Electric vehicle fleets: an impact opportunity for investors
Decarbonising road transport will be crucial for meeting the goals of the Paris Agreement. Transportation accounts for 23 per cent of global CO2 emissions, of which 74 per cent comes from road vehicles.
Despite improvements in vehicle fuel efficiency, emissions have continued to rise. For institutional investors, engagement on electric vehicle (EV) adoption can not only make financial sense but also generate positive impact. As the share of new vehicles entering the corporate channel grows, fleets have the potential to stimulate demand for EVs, driving down costs, mitigating emissions and accelerating widespread EV adoption.
As a result, this report argues that EV fleets should be firmly on the investor agenda.