Car-leasing business LeasePlan to electrify ISS’s fleet of 20,000 vehicles

23 February 2022

LeasePlan, one of Europe’s largest car-leasing companies, has partnered with workplace and facilities management firm ISS to electrify its global fleet of 20,000 cars. The deal will help ISS achieve its fleet net-zero target by 2030, and is part of sustainability initiatives the Danish business has rolled out to go net-zero by 2040.

ISS’s current fleet emits 60,000 tonnes of greenhouse gas emissions a year. Around 70% of its fleet is leased through LeasePlan, which itself has a fleet of 1.8 million cars in more than 30 countries. The partnership between the companies aims to decarbonise ISS’s fleet, with electrification seen as the key lever. Both businesses will work together to achieve fleet optimisation and ensure the right vehicle is chosen for the right application.

The partnership will initially be launched in Denmark, Germany, Norway, and the UK in 2022, with more countries to follow in 2023. LeasePlan encourages its clients to lower their CO2 emissions and said it is committed to a zero-emission fleet by 2030.

Sustainable mobility

‘Not one company can solve the climate crisis on their own, so collaboration is essential in building a more sustainable future,’ said Tracy Nilsson, global head of sustainability at ISS World Services. ‘We have worked with LeasePlan for many years and have already built a strong relationship, so we are very excited about working jointly with them on sustainable mobility, which will be one of the key drivers in ISS’s sustainability efforts going forward,’ she added.

ISS provides placemaking services to improve business performance. Like many companies, it is shifting its focus towards sustainable mobility. Many high-profile firms are fast-tracking the uptake of electrically-chargeable vehicles (EVs). Programmes such as EV100’s global transport initiative are dedicated to the effort of accelerating the transition to electromobility.

Hitting records

LeasePlan grabbed headlines last month when ALD Automotive announced plans to acquire it for €4.9 billion in cash and shares. The purchase is set to create Europe’s biggest car-leasing group, dubbed NewALD. The combined business would have a fleet of around 3.5 million cars.

In its latest financial report, LeasePlan said its outlook was positive as the company’s orderbook reached record high levels in 2021. ‘[We] also continued to set the standard for sustainable mobility, with more than one in four of the cars we put on the road being an EV,’ said LeasePlan CEO Tex Gunning.

‘There has never been a better time to be in the car-leasing industry, which is about to enter a historic era of growth due to the ownership to subscription megatrend. LeasePlan is capturing this growth by transforming from an analogue to a fully digital business model, enabling us to deliver all services digitally and at digital cost levels,’ he added.

A few months ago, it signed an agreement with Lightyear, a high-tech company developing a long-distance solar car. Under the agreement, LeasePlan has reserved 5,000 cars of Lightyear’s second model to deliver the world’s first solar-powered car subscription.

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