Green car benefits schemes help achieve business sustainability goals

Major financial services, energy and infrastructure groups have engaged Tusker to provide car benefits schemes to bolster their long-term sustainability and ESG objectives.

The increased sustainability offered by Tusker’s schemes have proved instrumental in achieving ESG targets for SMEs and larger businesses, while the innovative way in which Tusker’s salary sacrifice car scheme is structured makes it possible to include many more eligible employees at all levels.

With traditional company car schemes, not only are lower rate taxpayers often ineligible, but for companies looking to increase their sustainability, it can also be difficult to restrict emissions across a broad policy. With a Tusker scheme, it is possible to restrict a policy to hybrid and electric vehicles only, although, thanks to the tax advantages offered by the low Benefit in Kind rates on hybrid and electric vehicles, most drivers opt for such vehicles anyhow.

Not only does this dramatically reduce the carbon footprint of the company car fleet, but it also brings financial advantages for employees on the scheme, who save money, while enjoying new, sustainable cars.

Tusker, as UK market leaders, also offer minimal administration and the ease of on boarding, with multiple teams involved in a scheme’s set-up.

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