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PHH Arval

Company: PHH Arval
Company Description: PHH Arval is one of the world's leading fleet management companies. Founded in 1946, PHH Arval provides integrated leasing, management and card payment solutions to thousands of corporate, government and service-related fleets, including nearly one-third of the Fortune 500 companies.
Nomination Category: Products & Product Management Categories
Nomination Sub Category: Best New Product or Service - Services

Nomination Title: PHH GreenFleet - an environmental program for corporate fleet vehicles

 

  1. Tell the story about this nominated product or service (up to 500 words). Describe its function, features, benefits, and sales to date. You may include hyperlinks to product photos and data sheets. IMPORTANT: Begin each link with http://, and enclose each link in square brackets; for example, [http://www.youraddress.com]:

    Cars and trucks spew tons of greenhouse gases (GHG) into the air every day. 
    Businesses throughout North America who operate fleets of vehicles to
    accomplish their sales, service, and delivery needs are concerned about the
    environment. And they should be – there are approximately 10 million U.S.
    vehicles registered to commercial vehicle fleets. These fleet vehicles are
    driven an average of 25,000 miles per year – nearly double the mileage, fuel
    consumption, and corresponding emissions of personal vehicles. We think there’s
    a better way.

    PHH Arval, a leading fleet management company that provides services to
    thousands of corporations and businesses, has partnered with Environmental
    Defense Fund, one of the nation’s leading environmental organizations, to
    develop PHH GreenFleet, a program to address the challenge of transportation-
    related greenhouse gas emissions.

    PHH GreenFleet has been hailed for its common-sense approach to helping
    corporations not just reduce GHG emissions from their company vehicles, but
    actually make their fleets climate-neutral. Other fleet management companies
    have since come out with environmental programs, but PHH GreenFleet remains the
    most comprehensive and successful.

    The linkage is simple: burning a gallon of fuel creates greenhouse gas
    emissions and costs money, so cutting fuel consumption will reduce pollution
    and fuel costs. PHH GreenFleet helps businesses achieve their environmental
    goals by:

    • Measuring and reporting on greenhouse gas emissions to demonstrate
    progress and improvements over time.
    • Recommending and implementing improvements in fleet vehicle selection
    that result in increased efficiency and lower emissions.
    • Improving vehicle use through driver training, telematics, and improved
    preventive maintenance.
    • Offsetting remaining emissions by investing in credible, third party
    verified greenhouse gas reduction projects.

    Results:

    PHH clients are not only reducing their fleet emissions, but also reducing
    their fleet costs. To date, more than a dozen clients with over 60,000 vehicles
    have been benefited from the program. Here are some specific examples:

    • Abbott, one of the world's leading health care companies, reduced its
    GHG emission by 4.2%, improved its fuel economy by 4.3%, and lowered its fleet
    costs 4.1%. In addition, the company announced that it will make its fleet
    climate neutral starting in 2008. The PHH GreenFleet initiative is part of
    Abbott’s ongoing corporate commitment to reduce GHG emissions by 10% by 2010
    (normalized by sales).

    • Infinity Property and Casualty Corporation, a leading nonstandard
    personal auto insurer, reduced its GHG emissions by 16%, improved its fuel
    economy by 25%, and reduced its fleet costs by 10%. In addition, it went
    climate neutral by purchasing greenhouse gas offsets for the remaining
    emissions. The offsets were purchased from a project in Chino, CA that reduces
    methane emissions from local dairy farms.

    • And in Canada, The Co-operators Group Ltd., the leading Canadian-owned,
    multi-product insurance company, recently announced its participation in PHH
    GreenFleet and expects to improve fuel economy by over 20%, without increasing
    fleet costs.

    PHH GreenFleet is all about helping corporations reduce their impact on the
    environment – and it works.

  2. List hyperlinks to any online news stories, press releases, product reviews, or other documents that support the claims made in the section above. IMPORTANT: Begin each link with http://, and enclose each link in square brackets; for example, [http://www.youraddress.com]:

    http://www.phharval.com/resources/articleReprints/usaToday041907.pdf
    http://www.phharval.com/resources/articleReprints/baltimoreSunReprint031107.pdf
    http://www.phharval.com/aboutPHHArval/mediaCenter/articles/phhGreensurvey07.html
    http://www.phharval.com/resources/articleReprints/af08_42Abbott.pdf
    http://www.phharval.com/aboutPHHArval/mediaCenter/articles/phhGreenfleetresults.html
    http://www.abbott.com/global/url/content/en_US/40.60.25.10:10/general_content/General_
    Content_00292.htm

  3. Provide a brief (up to 100 words) biography about the leader(s) of the team that developed this nominated product or service:

    Karen Healey, Director, Product Developoment

    Karen Healey is a Director of Product Management for PHH Arval. She is
    responsible for managing PHH’s information services and environmental products.
    As the leader of PHH's environmental initiatives, she has partnered with the
    Environmental Defense Fund to develop the PHH GreenFleet program. Before
    joining PHH in 2001, Ms. Healey worked for KPMG Consulting, leading marketing
    efforts around the organization's supply chain services. She has a B.A. from
    Arizona State University and an M.A. from Georgetown University.