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Fleet Finance Sponsored by Fleet Finance News Fleet Alliance achieves carbon neutral status Published: 9th December 2024 Share Glasgow-based fleet management and leasing specialist, Fleet Alliance, has achieved carbon neutral status after implementing a series of carbon-saving green initiatives that have reduced its carbon footprint to zero. To achieve carbon neutral status, Fleet Alliance has reduced its corporate energy consumption by 57%, including switching its energy supplier to a renewables-only business where the majority of power is generated by wind. And, with regard to its own fleet, the company switched completely to electric vehicles in 2021, and has since introduced a zero emission policy for all employee salary sacrifice cars. These initiatives, plus a host of smaller ones, have contributed to a 90% reduction in the company’s carbon emissions. The final 10% has been achieved through carbon offsetting, employing three schemes within the United Nations’ 17 Sustainable Development Goals which have been selected by staff as part of the company’s ‘Fleet Alliance Loves’ outreach programme. These schemes have collectively saved 28 tonnes of CO2 from being released into the atmosphere and have been the final step in the company achieving the desired carbon neutral status. In measuring its achievement, the company has followed the reporting levels of the global Greenhouse Gas Protocol which has three levels or Scopes. Through its environmental efforts to date, Fleet Alliance has now covered Scope 1 emissions which are those that it is directly responsible for and Scope 2 emissions which are those that it is indirectly responsible for, such as the generation of purchased energy. Fleet Alliance CEO, Andy Bruce, commented: “It’s not a legal requirement for our company, but we believe carbon neutrality is essential to our business as a sustainable mobility provider. “Put simply, we have to turn the clock back on carbon emissions – or continue to face further and more ferocious natural disasters of the type that we have seen across the world recently.” Bruce said carbon neutrality at a corporate level could help the Government in attaining its 2050 Net Zero targets. “Corporate carbon neutrality can play a part in the UK Government’s ambitions for 2050, part of which is the Zero Emission Vehicle (ZEV) mandate, which lays down the proportion of cars and vans that must be zero emission each year. “This is something we very much support through our client fleet management policy that encourages EV take up and our EV salary sacrifice programme for greater encouragement of Environment, Social and Governance (ESG) programmes.” Bruce said that despite achieving carbon neutrality status, the business would continue its efforts to further reduce carbon emissions. “Our efforts to reduce carbon do not end here as we plot our path towards net zero and we will include Scope 3 emissions as part of our reporting. “Scope 3 emissions are those that we are indirectly responsible for up and down the value chain – such as the supply of goods, distribution, transportation and business travel. “We are very proud of what we have achieved to date as it is a vital aspect of our sustainable mobility proposition, where we are genuinely walking the walk. “But we believe there is still more to go at and we would heartily encourage other companies in achieving their own goals towards carbon neutrality,” he added. Lisa Laverick Editor - Asset Finance Connect Sign up to our newsletter Featured Stories NewsZenith reports growth in underlying earnings Corporate Member NewsParagon Bank supports accessible vehicle rental company NewsTrump tariffs could have direct impact on UK fleet market, says AFP Fleet Finance