Sustainability Report 2022

Pillar 4 : The environment

NEW EXPECTATIONS, BETTER INTERACTIONS

“The status quo has been challenged to its roots.”
Bart BeckersChief Commercial Officer & Deputy CEO of Arval Group

How have the covid-19 pandemic, semiconductors and energy crises impacted mobility trends and customer expectations?

The status quo has been challenged to its roots. Companies are testing new ways to organise work. Do we still need to commute? Everyday? Occasionally? More and more, organisations are striving to identify hybrid solutions to reduce workspace, contribute to the well-being of their employees and support their sustainability ambitions. Mobility is at the heart of these issues. The question is not only about accelerating electrification but also deploying truly adapted policies that meet the specific needs of each organisation, including alternative solutions such as bicycles, car-sharing or electric scooters. Our challenge is to provide customers with the relevant expertise to design the right policy and develop the adapted infrastructure.

What does it change to Arval’s interaction with customers?

This context, combined with the rapidly evolving regulatory environment favouring the energy transition, creates many opportunities for us to bring life to our now mature vision of sustainable mobility. We are implementing mobility hubs and car-sharing solutions while electrifying fleets at a higher tempo despite current semiconductors shortage. Also, we are increasingly encouraged to team up with the expertise within the BNP Paribas ecosystem - such as BNP Paribas Real Estate - to deliver solutions from multi-layered and complex briefs.

Just transition

Making the switch to electrified vehicle affordable to all

The take-home salary boost available to employees who are able to switch from a petrol or diesel to an electric company car could help counteract cost of living pressures for them.

“What we are seeing is both individual drivers and entire fleets, which may have been slow to electrify, suddenly find impetus, which very much fits in with our stated corporate strategy of supporting our customers’ transition to electrified vehicles as soon as possible. And by employers enabling more employees to access electric cars through salary sacrifice*, it’s also a more inclusive approach for all employees.”
Joel Lund Commercial Director at Arval UK

*The Arval Ignition salary sacrifice arrangement is one of the simplest and most affordable ways for employees to drive a brand new electric car. The employer leases the car and deducts the payment before tax from the employee’s salary. The employee therefore saves the tax on the monthly payment while there also National Insurance savings.