Sustainability Report 2022

Pillar 4 : The environment

SMART MOBILITY FOR SMARTER COMPANIES

Actions Key Performance Indicators 2022 progress 2025 target SDGs(1)
“Electrified*“ vehicles share in our leased fleet

“Electrified*“ vehicles share in our leased fleet

Key Performance Indicators

Number of “Electrified“ vehicles leased

“Electrified*“ vehicles share in our leased fleet

2022 progress

296,700

“Electrified*“ vehicles share in our leased fleet

2025 target

700,000

“Electrified*“ vehicles share in our leased fleet

SDGs

(1)

7. Affordable and clean energy

7. Affordable and clean energy

12. Responsible consumption and production

12. Responsible consumption and production

13. Climate action

13. Climate action

Actions

Number of BEV vehicles leased**

Key Performance Indicators

90,000

2022 progress

350,000
Reducing CO2 of our leased fleet

Reducing CO

2

of our leased fleet

Key Performance Indicators

% of the average CO2 reduction per vehicle per km vs January 2020

Reducing CO

2

of our leased fleet

2022 progress

-12.6%at end of Dec. 2022

Reducing CO

2

of our leased fleet

2025 target

- 35%***
Green Energy management and retail (including Vehicle to Grid****)

Green Energy management and retail (including Vehicle to Grid****)

Key Performance Indicators

% of “Electrified“ vehicles connected to Vehicle to Grid (V2G) ecosystem

Green Energy management and retail (including Vehicle to Grid****)

2022 progress

-

Green Energy management and retail (including Vehicle to Grid****)

2025 target

10%

(1) SDG N°7: Affordable and clean energy / SDG N°12: Responsible consumption and production / SDG N°13: Climate action

*Battery electric vehicles (BEVs), hybrid vehicles (plug in and full hybrid);

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

*** 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 a NEDC-WLTP correlation internal study, to ensure comparable stringency;

****Vehicle to Grid (V2G) is a technology that enables energy to be pushed back to the power grid from battery of an electric car

A FAVOURABLE TAX FRAMEWORK FOR CHANGE

Governments are changing their tax incentives in favour of more sustainable technologies; low Emission Zones are being introduced while electric charging infrastructure is growing.

Fleet decisions around powertrains have gone beyond functionality, performance, and costs to include CO2 emissions and ethics criteria to ensure a future-proof car mobility.

In 2022, the Arval Mobility Observatory undertook an independent study in cooperation with Ipsos on Employee mobility, current practices and expectations of employees regarding their company’s mobility services. More than 2,900 employees were surveyed across 6 European countries. This survey demonstrates that offering mobility solutions to employees is a way for companies to improve attractiveness and benefit in terms of talent retention.

FOCUS

SNAPSHOT OF THE RESULTS

Belgium and the Netherlands are the most developed in terms of offering mobility solutions to employees: in Belgium, 80% of employees have at least one mobility service offered within their company and 75% in the Netherlands, with an average of 2.5 mobility services available.

However, all employees express high expectations in terms of mobility regarding their companies.

92% of employees would appreciate at least one mobility service to be provided or to be maintained by their company, the most requested being a mobility budget and a company car with related services: 76% of employees have expectations concerning partial coverage of energy fuel expenses, 73% regarding mobility budget, 72% for partial coverage of public transport expenses.

Companies’ mobility offer is a clear driver of employer attractiveness.

Mobility is an essential factor for employees when choosing their company.

66% of employees consider the mobility solutions offered by their future companies to be an important criterion. This requirement is important for 76% of employees who plan to leave their jobs in the upcoming six months.

The proposal of mobility solutions strongly increases employer attractiveness. Respectively 82% and 78% of employees think that a company would be more attractive if mobility budget and company cars were a part of a job’s package.