ALD Automotive

Green Bond on an vehicle fleet.

Objectives

  • ALD Automotive has set up a Green Bond Framework to finance (or refinance) a fleet of eligible vehicles.
  • Their fleet includes : Electric Vehicles (EV), Plug-in Hybrid Vehicles (PHEV) & Hybrid Vehicles (HEV), operated in 22 countries, worldwide.
  • In this context, the objectives for ALD Automotive were to be able to:
    • demonstrate the environmental impacts savings of the eligible vehicle fleet for its Green Bond issuance,
    • and assess autonomously the environmental impacts of the eligible vehicle fleet for its yearly CSR reporting.
ALD_Automotive

Quantis’ Solution

  • Quantis developed a robust methodology for assessing vehicle fleets’ environmental impacts.
  • Quantis developed a tailor-made tool adapted to ALD Automotive’s needs.
  • Quantis’ expertise on vehicles’ Life Cycle Assessment provided valuable insights on understanding environmental impacts.

Sound metrics for a successful bond issuance 

Key Results

  • A robust and transparent methodology based on state-of-the-art guidelines and environmental databases
    • Positive impact bond framework
  • A tool that allows the definition of Green Fleet (selection by fuel type, country, segment)

ALD Automotive’s actions

  • European roadshow with a positive reception by sustainable investors
    • Positive impact bond presentation
  • Successful issuance of positive impact 500MEuros bond to finance green fleet (14K+ vehicles) on October 5th, 2018

Areas of expertise

Sector

  • Finance
Contact us

“Throughout the process, the Quantis team understood our needs, showed a high degree of flexibility and delivered according to plans. The tool gave us robust metrics assessing life-cycle impact of our fleet across many technologies and geographies. It strongly supported the rationale behind the bond emission and will open the way to a broader internal usage”

Stéphane Renie, Head of Corporate Social Responsibility 
ADL Automobiles 

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