With its ‘Driving to Zero’ update, LeasePlan takes its sustainability ambitions to the next level.

In 2017, LeasePlan changed the fleet industry’s discussion on low emission mobility when it announced its ambition to achieve net zero tailpipe emissions from its funded fleet by 2030 through the uptake of electric vehicles (EVs). Since then, LeasePlan has made strong progress on its commitment, growing the total number of EVs in its fleet by 800%. Even so, the ever-worsening climate emergency, combined deeply entrenched social injustices, means that the time has come again for LeasePlan to set a new standard in the industry for doing what is right for the planet and our people.

“A real ESG revolution is underway,” says Mike Lightfoot, Chief Corporate Affairs & Sustainability officer at LeasePlan Corporation. “While this validates our industry leading strategy to transition our fleet to EVs, we need to make sure we remain on top of our stakeholders’ growing expectations in all areas of Environment, Social and Governance (ESG) issues, and actively work to address them as part of our broader sustainability efforts.”

With this in mind, at the UN COP26 meeting in Glasgow, LeasePlan introduced its new ‘Driving to Zero’ sustainability strategy update, which broadens its focus from car tailpipe emissions to all of today’s important ESG challenges. Key highlights of the update include a commitment to create science-based abatement pathways for all of LeasePlan’s GHG emissions and to formally integrate climate-related and environmental risks into our strategy, risk management framework and disclosures.

At the same time, LeasePlan is enhancing its strategy for Diversity, Equity & Inclusion (DE&I) with new initiatives for gender equality and a range of targeted policies to support LeasePlanners from minority groups, including an inclusive benefits policy for our LGBTQI+ colleagues. Lastly, LeasePlan is also introducing a new global ESG procurement charter to help drive up ESG standards right across the value chain.

“We hope that more corporates, including our colleagues in the fleet industry, follow our lead and take concrete action to build a more sustainable, inclusive world,” says Mike.

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