Zenith’s company car fleet fully electric five years ahead of schedule

Vehicle leasing company is celebrating after transitioning its company car fleet to battery electric vehicles (BEVs). 

The milestone comes after the company’s commitment to the EV100 initiative, which aims to make electric transport the new normal by 2030. 

Zenith became a member of the initiative in 2020, and the company has been able to move away from internal combustion engine (ICE) vehicles five years ahead of the initiative’s timeline.

To further accelerate its net zero goals, Zenith has also had its near-term and long-term net-zero carbon reduction targets validated by the Science Based Targets initiative (SBTi). 

These underpin Zenith’s emissions reduction initiatives, with key actions including enabling customers to transition to zero emission vehicles, promoting transparency within the sector, and engaging with industry bodies and peers to ensure legislation and regulation is supportive of the decarbonisation of the automotive industry. 

Ian Hughes (pictured), CEO of Zenith’s Corporate and Consumer divisions, said: “The impacts of climate change are being felt now more than ever before, and we recognise the importance leasing companies have on the UK’s journey to net zero. 

“Since becoming a member of the EV100 in 2020, we’ve worked hard to drive true change, and I am proud that we have achieved a key milestone, reaching our 100% BEV colleague company car goal five years ahead of the initiative’s planned schedule. 

“While our making our fleet fully electric is a great achievement, we’re also making strong progress in helping our customers transition their fleets to electric and reach net zero, too. 

“This work is complemented by the validation of our SBTi targets, which will direct our emissions reductions actions in the coming years, and inform how we collaborate with customers, supplier partners, colleagues, and the local community, to help secure a healthy planet for future generations to enjoy.”

Zenith recently revealed that one-on-three BEV contracts for customers have been formally extended as part of Project Volt, the group’s lease extension programme, to address the decline in used plug-in prices.