Analysis and Comparison of ESG Strategies and Their Impact on Sustainable Development Goals (SDGs) in the Automotive Industry: A Case Study of Renault and Volkswagen
DOI:
https://doi.org/10.14738/abr.126.17176Abstract
This study analyzes and compares the Environmental, Social, and Governance (ESG) strategies adopted by Renault and Volkswagen, focusing on how these practices are integrated into their global operations and their impact on the Sustainable Development Goals (SDGs). Renault and Volkswagen demonstrate significant commitments to reducing CO2 emissions and promoting sustainable practices. Renault focuses on expanding its electric vehicle lineup and improving energy efficiency, while Volkswagen emphasizes the goal of 100% renewable energy usage by 2025. Social initiatives include Renault's diversity and inclusion programs and Volkswagen's community development efforts. Both companies maintain strong governance systems to ensure transparency and ethics, aligning with various SDGs. This analysis highlights the different approaches each automaker takes towards achieving sustainability goals, reflecting their specific priorities and contexts within the automotive industry.
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Copyright (c) 2024 Luiz Thiago do Sacramento Bezerra, Zildomar Carvalho Santos, Manoel Alcides Caminha Mendes de Oliveira, Anderson Luiz Souza Moreira, Paulo Maurício Gonçalves Junior, José Mário Alexandre Melo Oliveira, Marco Antônio de Oliveira Domingues, Fernando Ferreira do Carvalho, Erika Carlos Medeiros, Marília Regina Costa Castro Lyra, Rogéria Mendes do Nascimento
This work is licensed under a Creative Commons Attribution 4.0 International License.