Fleets vehicles cause close to two-thirds of all emissions from road transport. To reach global and EU climate goals, this needs to be zero by 2050.

Encouraging corporates to decarbonise their vehicle fleets helps investors align their portfolios with 1.5C. And not only are electric fleets are cheaper, the switch has positive supply-side effects for the environment and the economy.

Besides replacing polluting with zero-emission vehicles, it has a knock-on effect on the overall transport transition as a driver of demand.

This report highlights corporate fleet targets based on the expertise of the Climate Group in accelerating corporate fleet conversion and their strategic position in supporting the EU Commission’s proposal on car CO2 standards (and consequent alignment with 1.5C pathways).