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Companies benefit from Fleet Alliance's green links with EST
15 December 2009
A growing number of companies are taking advantage of Fleet Alliance’s link with Government Agency, the Energy Saving Trust (EST), and completing a free Green Fleet Review. The benefits include both environmental and financial cost savings from selecting more environmentally friendly cars.
The Fleet Alliance Green Fleet Review initiative is aimed at those companies who want to reduce their carbon footprint by introducing greener, less polluting vehicles to their fleets as well as meeting their corporate social responsibility objectives.
At the same time, there are real cost savings to be made. Following changes to tax legislation, companies that buy their cars outright can offset 20% of their cost against taxable profits or if they lease them can deduct the full cost of their monthly lease rentals from taxable profits, provided the cars emit less than 160g/km.
The review process looks at the financial implications of increasing the percentage of cars on the fleet below the critical 160g/km barrier, not just for the company but at the tax position for individual drivers too.
The Green Fleet Review also examines the ‘grey fleet’ position by looking at those employee-owned vehicles regularly used on company business and identifying the worst polluters, as non-company owned vehicles are typically four times more polluting than those that are company owned.
Several companies have now taken advantage of the free offer to review the carbon footprint of their fleets, following the lead set by Pets and Home, the UK’s leading pet food and accessory supplier, which was the first company to take up the offer, with promising results.
These range from companies with fleets of over 200 vehicles to others with 50 vehicles or less on their fleets.
“We are seeing increasing number of companies take up the free Green Fleet Review offer as they seek to reduce the operating costs of their fleets as well as improving their green credentials. The two objectives are very much linked as the less polluting cars are inevitably the cheapest ones to operate,” said Fleet Alliance managing director, Martin Brown.
The Fleet Alliance Green Fleet Review, carried out in conjunction with the EST, begins by benchmarking the current carbon footprint of the company fleet.
It then reviews existing vehicles on the fleet and suggest ways in which the carbon footprint can be reduced, setting a lowered carbon target that should be eminently achievable.
For fleets of less than 50 vehicles in England and Wales and those with less than 20 vehicles in Scotland, the initial Green Fleet Review can be carried out over the phone. For larger fleets, however, the review process normally requires face to face meetings to set the appropriate benchmarks and targets.
Martin Brown added: “We firmly believe that the review process can really help a company measure the impact of its current carbon footprint, and come up with a realistic target for lowered carbon emissions that will have both positive financial and environmental benefits,” he said.
To find out how a Fleet Alliance Green Fleet Review can help you source a more environmentally friendly and cost effective fleet click here.
15 December 2009
A growing number of companies are taking advantage of Fleet Alliance’s link with Government Agency, the Energy Saving Trust (EST), and completing a free Green Fleet Review. The benefits include both environmental and financial cost savings from selecting more environmentally friendly cars.
The Fleet Alliance Green Fleet Review initiative is aimed at those companies who want to reduce their carbon footprint by introducing greener, less polluting vehicles to their fleets as well as meeting their corporate social responsibility objectives.
At the same time, there are real cost savings to be made. Following changes to tax legislation, companies that buy their cars outright can offset 20% of their cost against taxable profits or if they lease them can deduct the full cost of their monthly lease rentals from taxable profits, provided the cars emit less than 160g/km.
The review process looks at the financial implications of increasing the percentage of cars on the fleet below the critical 160g/km barrier, not just for the company but at the tax position for individual drivers too.
The Green Fleet Review also examines the ‘grey fleet’ position by looking at those employee-owned vehicles regularly used on company business and identifying the worst polluters, as non-company owned vehicles are typically four times more polluting than those that are company owned.
Several companies have now taken advantage of the free offer to review the carbon footprint of their fleets, following the lead set by Pets and Home, the UK’s leading pet food and accessory supplier, which was the first company to take up the offer, with promising results.
These range from companies with fleets of over 200 vehicles to others with 50 vehicles or less on their fleets.
“We are seeing increasing number of companies take up the free Green Fleet Review offer as they seek to reduce the operating costs of their fleets as well as improving their green credentials. The two objectives are very much linked as the less polluting cars are inevitably the cheapest ones to operate,” said Fleet Alliance managing director, Martin Brown.
The Fleet Alliance Green Fleet Review, carried out in conjunction with the EST, begins by benchmarking the current carbon footprint of the company fleet.
It then reviews existing vehicles on the fleet and suggest ways in which the carbon footprint can be reduced, setting a lowered carbon target that should be eminently achievable.
For fleets of less than 50 vehicles in England and Wales and those with less than 20 vehicles in Scotland, the initial Green Fleet Review can be carried out over the phone. For larger fleets, however, the review process normally requires face to face meetings to set the appropriate benchmarks and targets.
Martin Brown added: “We firmly believe that the review process can really help a company measure the impact of its current carbon footprint, and come up with a realistic target for lowered carbon emissions that will have both positive financial and environmental benefits,” he said.
To find out how a Fleet Alliance Green Fleet Review can help you source a more environmentally friendly and cost effective fleet click here.
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