédéric Annette
Director Darmaillac Mazella Winkler
appointed by the AGM (1) 50% recommended by the AFEP-MEDEF Code
upon proposal of the French State (2) 40% provided by law Independent Directors
appointed by the AGM
* Lead independent Director.
(1) Excluding the 3 directors representing employees and the director representing employee shareholders,
but including Mr. Jean-Dominique Senard.
13
Skills mapping of the members if the Board of Directors

Auto industry
Ms. Winkler, Messrs. Barrat,
Delpit, Desgrippes, Gentil,
8 9 Finance
Ms. Winkler, Messrs. Courbe, Delpit, Fleuriot,
Personne, Senard, Tagawa, Le Biez
Personne, Senard, Tagawa

Digital and innovation


Ms. Barba, Messrs, Mazzella, 4
8
Senard Senior executive experience
Ms. Bensalah-Chaqroun,
Serizawa,, Winkler,
Messrs. Delpit, Fleuriot,

8
International experience Mazzella, Senard
Ms. Barba, Bensalah-Chaqroun,
Serizawa, Winkler,
Messrs.Mazzella, Senard,
Tagawa 6 Environmental, social and governance
Ms. Bensalah-Chaqroun, Darmaillac, Serizawa,
Winkler, Messrs. Sernard, Tagawa

Automotive industry: automotive industry experience; knowledge of Renault Group business and competitive environment
Finance : experience in financial sector(banks, accounting, financial market), capital management or risk management; in-depth understanding of financial reporting processes and
corporate finance
Environmental, Social and Governance: experience in managing ESG issues
Senior Executive experience : experience serving as CEO or senior executive in organization of significant size

International experience: extensive professional experience acquired thanks to activities in multiple regions ofthe world and in multinational organizations
Digital and innovation: expertise or experience with the development and implementation of technology strategies; experience in companies having a strong technology focus
14
Current composition of the Committees of the Board of Directors
Governance and Compensation Committee Audit and Risks Committee Strategy and CSR Committee
66,67%(*) 60%(*) 60%(*)
Independence Independence Independence
Pierre Fleuriot Bernard Delpit Annette Winkler

Marie-Annick Darmaillac Frédéric Barrat Catherine Barba

Thomas Courbe
Eric Personne Miriem Bensalah Chaqroun

Noël Desgrippes
Vincent Le Biez Pierre Fleuriot

Richard Gentil
Permanent guest to Joji Tagawa
the Committees meetings

Frédéric Mazzella

Jean-Dominique Senard
Vincent Le Biez
Yu Serizawa

* Excluding directors representing employees and employee shareholders

15
Sustainability
at Renault Group

16
A dedicated governance for ESG

Strategy and CSR Executive


Committee Committee

Group
Sustainability
Committee

Strategy & Industry Purchasing Engineering Human Digital Other


Environment Resources functions.
Planning

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Our ESG strategy ensures Renaulution’s sustainable deployment

CORPORATE « Our spirit of innovation takes mobility further to bring people closer »
PURPOSE

CORPORATE
STRATEGY
Green company Tech company New businesses

ESG
VISION GREEN AS A BUSINESS CARING CARS CARING COMPANY

ESG « Carmakers, care makers. We make cars while taking care of the people who design and manufacture them, of
CLAIM our customers who use them, of the resources from which they’re produced and of the planet on which they run. »

Safe & smart cars


FOCUS Circular economy Safe workplace
AREAS Sustainable Growth
Decarbonization for Workforce
Climate Transformation

Fair transition to low-carbon & safer mobility for everyone


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GREEN AS A BUSINESSIndustry
CARING CARS Well-to-wheel
CARING COMPANY Recycle
climate

Strong ambitions & strategic partnerships


revealed in 2021
Decarbonization: Circular economy:
engaged accelerate

Suppliers
-30% Decarbonization -65% 120,000 vehicles 80% of recycled
CO2 materials* of all European well-to-wheel refurbished / year battery minerals
-35% plants emissions in 20,000 batteries injected in new
2030 by 2030 Europe* batteries
CO2 battery* repaired / year
New initiatives
& partners ElectriCity

Carbon neutrality €1bn


Europe 2040 & Worldwide 2050 Revenue by 2030
* versus 2019

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GREEN AS A BUSINESS CARING CARS CARING COMPANY

Success of E-TECH technology

SALES* K units

+52% 203
133
EV
46
EV
EV Hybrid Hybrid

2019 2020 2021


European
mix* 4.5% 17% 31%
* Passenger cars

Towards 100% electric


Renault Brand European PC in 2030
20
GREEN AS A BUSINESS CARING CARS CARING COMPANY

Covered EV Value chain


from 10% in 2020 to 30% in 2022
80% by 2030
Battery
Step of the e-Motor & Power
value chain Reducer Electronics
Recycled Other Cell & module Casing, BMS*,
Raw mat PCAM / CAM
materials materials Production Assembly

2030
target 70% 100% 0% 100% 100% 100% 100%
92%
coverage

Covered directly
by RG battery
suppliers

Multiple For BEV eMotor


Partnerships Partnerships Partnership
In place work in progress (Casing)
For xHEV eMotor

Level of coverage: Covered Not covered

*Battery Management System 21


GREEN AS A BUSINESS CARING CARS CARING COMPANY

Key partnerships
in 2022 H1 to secure the EV value chain

Battery raw Battery e-Motor Power


materials casings electronics

Low-carbon cobalt JV creation for 200kW new generation for EV and hybrid
battery casings rare-earth free powertrains in
in ElectriCity in France
Produced in Morocco with electric motor “One box”
traceability of supply chain

5,000t/y from 2025 for Capacity of 300,000 Start of production from All components* in one
7 years representing an battery casings/year by 2025,
for electric vehicles
2027 housing with start of
annual battery production production from
capacity of up to 15 GWh
2026

* DC-DC converter + on-board charger OBC + inverter 22


GREEN AS A BUSINESS CARING CARS CARING COMPANY

Circular economy: an unrivalled value chain for vehicles

Supply Production Usage End of life

Production scrap
Closed loop recycl. (steel) Remanu-
Used Car life End-of-Life Battery Battery
materials facture/
Production scrap extension valorization 2nd life recycling
sourcing recycl. (batteries) repair

(Out of recycling
market scope)

World leader in metallic


scrap conditioning & trading

• Catalysts • Scrap collection • Parts remanuf. • UC refurbishment. • Veh sourcing • Collection


• Metal • Scrap valorization • Parts repair • UC retrofit • Veh dismantling • Recycling
• Plastics • Partnership w. • Fleet maintenance • Veh valorization • Material sale
Suez (incl. parts re-
use)

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GREEN AS A BUSINESS CARING CARS CARING COMPANY

Regulatory incorporation of
recycled materials 2030:
▪ Cobalt 12%
▪ Nickel 4%
▪ Lithium 4%

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GREEN AS A BUSINESS CARING CARS CARING COMPANY

Far from danger Getting closer Imminent danger Accident Rescue

Active safety Passive safety


Focus zone of car assessment programs

Renault Group Safety strategy

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A new ambition for sustainability
Scenic Vision concept-car

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GREEN AS A BUSINESS CARING CARS CARING COMPANY

Responsible for theCARS


CARING workforce future

Employee health Diversity & equal ReKnow


and safety opportunities University
0% occupational illness and 50% women in management Upskilling / reskilling 12,000 p
accident by 2030 positions by 2050 of our industrial ecosystem by
30% in 2030 2025
100% employees with 50% female trainees and
optimum medical coverage apprentices by 2025
and teleconsultation access 0% gender pay gap by 2025
in 2025

E-Motor assembly training facilities

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GREEN AS A BUSINESS CARING CARS CARING COMPANY

ReKnow University: ensuring employability


and training future generations
Academic training Vocational training
Applied research, co-development of certified Pooling of design and diffusion of
and qualifying training, promoting qualifying training courses
apprenticeships
A ECOSYSTEM OF KNOWLEDGE

3 KNOWLEDGE AREAS
5+ CAMPUSES

1 Electric Mobility ElectriCity 3 Cybersecurity, Data &


Academy
Software Academy
Mega factory
2 Circular Economy e-motor
Academy Software
Refactory
Republique 28
ESG Objectives for value creation aligned on Renaulution Plan
Renovation Revolution
until 2025 From 2025
2021
2021
Certify all Renault Group manufacturing sites to ISO 14001 by Ind N Reduce the carbon footprint of parts & materials by 30%
100% -
2023 per vehicle by 2030 (compared to 2019) N

0% gender pay gap by 2025 1.30% H


Decarbonising our plants by achieving carbon neutrality
Increase the number of beneficiaries of “microcredit cars” to of sites for ElectriCity in 2025, Europe in 2030 and
450 S& Tangier only N Ind
4,000 by 2025 R reducing emissions from our sites worldwide by 50% in
2030
help 20,000 people to get back to employment through our S&
9,044 H
foundations by 2025 R
Increase the share of electric vehicle sales for the
Training 12,000 employees in the Group's new businesses Renault brand to reach 100% of passenger car sales in 12% N
2,600 H Int Europe by 2030

Reduce well-to-wheel emissions by 65% in Europe & 35% -11.4 % : Europe N


worldwide by 2030 (compared to 2019) 4.3% : Worldwide

Reduce the carbon footprint of batteries by an average N


NA today
of 35% by 2030

Incorporate 33% recycled material in new vehicles by


30% (Europe) N
2030 (worldwide)

N
Circular economy business : €1bn revenue by 2030 €587m

Reduce work-related accidents and illnesses to zero by


FR2 : 1.75 H
2030
Value creation per capital Achieve a target of 50% women in the Top 4,000/Top 20.4% : top 4,000
11,000 by 2050 (30% by 2030, 35% by 2035) 24.3% : top 11,000 H

S& Social et relation


H Human Int Intellectual Ind Industrial N Natural
R

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