Sustainability Report 2022

Foreword from Alain van Groenendael, Arval Chairman & CEO & Karen Brunot, Arval Chief Sustainability Officer

FOREWORD

ON TRACK WITH OUR SUSTAINABILITY AMBITION

Since the Arval Beyond strategic plan launch in 2020, we have striven to integrate sustainability into all facets of our business.

The challenging context characterised by the disrupted energy and semiconductor sectors, and the climate urgency, have reinforced the need to accelerate sustainable mobility more than ever.

Our 2022 year has been marked by new partnerships and creative approaches to tackle these challenges. It has enabled us to develop game-changing mobility solutions and accompany customers, consumers and companies, in their transition. The trust of our partners and customers showcase how our integrated model is unique to drive positive impact.

87,7% of our customers and 85% of our employees have acknowledged our environmental commitments. We are on track to reach our target of 700,000 electrified vehicles, and half of which as battery electric vehicles (BEVs)*, by the end of 2025. We already achieved 300,000 leased units including 90,000 BEVs at the end of 2022.

I can only warmly and sincerely thank all the 8,000 Arval employees who create the conditions for sustainable growth every day and contribute to a better future for all of us.

We remain committed to achieving our ambition and going the extra mile to support the transition of the society towards sustainable mobility.

Our integrated model showcases our uniqueness to drive positive impact as a trusted partner within our ecosystem.
Alain van Groenendael Chairman and CEO of Arval Group

*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.

FOREWORD

EMBEDDING SUSTAINABILITY IN OUR CORE BUSINESS

Corporate Social Responsibility is at the very heart of the Arval Beyond Strategy. Since its launch, tremendous progress has been made over three years, making Arval a recognised partner towards sustainable mobility.

We are living a fundamental economic transition, which has risen expectations especially from our customers and employees, in terms of flexibility and transparency to cope with a fast moving and uncertain environment. They need us to take care of them and provide easy and simple service.

Expert Advice has always been in our DNA. We are more than ever legitimate to support them to connect business, people and the planet while creating value.

To move forward & differentiate our approach, we contribute at empowering further our teams, wherever they operate. It means sustainability is living from the design of our products, to how we deliver our service, and to our relationship with customers and partners.

We aim at building long term trust with our stakeholders and stay one step ahead. This is one of my primary objectives as Chief Sustainability Officer.

We aim at building a long term trust with our stakeholders and stay one step ahead.
Karen Brunot Chief Sustainability Officer of Arval Group