at the heart of our strategy
Driving the positive economy
At Arval, we believe in shared, sustainable mobility – and we strive to make it a reality for our people, our customers, and society as a whole.
The concept of mobility is central to both our business and many of today’s most urgent challenges, including environmental protection, congestion and accessibility, the future of cities, and quality of life. That’s why we place it at the heart of our strategy, supporting our clients in every way we can to optimise their mobility mix and succeed the energy transition.
A long-standing commitment
We believe it is essential to be proactive, setting the standard by leading the way. Back in 2004, Arval was the first full-service leasing company to sign the United Nations Global Compact. Today, the UN Sustainable Development Goals (SDGs) are at the heart of what we do. We focus our efforts on the SDGs closest to our activity so we can be effective in contributing to a better future for all.
In line with the BNP Paribas Group, our Sustainability strategy now centers on 4 pillars: The Economy, Our People, The Community, and The Environment. Within these pillars, we have identified 12 engagements and 25 actions. To track our progress, we have identified Key Performance Indicators. Concretely, each action has a quantifiable target to reach by 2025.
Our Sustainability Strategy 2020-2025
Among the KPI’s outlined in our sustainability strategy, we have selected 5 key KPI’s:
- 700,000 electrified vehicles* in our leased fleet, half of which as battery electric vehicles (BEVs) **
- 100% of Arval countries offering sustainable mobility solutions***
- 30,000 volunteering hours accomplished by Arval employees
- 40% women in all Arval Executive Committees in all Arval countries
- - 35% average CO2 reduction pr. vehicle pr. km of our fleet****
* Electrified vehicles including battery electric, plug in and full hybrid, representing 35% of our leased fleet in 2025;
** The 2025 ambition assumes similar or better supporting measures from the relevant governments on battery electric vehicles, as well as charging infrastructure & supporting services being further upgraded;
*** Car sharing, MaaS app (Mobility as a Service), bike leasing
**** Average emissions of CO2 are calculated as a weighted average of the Arval entities’ fleet (Passenger cars and LCVs). In a context of regulation change (NEDC, WLTP), the CO2 emissions will be adjusted to the WLTP, making use of the results of an NEDC-WLTP correlation internal study, to ensure comparable stringency. The calculations are made starting January 1st 2020 vs December 2025
One of our key missions in terms of sustainability is to accompany our customers by helping them build their energy transition strategies, and support them in implementing alternative mobility solutions via our SMaRT approach (Sustainable Mobility and Responsibility Targets).
We also aim to be a positive agent for change in society, by actively promoting road safety through eco-driving sessions and educational programmes, as well as helping to prepare for a greener future by enabling sustainable mobility for all. Our ethical responsibilities are equally important: we adhere to the BNP Paribas Group’s strict Code of Conduct. Many Arval countries are also certified ISO 9001, which proves the quality of our management system and ISO 14001, a recognition of our efforts towards the environment.
Ultimately, our sustainable strategy is about having a positive impact on society and the world. It’s a cause we can all relate to – and one we can all make a reality by working together.
Arval has formalised a ‘company sustainability purpose’ that serves as a reminder of its mission and ethics. It also explains how Arval takes societal challenges into account in its operations as well as emphasising its ambition to be a leader in sustainable mobility.
ARVAL GROUP REWARDED WITH A SILVER ECOVADIS RATING IN FEBRUARY 2023
Arval has been rewarded a Silver medal recognizing our sustainability efforts and achievement by EcoVadis.
With a score of 68/100, Arval is positioned among the top 10% best companies and in the 92 percentile compared to other companies in its industry rated by EcoVadis.
About EcoVadis: EcoVadis operates a web-based collaborative platform, scoring companies' sustainability performance by assessing their policies, actions and results, as well as inputs from third-party professionals and external stakeholders.
Companies are assessed on 21 sustainability indicators, which are divided into four themes: Environment, Labour & Human Rights, Ethics and Sustainable Procurement.
1 ELECTRIFIED VEHICLE* = 1 TREE: AN AMBITIOUS INTERNATIONAL BIODIVERSITY PROJECT
1 ELECTRIFIED VEHICLE = 1 TREE: AN AMBITIOUS INTERNATIONAL BIODIVERSITY PROJECT
Arval is expanding its first international biodiversity project launched in 8 Arval countries in 2021 to all remaining countries where the company is operating, in 2022. One tree will be planted for each electrified (electric and hybrid) vehicle leased by Arval. Local projects have been identified in 17 countries while the remaining 11 countries will be contributing to a global project in Peru. The objective is to promote local biodiversity and engage employees as well as Arval customers. By the end of 2025, Arval’s ambition is to have financed more than 700,000 trees in line with the Arval Beyond strategy.
Arval is helping to restore forests withReforest’Action, which is in charge of overseeing and planting the trees.
For more information and to follow our journey with us,
please visit: https://www.reforestaction.com/en/arval-bnp-paribas
*electric and hybrid
A LONG-STANDING COMMITMENT TO GLOBAL COMPACT
ARVAL CONFIRMED AS AN ACTIVE MEMBER IN 2022, BY THE UNITED NATIONS, CONTRIBUTING TO THE SUSTAINABLE DEVELOPMENT GOALS FOR A BETTER FUTURE
Arval is part of a sector in which innovative and sustainable solutions are integral to every part of the business.
In 2015, the United Nations adopted 17 Sustainable Development Goals (SDGs) to be achieved by 2030. The goals cover topics ranging from ending poverty to fighting inequality and protecting the planet, but they share a common objective: to create a better future for all. It is a global call to eradicate poverty, inequality and injustice, to protect the planet and to get human beings to live in peace and prosperity by 2030.
Being proactive is an essential part of Arval’s approach. Arval wants to set the standard by leading the way. Back in 2004, Arval was the first full-service leasing company to sign the United Nations Global Compact. Today, the UN Sustainable Development Goals (SDGs) are at the heart of what Arval does and its commitment is stronger than ever. End of April, Arval decided to confirm its status as an Active Member by publishing its Communication On Progress Report on the United Nations Global Compact website Arval Service Lease SA – Arval CSR and COP REPORT 2022 | UN Global Compact.
1 MILLION HOURS 2 HELP - THE FIRST PHILANTHROPY PROJECT AT ARVAL
In September 2018, BNP Paribas Group signed an agreement on Fundamental Rights and Global Social Framework with UNI Global Union, that promotes fundamental rights for employees and establishes a common social framework for close to 190,000 employees of the BNP Paribas Group in 65 countries.
As part of this agreement, the Group undertook to contribute to a more sustainable and more equitable world, in particular with the aim of reaching a total volume of 1 million paid solidarity hours at Group level by devoting a part of their working time to build a more inclusive and environmentally-aware world.
At Arval, the programme was launched internationally in September 2020. Arval Philanthropy is part of our sustainability strategy, through Engagement #9: “Sustain Corporate Philanthropy actions related to our core business”.
The 1 Million Hours 2 Help (1MH2H) programme is the 1st Arval Corporate philanthropic. The objective is to reach 30,000 solidarity hours performed by employees in all Arval countries during their working time, by 2025. By 2022 the objective has already been achieved with a total of 32,799 hours performed by Arval employees between 2022 and 2022.