Groupe Renault and the Ellen MacArthur Foundation – an organisation that promotes the ‘circular economy’ – have renewed their commitment to the circular economy.
The circular economy is designed to ‘design out waste’ and promote sustainability by moving away from linear models of manufacturing and consumption that lead to the waste of natural resources. British yachtswoman Ellen MacArthur’s foundation promotes the adoption of circular manufacturing and consumption practices across multiple economic and industrial sectors. A number of corporations have become involved in circular projects.
Renault says it is the first carmaker to have developed an industrial system that will enable it to meet expected future mobility needs in the context of increasingly scarce natural resources. Renault claims it proves the benefit of implementing circular economy practices, generating 0.5 bn euros of revenue per year from recycling and remanufacturing operations
Groupe Renault and the Ellen MacArthur Foundation have embarked on a new series of commitments to the circular economy. Both partners believe in the benefits of transitioning from a linear economic model to a circular economy in order to preserve natural resources and ecosystems and secure the long-term future for companies like Renault.
Jean-Philippe Hermine, Groupe Renault’s Vice President of Strategic Environmental Planning, said: “We are delighted to be renewing our partnership with the Ellen MacArthur Foundation. We have been working together for seven years and are now exploring how to embed circular economy in our international operations. Some of Renault’s future projects include studies into extending our European remanufacturing model into other regions of the world, such as India, Brazil, Morocco and China, as well as continuing its deployment over the lifecycle of electric vehicle batteries and new mobility solutions.”
Dame Ellen MacArthur, Founder of the Ellen MacArthur Foundation said: “Renault was involved right from the beginning of the Foundation’s journey – when the circular economy was just emerging as a coherent framework. Since then, Renault has put a circular economy approach into practice, demonstrating the economic rationale through many examples. I am delighted that Renault will be continuing this journey with us.”
Renault says its experts engage regularly speak and meet with members of the Ellen MacArthur Foundation to seek out new technical solutions, processes and circular economic models, to liaise on strategic planning and the Groupe’s rollout of the Competitive Circular Economy programme, as well as raising awareness among employees and shareholders.
Editor’s note: Ellen MacArthur made yachting history in 2005 when she became the fastest solo sailor to circumnavigate the globe, and remains the UK’s most successful offshore racer ever. She stepped away from professional sailing in 2009 to launch the Ellen MacArthur Foundation following 4 years travelling the world and researching the challenges facing the global economy.