Sustainability Report 2022

Arval governance

SUSTAINABILITY GOVERNANCE

FOSTERING A POSITIVE CULTURE

Our corporate responsibility approach is in line with BNP Paribas Group’s strategy.

Sustainability is at the heart of our strategy

Sustainability is a shared concern at all levels of the organisation. Our strategy is directly overseen by our Charmain and CEO, Alain van Groenendael and Arval’s Chief Sustainability Officer, Karen Brunot.

Our Chief Sustainability Officer oversees and implements Sustainability Governance at the international and local levels. Arval has established a cross-functional Sustainability committee to address the ESG topics (Environmental Social Governance).

A local committed community

In the 29 countries where Arval operates, we have successfully established local Sustainability ambassadors, forming an international community. In the G4 (France, Italy, Spain and the UK), each ambassador owns the country’s local Sustainability Steering Committee, sharing best practices, supporting regional strategies, and relaying critical insights. By meeting periodically, cooperating and sharing best practices, this community brings the vital energy needed to promote sustainability and responsibility inside and outside Arval.

From developing responsibility strategies to doing responsible business.

Engaging our employees in making responsibility an integrated part of everyday business is essential. Therefore, Arval has developed quantifiable KPIs to keep track of our progress. 2025 targets have been set for each KPI to ensure that sustainability remains a focus every day.

Last but not least, sustainability performance is part of our 3-year compensation plan, Arval’s Global Long Term Incentive plan.