Climate and Low-Carbon Transition

Objectives

• One new vehicle 100% electric out of 3 financed by end-2025.
• A 50% reduction in the carbon footprint of automotive financing by 2030 (vs. 2020)
• Being a leader in electric mobility in Europe.

Action Plan

1. A full range of rental products: long-term rental (LTR), lease with option to purchase, leasing for all durations, subscription, etc.
2. A pan-European geographical footprint, optimised digital tools and services, and recognised expertise in car financing.
3. Partnerships with leading electric vehicle manufacturers.
4. A comprehensive catalogue of related and innovative services such as electric charging stations, vehicle delivery, warranty extensions and maintenance contracts.

Results

• 37% of electrified vehicles financed by the end of 2024 (target: 50% by 2025)
• 24% of fully electric vehicles financed as early as 2024
• At the end of 2024 a 25% reduction in financed emissions (138 gCO₂/km compared with 185 gCO₂/km in 2020), achieving the target one year ahead of schedule

No single player can act alone: the success of the transition relies on collective mobilization

Philippe Drobinski – Institut Energy4Climate

Objectives

• €3bn in financing for energy renovation over the next three years

Action Plan

1. Develop partnerships in the energy renovation market and support professionals.
2. Make credit accessible to the widest possible audience and offer solutions tailored to our customers’ needs.

Results

• €270 million in photovoltaic loans granted to 16,000 households
• 20% of consumer credit in France in 2023 dedicated to energy renovation
• Sofinco Éco-Transitions: first projects delivered in 2024, with an extension planned in 2025 to support aging well at home

A fully structured value chain is needed to make renovation accessible to everyone.

Martin Lagane – ANAH

Objectives

• Establish new partnerships to promote more sustainable consumption.

Action Plan

1. Establish partnerships with circular economy players to expand our presence in leasing, refurbishment, and second-hand markets.
2. Integrate the used vehicle market while ensuring the traceability of financed assets.
3. Encourage more sustainable consumption by developing innovative solutions with our long-standing partners.

Results

• Success of Drivalia Future: over 1,000 vehicles sold in the first year
• Expansion of the model to four European countries by 2026
• Growth in the financing of refurbished products at Sofinco

Accessibility, reliability, and sustainability: Drivalia Future helps identify the most suitable solutions and optimize vehicle usage, supporting a circular economy approach.

Giovanni Innocenti – Directeur général d’Auto Inn

Objectives

• A 50% reduction in operational emissions by 2030 (vs. 2019)
• A 50% reduction in the carbon intensity of our automotive financing by 2030 (vs. 2020)

Action Plan

Our financing footprint

• Reduce the carbon intensity of our portfolio by promoting electric mobility.

Our operational footprint

• More accurately assess the footprint of our service procurement.
• Improve operational energy efficiency.
• Electrify our vehicle fleet.

Results

• 113,019 tCO₂ emitted in 2023 (Scopes 1, 2, and 3)
• An effective 3% reduction on a constant scope basis
• 48% of waste sorted, avoiding 17 tCO₂
• 6,507 tonnes of carbon credits generated through reforestation and agricultural transition projects (CARBIOZ platform)