Tap into EV rental
to comply with Scope 3
emissions targets
As the big brands and businesses take action to decarbonise their operations, the focus is turning to supply chains, with Scope 3 emissions becoming a critical factor. According to a report by sustainability consultancy, Sphera, the number of companies reporting their Scope 3 carbon emissions globally has grown by 27% over the past year. However, with the government’s plans to relax the Zero Emission Vehicle (ZEV) mandate targets giving small and medium sized operations a chance to take more time to switch to zero tailpipe emissions, there is a risk that lucrative contracts could be lost.
As more big businesses consider the reputational issues around emissions, indirect greenhouse gas (GHG) emissions from sources within their supply chain that they do not own or control, but are still related to their activities – otherwise known as Scope 3 emissions – will become an urgent talking point. And scrutiny of their activities, upstream and downstream, will come under the spotlight, including transportation and distribution. Contracts providing these services could, therefore, come sharply into focus.
Rental: the flexibility of lease without the penalties
The best way to understand how electric is going to work for certain parts of an organisation’s fleet is to experience it, using rental solutions. Not only will this help a business to understand any operational adjustments that might need to be made; it will also help get drivers behind the wheel for a first-hand experience. And, crucially, it will enable an organisation to respond to Scope 3 emissions requirements without any long-term commitments typical of leasing. Indeed, it could be an ideal solution where new contracts can only be won if electric vehicles are a guaranteed component.
Europcar Flex Model Choice
Flex Model Choice gives businesses the flexibility of rental with the vehicle model certainty of leasing. Specific makes and models from Europcar’s comprehensive BEV and PHEV fleet can be booked for rental for a minimum of 3 months and up to 12 months at a fixed monthly rate. This means employers can accurately allocate vehicles and forecast Benefit-in-Kind tax expenses.
Renting also means they will have access to the latest electric vehicle technology and battery range, rather than being stuck with a model for 3 or more years that is quickly surpassed. And, crucially, by being able to book the specific make and model, it is ideal for salary sacrifice schemes where the BiK needs to be forecast accurately.