Sustainability Report 2022

Arval Sustainability strategy

OUR SUSTAINABLE

MOBILITY STRATEGY

Our goal remains clear. We inspire to impact positively the society and demonstrate that as a trusted mobility provider, we can be part of the solution.

A long-standing commitment, an ambitious future

With the support of the BNP Paribas Group, Arval demonstrates year-in / year-out its capacity to push the boundaries of full-service leasing through its expertise, passion and willingness to challenge its own practices. In three decades, Arval has strengthened its position as a major player of the mobility sector and positively influenced mobility habits through innovation and collaboration with its stakeholders.

8.3% growth in 2022 including acquisitions(1)

Determined to make a positive impact

Sustainability is firmly embedded in Arval’s corporate strategy. It is about designing and rolling out responsible mobility solutions for employees, customers and drivers worldwide that are not only reliable, but sound and practical. This implies embracing electrification, accelerating our switch from fossil fuels, pedagogy to drive adoption of new habits, services to make it easy to use and anticipating the expectations of tomorrow.

Sustainability in a nutshell

Sustainability covers all the practices initiated by companies and organisations that support the ESG principles (Environmental Social Governance) as well as sustainable and responsible development in each part of their business.

(1) Growth rate at YE 2022, vs YE 2021. Organic growth is +5.5% at YE 2022, vs. YE 2021, excluding the acquisitions of TBLG and of the operating lease activities of BCR in Romania;

RESULTS SPEAK LOUDER THAN WORDS

ARVAL BEYOND

Arval Beyond strategy is a five-year plan that encompasses our renewed ambition: strengthening our historical business model and going beyond it to become the industry benchmark towards sustainable mobility. Arval is determined to deliver an integrated mobility experience in line with its communities’ evolving expectations, to support our customers in their energy transition, simplicity through connected and to offer flexible solutions, and co-build value with its partners.

After three years, we are on track to achieving our 2025 targets.

Arval Beyond - A four-dimensional Transformation Plan

  • OFFERS
  • CUSTOMERS
  • LEVERS
  • PASSIONS

OUR OBJECTIVES AT THE END OF 2025

DRIVING THE ENERGY TRANSITION

700,000 electrified vehicles(2) in our leased fleet (half of which as battery electric vehicles(3))

EMBEDDING SUSTAINABILITY IN OUR BUSINESS MODEL

100% of countries offering sustainable mobility solutions(4)

EMPOWERING OUR TEAMS TO ACT FOR GOOD

30,000 volunteering hours accomplished by Arval employees

PROMOTING GENDER EQUALITY

40% of women in all Arval executive committees in all our countries

REDUCING THE CARBON FOOTPRINT OF OUR FLEET

-35% average CO2 reduction per vehicle per km(5)

(2) Electrified vehicles including battery electric, plug in and full hybrid, representing 35% of our leased fleet in 2025;

(3) The 2025 ambition assumes similar or better supporting measures from the relevant governments on battery electric vehicles, as well as charging infrastructure & supporting services being further upgraded;

(4) Car sharing, MaaS app, bike leasing (see page 12 on Sustainable mobility offers/Pillar 1/The economy);

(5) Average emissions of CO2 are calculated as a weighted average of the Arval entities’ fleet (Passenger cars and LCVs). In a context of regulation change (NEDC, WLTP), the CO2 emissions will be adjusted to the WLTP, making use of the results of an NEDC-WLTP correlation internal study, to ensure comparable stringency. The calculations are made starting January 1st 2020 vs December 2025.