Environment | FleetPartners

Commitment to the environment

Helping to protect and provide a sustainable environment for future generations is our responsibility. This is why we continue to take meaningful actions to reduce our impact on the environment.

Climate change is the most pressing issue of our time. In 2016, we signalled our clear intent to be an industry leader in addressing this critically important issue. We are passionate about taking real measures to protect the unique and fragile environment.

FleetPartners was not only the first but remains the only fleet management organisation to be both certified carbon neutral by Climate Active in Australia and certified for Toitū carbonreduce in New Zealand. More than six years ahead of our peers, FleetPartners first achieved Carbon Neutral certification in 2016. In 2021, we extended this certification to encompass our entire Australian operation. Climate Active is the Australian Government’s certification of businesses and organisations that have credibly reached a state of achieving net zero emissions, otherwise known as carbon neutrality.

In FY22, FleetPartners formally committed to measuring and reducing the carbon footprint of its New Zealand operations, and in September 2022 achieved Toitū carbonreduce certification. Toitū carbonreduce certification is issued by Toitū Envirocare – a wholly-owned subsidiary of Crown Research Institute Manaaki Whenua – Landcare Research. Toitū is a New Zealand-based certifier and the Toitū carbonreduce program is accredited by the Joint Accreditation System of Australia and New Zealand (JAS-ANZ) the world’s first carbon certification program to be accredited under ISO 14065.

FleetPartners now holds active environmental certifications in all of its operational regions.

Driving environmental change

Our 2022 Sustainability Report outlines how we’re leading the way with our environmental, social and governance (ESG) activities. You can also learn more about our environmental protection initiatives in our Environment and Sustainability Policy.

Journey to Carbon Zero

Organisations are increasingly focused on their role as good corporate citizens and reducing their environmental impact. While intent and momentum for businesses to move to a zero-emission fleet is building rapidly, we understand that it’s not always achievable in the immediate term and can be a challenging process to navigate.

That’s why we’re supporting our customers on the 5-Step Journey to Carbon Zero – a comprehensive program with competitive financial solutions to transition to low or zero emission vehicles. We are uniquely positioned to provide one of Australia’s most competitive financial solutions, supporting our customers to transition to a zero-emission electric fleet.

We achieve this by offering:

  • a 0.5% discount* on the interest rate of fleet operating leases
  • in addition to our already highly competitive finance rates; and,
  • highly competitive residual values (RVs)#

making the financial decision to transition from Internal Combustion Engines equivalents easy.

Our work with the Clean Energy Finance Corporation

The Clean Energy Finance Corporation (CEFC) invests on behalf of the Australian Government and has a key focus on cutting emissions across the economy, including transport. Working alongside the CEFC, we deliver a unique offering to the Australian fleet landscape. We have financed more than A$75 million worth of vehicles via our clean energy funding facility, since its establishment in 2015.

Highly competitive residual rates are guaranteed#

We offer highly competitive residual values and our bold approach makes it easier for customers to switch from fossil-fuel-emitting vehicles. The principles on which we make this offer are three-fold. We:

  • Have a strong belief in the future of EVs and confidence in Australia’s move to become an EV-dominant market;
  • Are passionate about the positive environmental impacts which EVs yield; and,
  • Have an unwavering commitment to help our customers achieve their zero-emission fleet goals.

In practical terms, the combination of these financial measures – the interest rate discount and highly competitive RV – deliver very competitive monthly operating lease rentals and a compelling reason for our customers to transition to EVs.

HOW IT WORKS

Our strategic approach to guiding our customers through the 5-step journey.

1. Carbon Strategy

The first step is to consider what the business is trying to achieve in terms of emissions reductions and over what timeframe. With decades of fleet management expertise and strategic consulting, we play a key role supporting our customers to define and clearly document their carbon strategy.

2. Fleet Mission

Understanding the fundamental purpose of the fleet and how it is being used is the next step. We have a range of tools to analyse fleet usage and provide critical data to inform this process.

3. Vehicle Selection and Funding

The selection of vehicles is an important step to ensuring they work for their intended purpose. There are several things to consider when selecting more sustainable vehicles, and the timing and funding of those vehicles is paramount.

4. Charging and Infrastructure

Charging and the associated infrastructure keeps vehicles moving and drivers on the road. Mapping and managing the installation of charging solutions is critical to the overall success of any carbon reduction strategy. Partnering with JetCharge, Australia’s leading charging infrastructure specialists, we guide our customers through this process.

5. Vehicle Policy and Employee Engagement

Transitioning to an electric fleet can be met with some reluctance by staff, due to the perceived limitations of range and features. So, getting staff on board and excited about moving to more sustainable vehicles takes careful planning and a well-considered communications program. Our solution helps to combat misconceptions and educate on the benefits of an EV fleet.

*The 0.5% interest rate discount is applied to the prevailing interest rates set by FleetPartners to calculate monthly lease rentals. #The RV guarantee applies to the RV set by FleetPartners on the ICE vehicle equivalent.

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