The materiality matrix is essential for Arval to align our sustainability strategy to our stakeholders expectations. Arval provides Materiality Assessment Risk on a yearly basis, to determine future material risks and create action plans.
This methodology helps prioritise environmental, social and governance issues according to their importance in the eyes of different stakeholders. At Arval, this insight enables us to fine-tune our policies and ensure that our approach to ESG topics (Environmental Social Governance) remains relevant, in line with the EU Taxonomy Regulation, and as consistent as possible.
At the end of 2021, we conducted our study over a three-month period through qualitative and quantitative research, engaging all our internal stakeholders (Arval Executive Committee members, employees) and external ones (customers, suppliers, investors, partners and NGOs).
This immersive exercise helps us identify key topics (categorised from important to critical) and bring better visibility to our actions and their impact on our stakeholders. Working closely with our ecosystem has also played out as an opportunity to gain recognition for our efforts.
Three critical points have been identified as fully aligned with the BNP Paribas Group matrix: Carbon Footprint & Air Quality, Data Usage and Compliant & Ethical Company (you may find more on page 27 of the bnp_paribas_2021_integrated_report.pdf (bnpparibas.com).
Partnership in supplier relations
Responsible procurement
Compliant & Ethical company
Sustainable & Mobility
Support our customers in their energy transition
Customer satisfaction in the long term
Social protection
Education & Training
People engagement & Well-being
Diversity, Fairness & Inclusion
Accessibility for all to products and services
Philanthropy
Responsible governance
Innovation
Partnership & co-creation for sustainable mobility
Driver safety
Data usage
Protection of Biodiversity
Employee Empowerment for Sustainability
Waste management
Circular economy
Market Integration of Renewable Energy
Carbon Footprint & Air Quality
*Arval Materiality Matrix was conducted in 2021