Strategy

With the publication of its Sustainability Report 2022, Arval highlights how it is contributing to the United Nations Sustainable Development Goals (SDGs) and progressing with the targets of Arval Beyond, its strategic plan for 2025. On this occasion, we ask Karen Brunot, Chief Sustainability Officer, about the company’s vision for shaping a better world, and find out how it is delivering on its objectives in terms of sustainability.

Arval and Element Fleet Management, through their Element-Arval Global Alliance, today announced that SIXT Mega Rent has become a new member of the world-spanning fleet management network, the longest standing strategic alliance in the fleet management and leasing industry for the benefit of clients with global needs. To date, partners of the Alliance manage more than 4 million vehicles under management and now operate in 55 countries across five continents.

Despite challenging environment and auto sector, Arval continued to grow in 2022, maintaining the positive momentum of previous years.

Arval, a global leader in full service vehicle leasing and new sustainable mobility solutions, announces two new appointments: Dan Boiangiu as General Manager of Arval Belgium, and Julie Meynard as Director of the Arval International Business Office (IBO). This, follows Laurent Loncke’s nomination as the new General Manager of BNP Paribas Fortis Retail Banking.

In 2022, Arval’s performance significantly outgrew the market despite a challenging environment and automotive sector.

Lightyear – the Dutch high-tech company producing the world’s first solar-powered electric car, Lightyear 0, – has signed a pre-order agreement with Arval, Europe’s #1 full service multibrand vehicle leasing company, and key player in sustainable mobility solutions owned by the BNP Paribas Group. The pre-order entails 10,000 units of Lightyear 2, Lightyear’s accessible mass-market model. With that, the company has a new go-to mobility partner for corporate clients and consumers to experience solar-electric mobility in Arval’s key markets in Europe. The grand total of Lightyear 2 pre-orders from B2B partners now exceeds 21,000 units, corresponding to a revenue of nearly €840 million. This news comes one week after Lightyear has opened the Lightyear 2 waitlist for consumers to get priority in the pre-order process later this year.

Arval, part of BNP Paribas Group, announces the completion of the acquisition of Terberg Business Lease Group B.V. (TBLG) in the Netherlands and Belgium by its Dutch subsidiary Arval B.V. (Arval), which was announced earlier this year. Arval acquires 100% of the shares from its shareholders Royal Terberg Group and AutoBinck Group.