Arval BNP Paribas Group
Arval BNP Paribas Group, founded in 1989, is a privately held financial services company specializing in full-service leasing and mobility, headquartered in Rueil-Malmaison, France, with over 7,764 employees globally.
Company Overview
Arval BNP Paribas Group is a prominent player in the Financial Services industry, specializing in Full Service Leasing and Mobility solutions. Founded in 1989, the company operates as a privately held entity with a significant workforce of 7,764 employees. The headquarters is located in Rueil-Malmaison, France, and the company has established a presence in multiple countries, including Sweden, Italy, Germany, and Brazil, among others. Arval is fully owned by BNP Paribas and is integrated within the Group’s Commercial, Personal Banking & Services division.
Sustainability Initiatives
Arval is committed to sustainability, aiming for all its countries to offer sustainable mobility solutions. The company has set a target to plant or regenerate one tree for each electrified vehicle leased. Additionally, Arval has established a sustainability strategy with key performance indicators, including a 35% average CO2 reduction per vehicle per kilometer by 2025. In recognition of its sustainability efforts, Arval received an EcoVadis Gold Medal in January 2024.
Products and Services
Arval offers a comprehensive range of vehicle rental solutions, including long-term leasing, short-term rentals, and mid-term rentals tailored for seasonal work and new business ventures. The company provides an all-in-one electric vehicle offer that encompasses leasing, maintenance, and charging services. Arval Connect, a telematics solution, helps clients manage total cost of ownership and supports the transition to energy-efficient vehicles. The Arval Mobility App serves as a Mobility-as-a-Service platform for planning and pre-booking multi-modal trips.
Global Presence
Arval operates in 29 countries and manages over 1.7 million leased vehicles as of December 2023. The company is a founding member of the Element-Arval Global Alliance, which oversees more than 4.4 million vehicles across 55 countries. Locations include major cities such as São Paulo, Warsaw, and Istanbul, reflecting Arval's extensive international footprint and capability to serve diverse markets.
Corporate Social Responsibility
Arval has launched the 1 Million Hours 2 Help philanthropy project, aiming for 30,000 solidarity hours by 2025. The company also encourages employee engagement in volunteering, with a goal of achieving 50,000 volunteering hours. These initiatives underscore Arval's commitment to corporate social responsibility and community involvement, aligning with its broader mission to support sustainable mobility.