ALD Automotive
Climate Impact & Sustainability Data (2018-2019, 2021, 2023)
Reporting Period: 2018-2019
Environmental Metrics
ESG Focus Areas
- Shaping the future of low-emission mobility
- Strengthening its contribution to societal wellbeing
- Reducing its own environmental impact
Environmental Achievements
- Rolling out a full-package electric vehicle (EV) solution for customers in 12 countries worldwide. A growing proportion of the LeasePlan fleet is now EV, showing sustained customer engagement with the company’s zero-emission strategy
Social Achievements
- Increasing the diversity of its workforce; ensuring suppliers and business partners abide by the LeasePlan Supplier Code of Conduct; improving driver safety; improving the engagement of employees; and working to have a positive impact within the communities in which LeasePlan operates.
Governance Achievements
- Launching LeasePlan’s first Green Bond Framework, which will be used to finance or refinance the purchase Battery Electric Vehicles (BEVs). The EUR 500 million bond attracted more than EUR 3.5 billion of demand from around 260 investors
Climate Goals & Targets
- Achieve net zero tailpipe emissions from its entire global fleet by 2030
- Transitioning its employee vehicle fleet to BEVs by 2021 or as soon as local conditions allow.
Supply Chain Management
Responsible Procurement
- ensuring suppliers and business partners abide by the LeasePlan Supplier Code of Conduct
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- SDG 3
- SDG 9
- SDG 11
- SDG 13
The LeasePlan Green Bond Framework is anticipated that the proceeds will support the achievement of the United Nations Sustainable Development Goals ‘Good Health and Well-Being’ (SDG 3), ‘Industry, Innovation and Infrastructure’ (SDG 9), ‘Sustainable Cities and Communities’ (SDG 11) and "Climate Action" (SDG 13).
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Sustainable Mobility
- Responsible Employer
- Responsible Business Practices
- Reduction of Group's Environmental Footprint
Environmental Achievements
- Increased share of EVs in new passenger car contracts to 27% in Europe in 2021 (9 percentage points increase from 2020), significantly above the European market share of 19%.
Social Achievements
- Not disclosed
Governance Achievements
- Established a Green and Positive Impact Bond Committee composed of representatives from CSR, Finance, and Investor Relations departments to oversee the issuance process and ensure framework compliance.
Climate Goals & Targets
- Net-zero emissions by 2050 (commitment to SBTi).
- Reach 50% share of pure electric vehicles (BEV) by 2030.
- Increase the share of “EV” vehicles to 30% of deliveries in Europe by 2025.
Environmental Challenges
- Potential risks associated with assets funded for customers' use, such as emissions from manufacturing and vehicle use, and rare resources required in battery production.
- Some risks related to the Eligible Fleet are not under ALD’s control.
Mitigation Strategies
- Minimizing negative impact by providing new generation vehicles meeting the latest technology and high standards.
- Working with partners across the value chain to lower emissions and raise standards.
- Applying E&S Risk Management principles within ALD’s sourcing strategy (ESG criteria in tender specifications, ESG screening in supplier selection, CSR clauses in supplier agreements, continuous assessment of strategic suppliers).
Supply Chain Management
Supplier Audits: Continuous assessment of strategic suppliers (e.g., through Ecovadis)
Responsible Procurement
- ESG criteria in tender specifications and scoring criteria
- Screening of ESG criteria in KYS (Know Your Supplier) process
- CSR clause in supplier agreements
- Training program for key procurement contacts
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: UNEP FI’s Principles for Positive Impact Finance (2017), ICMA’s Green Bond Principles (2021), EU Proposal for a European Green Bond Standards, EU Taxonomy
Certifications: Null
Third-party Assurance: ISS ESG (Second Party Opinion), External Auditors (for annual reporting)
UN Sustainable Development Goals
- SDG 3 (Good Health and Well-being)
- SDG 9 (Industry, Innovation and Infrastructure)
- SDG 11 (Sustainable Cities and Communities)
- SDG 13 (Climate Action)
Supporting the development of clean transportation and the transition to a low-carbon future through the financing of electric vehicles.
Sustainable Products & Innovation
- New mobility services (mobility budgets, mobility as a service, vehicle sharing)
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Sustainable Mobility
- Climate Change Mitigation
Environmental Achievements
- 100% of the Green and Positive Impact Bond portfolio consists of Battery Electric Vehicles (BEVs), producing 0 emissions during the usage phase.
Social Achievements
- Not disclosed
Governance Achievements
- Updated Green and Positive Impact Bond Framework in 2022 with stricter eligibility criteria, aligned with UNEP FI’s Principles for Positive Impact Finance and ICMA’s Green Bond Principles.
Climate Goals & Targets
- Net zero objective by 2050
- 80% of new car deliveries in Europe being EVs in 2030, with 75% being Battery Electric Vehicles (50% EV deliveries in 2026).
- Not disclosed
Environmental Challenges
- Replenishing the portfolio due to vehicles coming off lease and divestments to meet antitrust requirements.
Mitigation Strategies
- Replaced 32% of the portfolio with new eligible BEVs, ensuring compliance with eligibility criteria.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: UNEP FI’s Principles for Positive Impact Finance (2017), ICMA’s Green Bond Principles (2021), EU Taxonomy
Certifications: Null
Third-party Assurance: ISS-ESG
UN Sustainable Development Goals
- SDG 9, SDG 11, SDG 13
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed