ZIKLO BANK (formerly Volvofinans Bank)
From an unsustainable to a circular business model in mobility
Volvofinans Bank faced a strategic challenge: its business model in the mobility sector was unsustainable in the long term. The bank had set out a vision and climate targets, but it was unclear how these targets were to be achieved, which caused concern within the organisation.

Solution
Xvii helped the bank analyse the current situation and develop a concrete strategy:
- Materiality analysis, including customer insights, for the entire business
- Define the company’s focus areas and two priority business areas
- Workshops and brainstorming sessions to identify business opportunities linked to sustainability goals
- Roadmap and action plan for the operational areas
Real benefits
Results
The work laid the foundations for the bank’s repositioning as Ziklo Bank, a player that actively contributes to sustainable mobility rather than being part of the problem. The project delivered a three-year roadmap comprising
:- Concrete initiatives for two business
areas – Both internal initiatives and new customer
offerings – A clear path from concern to action
– A strategic foundation for the bank’s repositioning towards sustainable mobility
Specific
initiatives for two business areas
Internal
initiatives and new customer offerings
Clear
the path from concern to action
Strategic
basis for the bank’s repositioning towards sustainable mobility
The bank had set out a vision and climate targets, but it was unclear how these targets were to be achieved, which caused concern within the organisation.

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