One of our biggest, and most significant, goals as a business is to achieve net zero emissions from our entire fleet by 2030. It’s something that we regularly talk about – and we are also recognised for the steps we’re taking to help the environment, such as our recent win at the GreenFleet Awards.
An important part of this journey is keeping track of how far we’ve come and exploring what’s next. That is why we have recently published our first Sustainability Report. It looks at our low-emission mobility goals, plus those for the other two pillars of our sustainability strategy – strengthening our contribution to societal wellbeing and reducing the environmental impact of our business itself.
We start with a scorecard review of our progress so far and how it compares with our targets. There’s clearly a long way to go, but we’re making headway. The report then goes into detail about what we’re doing, with research and analysis, plus case studies of particular projects in a range of countries – from the Netherlands and Portugal to the US, Mexico and India.
As Tex Gunning, our CEO explains:
“Climate change is the biggest challenge we face as humanity, and as road transport accounts for around 20% of global CO2 emissions, we’re determined to play our part. That’s why we want to achieve zero tailpipe emissions from our entire fleet of 1.9 million vehicles by 2030, starting with our employees’ vehicles. These are, of course, ambitious goals, which is why we’ve decided to publish our first-ever Sustainability Report. We want to be transparent with our customers, investors and other stakeholders, about how our zero-emission journey is going and where we can improve. Our mantra is simple: if it’s reportable, it’s measurable – and then we can be held accountable.”
Watch the video
Read the report
Notes to Editors
- The three pillars of LeasePlan’s sustainability strategy are:
- Shaping the future of low-emission mobility: LeasePlan is committed to taking a leadership role in our industry’s transition from internal combustion engines to alternative powertrains. This includes achieving net zero tailpipe emissions from its entire global fleet by 2030, as well as transitioning its employee vehicle fleet to BEVs by 2021 or as soon as local conditions allow. LeasePlan is also a founding partner of The Climate Group’s EV100 initiative, a global business initiative designed to fast-track the uptake of EVs and infrastructure among the world’s leading corporations
- Strengthening LeasePlan’s contribution to societal wellbeing: LeasePlan is committed to strengthening its contribution to societal wellbeing, with specific focus areas including: 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.
- Reducing LeasePlan’s environmental impact: LeasePlan is committed to developing policies, plans and targets to reduce its environmental impact. Focus areas include: reducing total CO2 kg/m2 emissions from LeasePlan buildings; increasing the proportion of renewable energy used in LeasePlan buildings; and reducing overall energy use (kWh per m2) in LeasePlan buildings.
- The LeasePlan Green Bond Framework is aligned with the Green Bond Principles and qualifies under the ‘clean transportation’ category. It 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). A Second Party Opinion was provided by Sustainalytics.
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LeasePlan is a leader in two large and growing markets: Car-as-a-Service for new cars, through its LeasePlan business, and the high-quality three-to-four year old used car market, through its CarNext.com business. LeasePlan’s Car-as-a-Service business purchases, funds and manages new vehicles for its customers, providing a complete end-to-end service for a typical contract duration of three to four years. CarNext.com is a pan-European digital marketplace for high-quality used cars seamlessly delivering any car, anytime, anywhere and is supplied with vehicles from LeasePlan’s own fleet as well as third-party partners. LeasePlan has more than 1.9 million vehicles under management in over 30 countries. With over 50 years’ experience, LeasePlan’s mission is to provide what’s next in sustainable mobility so our customers can focus on what’s next for them. Find out more at www.leaseplan.com/corporate.