Each year, approximately 80% of Groupe Renault's procurement volume is covered by an assessment in the areas of working conditions and human rights, regulatory and ethical compliance, the environment, and sustainable supply chain management. These evaluations are conducted by certified third-party firms.
Renault is mapping out its supply chain (rank 1) in order to rank its supplier sites based on CSR risks. An audit plan on high-risk supplier sites is then carried out by outside firms. By the end of 2018, the Procurement Department realized a total of 45 audits.
Renault is also mapping out material risks. This enables us to prioritize the actions to be taken, over the medium term, in sensitive supply chains. Actions are undertaken on the basis of OECD principles.
Groupe Renault also partners with other companies in collective initiatives to increase the impact of its actions. For instance, Renault is a member of the Responsible Material Initiative (RMI) and the Responsible Cobalt Initiatives (RCI).
Each year, Renault presents “Supplier Awards”. These awards recognize particularly high-performing suppliers in five priority areas for Renault, including Sustainable Procurement. In 2018, three suppliers were awarded: HANKOOK TIRE CO LTD; HP; HENKEL.