Arval is committed to providing its services responsibly. By actively minimising its carbon footprint, Arval reduces its environmental impact while maintaining cost control, and in the long term generating savings. This ambition is supported by actions that improve of the energy efficiency of its buildings and the sustainable mobility of its employees, as well as raising their awareness. Measurement of energy consumption and greenhouse gas emissions from Arval’s own operations (Direct Emissions, Scope 1), indirect emissions from energy purchases (Scope 2) and indirect emissions from its employees’ business trips (Scope 3) has been in place since 2013. Targets are set in intensity per full-time equivalent employee (FTE) and are aligned with those of BNP Paribas, i.e. an intensity of less than or equal to 1.85 tCO 2 e 1 / FTE in 2025. To support achieving this target, Arval rolled out a new employee mobility policy in 2023, aiming for 100% battery electric vehicle at order by 2026 for its internal fleet. The share of renewable electricity consumed by Arval in 2024 was 43.7%. This electricity comes either from the purchase of renewable electricity certificates, known as «Power Purchase Agreements» («PPAs»), or from the direct consumption of renewable energy produced by the Group’s buildings. These measures make it possible to limit the CO 2 e emissions associated with the Group’s electricity consumption, a reduction accounted for in the market-based 2 approach. For Arval, these amounted to 8,908 tCO 2 e in 2024, a reduction of 3,513 tCO 2 e over the year, compared to the location-based calculation. I OWN OPERATIONS DECARBONISATION INITIATIVES How Arval is decarbonising its own operations BNP Paribas, a Green Company for Employees A complete programme that puts employees in the lead. +400 employees experience electric mobility as part of the “e-Test Drive Arval Brazil” program. Arval’s own operations policy to reduce its impact: Arval has defined a methodological approach, using the following hierarchy of principles: 1. Energy sobriety (adapting use to reduce demand) 2. Energy efficiency (producing, transporting and using energy more efficiently) 3. The use of low-carbon energy, and in particular renewable energy 2024 performance: 1,46 tCO 2 e / FTE. Germany The transformation of the Oberhaching mobility hub: 47 electric vehicle charging stations and many more to come. Mobility & travel policies Arval policies promote low- emission commuting and business travel for employees. + Read More + Read More + Read More + Read More + See policy and trajectory per FTE in details + See policy and trajectory per FTE in details + Read More + Read More (1) Carbon dioxide equivalent or CO 2 e means the number of metric tons of CO 2 emissions with the same global warming potential as one metric ton of another greenhouse gas (2) Location-based method: This approach uses the average emission factor of the region or country where the electricity is consumed. For example, if the electricity consumption is in France, the company can use the emissions intensity of te French energy mix, which is mainly nuclear. Market-based method: this approach reflects the greenhouse gas emissions of the electricity that the company has chosen on the market. This means that scope 2 greenhouse gas emissions will depend on the scope 1 carbon intensity of the electricity provider. (3) Arval fleet leased for the benefit of its employees and at the expense of Arval, worldwide excluding Latin America, Morocco & Turkey. (4) IT: Information technology Arval has been committed to a methodological approach of continuous improvement since 2012. Arval’s own operations greenhouse gas emissions at the end of 2024 were 1.46 tonnes of CO2 equivalent per full time employee, aligned target of achieving a level less than 1.85 tCO2 per full time employee by the end of 2025. Arval Mobility Policy Arval rolled out a new employee mobility policy in 2023, aiming for 100% Battery Electric Vehicle at order by 2026 for its internal fleet used by its employees3. This fleet (all countries excluding Latin America, Morocco and Turkey) reached 96% of Battery Electric Vehicle at order in 2024, and 57% within its existing fleet. Moreover, mobility guidelines were released to promote the adoption of alternative mobility. In addition, Arval has deployed the following BNP Paribas initiatives: Green building programme: BNP Paribas real estate operations (IMEX) coordinate a process for improving the operation of sites in France and beyond, including Arval’s, to reduce their environmental impact. The carbon footprint reduction plan for buildings in France has three levers: • The continuous improvement of the energy performance of buildings via a monitoring tool that centralises the energy consumption data of 90% of the portfolio. • Works and investment plans to modernise and improve the efficiency of installations (heat pumps, LED lighting, façade insulation, roof repairs, etc.). • Raising employee awareness on uses of buildings (offices, bank branches, data centres) daily. Sustainable Digital programme: BNP Paribas Group, including Arval, has implemented a Sustainable Digital programme that defines ten global principles within the IT4 Charter. These principles focus on calculating the environmental footprint, rationalising equipment for energy efficiency, using low-carbon energy, and raising awareness among IT teams on environmental issues. Arval’s own operations policy to reduce its impact This BNP Paribas’ initiative, launched at Arval in 2020, aims to accelerate the reduction of Arval’s direct impact on the environment by giving a central place to the participation of all employees. How does Green Company for Employees work? • A participatory approach to defining priorities (Flagships): in collaboration with key stakeholders. • Sharing commitments with all the Group’s businesses and subsidiaries, and identifying the most relevant and impactful initiatives for employees. • Organisation of events and workshops. What are the priorities of the Green Company for Employees programme? • Promoting sustainable mobility: through this flagship initiative, Arval strives to reduce the environmental impact of all employee travel. • It sets six commitments for travel policy: - Reduce the environmental impact of business travels via the Group’s travel policies. - Develop and promote remote-communications methods. - Put in place car -and bicycle-sharing- solutions at work. - Encourage carpooling, especially for commuting. - Put in place facilities at work for green vehicles. - Make it easier for employees to purchase a green vehicle through special rates/discounts. • Banning single-use plastic: the goal is to remove all disposable plastic items from work and eating areas, with a focus on food and drink containers. • Digital sustainability: to succeed in Arval’s sustainable digital transition, we focus on measuring its digital footprint, collaborating with its suppliers and raising awareness among internal and external stakeholders. • Sustainable food: we focus on responsible sourcing, fighting against food waste, recycling, and raising awareness of environmental and health impact. BNP Paribas, a Green Company for Employees initiative Arval Brazil held two webinars to promote electric mobility within BNP Paribas Group, attracting more than 400 employees. Two participants of a quiz won a 30-day test drive of the BYD Dolphin at the end of the webinar through Arval Brazil’s e-Test Drive programme. Raising internal awareness on BEV mobility for 400 employees in Brazil Mobility Policy At the end of 2023, Arval published a mobility position paper, providing recommendations for implementing sustainable mobility solutions for employees. Local policies in various regions are integrating these guidelines and adapting them to local regulations and alternative mobility infrastructure and maturity. These policies encourage low-emission commuting through mobility passes, bike-sharing mobility hubs, commitments to battery electric vehicles for its internal fleet, and facilitating charging at work. Travel PolicyArval follows the Group travel policy, which includes several principles for reducing the carbon footprint when travelling for work: • Travel by train where possible. • Include CO2 emissions in the “best buy” approach for car rentals. • Combine trips and accommodate multiple meetings. • Consider virtual meetings where appropriate. Mobility & travel policies