Renault Foundation: 15 years of support for students
08 December 2016 09:30
The Renault Foundation, formed in 2001, is celebrating its fifteenth birthday this month. Its educational mission involves providing courses that address emerging employment opportunities, offering young people the prospect of successful career development in a global and multicultural business environment.
Five programmes addressing emerging employment opportunities
The Renault Foundation has a strong record for offering innovative training programmes that anticipate emerging needs for new skills. Its five current programmes address employment opportunities in sectors that hold substantial promise for future development:
- MBA in International Management (Paris Dauphine IAE Sorbonne – Renault Foundation),
- Master’s degree in Transport and Sustainable Development (École de Ponts ParisTech – Renault Foundation),
- Master’s degree in Electric Transport and Electric Vehicles (Paris Tech – Renault Foundation),
- Master’s degree in Road Safety Management (Saint-Joseph University Beirut, Lebanon – Renault Foundation),
- Degree in Electric Vehicles and Electric Transport (IUT Mantes la Jolie – Renault Foundation).
The programmes address young graduates from 12 countries worldwide. The Renault Foundation has forged long-term links with 42 higher education establishments in some of the countries it operates in: Japan, Korea, Brazil, France, India, Lebanon, Morocco, Algeria, Romania, Russia, China and Turkey. These schools and universities help the Foundation shortlist talented students for inclusion on its programmes. Since 2001 the Renault Foundation has worked with around fifty partners from among the world’s foremost centres of academic excellence to roll out its higher education programmes.
As Oliver Faust, director of the Renault Foundation and Renault’s corporate social responsibility chief explains, “over the past 15 years the Renault Foundation has provided guidance and support for no fewer than 950 talented young people from all over the world, enabling them to train at some of the world’s best higher education establishments. We’re proud of the results we’ve achieved so far and will continue to offer opportunities gauged to address emerging skills needs, and to work for equality of opportunity and intercultural relations”.
A springboard for the future
For the 2016-2017 academic year, 71 students of 16 nationalities have been awarded grants for one or another of the five Renault Foundation programmes. They’ll have the opportunity of alternating classroom study with fieldwork, at Renault sites in particular, and they’ll be offered fresh, often unconventional, perspectives on business practices in general.
Through active, long-term cooperation between the Renault Foundation and centres of academic excellence, the training programmes closely address important current and future social challenges. This greatly enhances employability for the programme graduates; in 2015, 96% of the students completing the master’s degree courses found employment within six months of graduating.
For Sarah, graduate from the Electric Mobility and Electric Vehicles course, “the course was ideal in rounding out my engineering qualification from Rabat in Morocco. It was an exceptional experience, that included time at some of the most prestigious schools in France“.
Renault Foundation, key figures since 2001:
Renault’s Corporate Social Responsibility Department
Renault formed its Corporate Social Responsibility (CSR) Department in 2009 to bring greater coherence and clarity for the CSR-related operations it was already running throughout the company.
Renault’s CSR policy seeks a balance between economic profitability, social responsibility, respect for the environment and community-consciousness, to contribute to development in the regions covered by the company, in liaison with all stakeholders and in full compliance with all applicable standards.
Renault has built up a network of CSR correspondents in 35 countries, who steer and support innovative operations addressing the four priority focuses of the company’s CSR policy: sustainable transport, to reduce the environmental impact of road transport; road safety, to ensure protection for all road users; and education and diversity with an emphasis on equal opportunity for all.
About Groupe Renault
Renault has been making cars since 1898. Today, it is an international group that sold more than 2.8 million vehicles in 125 countries in 2015. Groupe Renault employs more than 120,000 people, runs 36 manufacturing facilities, and sells its vehicles through 12,000 sales outlets worldwide. To address the major technological challenges of the future and pursue profitable growth, Renault has four primary focuses: international development; complementary coverage across its three brands (Renault, Dacia and Renault Samsung Motors); electric vehicles; and its alliance with Nissan. With a new Formula One racing team and high-profile involvement in Formula E, Renault sees motor sport as a powerful driver of innovation, image and brand recognition.