BNP Paribas moves towards the mobility of the future

The mobility of tomorrow will be sustainable

We can’t go backwards. According to the World Bank, transport is responsible for around 20% of the planet's CO2 emissions, although this figure varies depending on the level of development of countries. In France, with 30% of emissions, transportation is the largest emitter. Sustainable mobility (that is, mobility that emits little pollution, with a lower climate impact and a better quality of life) is therefore crucial.

This priority has not escaped the attention of economic players: Companies, governments and local authorities are mobilised to work together on the mobility of the future and to imagine concrete action levers. On 7 and 8 December, this co-construction took the form of the "Movin'On LAB Zero-emission Mobility powered by Capgemini" operation. (See below.)

Today in particular, there is a real opportunity emerging as the international context has become more favourable to collective participation in light of the Covid-19 crisis increasing awareness in unprecedented ways.

Companies, governments and local authorities are mobilised to work together on the mobility of the future.

Movin'On’s Zero-emission Mobility workshops: BNP Paribas mobilises its troops

Movin'On is the leading international co-innovation ecosystem for sustainable mobility. Its goal? Bringing companies, cities, civil society and governments together to define the transition to sustainable mobility. This collective work plays on synergies rather than competition. The workshops or sessions organised in Paris on 7 and 8 December 2020 are aimed at speeding up the construction of concrete solutions that can help organisations make their own transition. BNP Paribas Arval, BNP Paribas Personal Finance, BNP Paribas Cardif, Leasing Solutions, CSR and CIB are all involved in this unique partnership.

Actions for the mobility of tomorrow

Supporting BNP Paribas customers towards sustainable mobility is part of our Group's CSR commitments and is already taking root in all of our businesses.

The role of finance in the development of sustainable mobility is measured in particular by the success of green bonds issued by automotive groups such as Daimler, Volvo and Motus in conjunction with CIB. Investor and consumer expectations for a more responsible economy are now guiding the content of the products and services we offer. This is notably the case for the new partnership signed between BNP Paribas Personal Finance (Cetelem in France), the European leader in the financing of individual projects, and Evollis, a major player in the leasing of capital goods, to accelerate the cycle and electrical mobility.

But sustainable mobility does not stop there. It requires taking the time to analyse the existing one in order to project into the future, as Arval, a specialist in vehicle leasing for companies, does through the Arval Mobility Observatory. A reference in the sector and the source of fundamental strategic analyses such as hydrogen as a storage solution for electric vehicles or the opportunity of connected tools such as Mobility as a Service.

On the road to sustainability

An exciting feature of mobility is that it concerns all types of players, all sectors and all countries around the world. From vehicle propulsion to even improving road safety, mobility is a collective issue that calls for transversal responses. The Movin'On summit, mentioned above, clearly addresses this challenge. The same logic led BNP Paribas Cardif to join Michelin, Colas, and CGI in the Better Driving Community. Together, they think about how data and AI could reduce road accidents.

Jonathan Huygue, an expert on mobility ecosystem at BNP Parbias Fortis, summed up this positioning and our responsibility as a major banking and financial group during their Mobility Week: “This is a challenge that we all have to meet together and where the bank has a role to play, helping our customers to move towards sustainability through new insights, advice and solutions.”