LeasePlan Corporation N.V.

LeasePlan partners with Land Life Company to help make every trip carbon neutral

PRESS RELEASE

LeasePlan partners with Land Life Company to help make
 every trip carbon neutral

Geneva and Amsterdam, 13 September 2018: LeasePlan Corporation N.V., a global leader in Car-as-a-Service, has signed an agreement at the Global Climate Action Summit in San Francisco with Land Life Company, a leading nature restoration venture, to help LeasePlan customers make their trips carbon neutral.

Under the partnership, LeasePlan customers will be able to offset their fleet emissions through Land Life Company's innovative reforestation programme. Land Life Company is a leader in the sustainable and technology-driven reforestation of degraded land in the EU and US.

LeasePlan has committed to offsetting carbon emissions from its employee fleet until 2021, when the company's employee fleet is scheduled to be completely electric. LeasePlan is also targeting net zero emissions from its serviced fleet by 2030. The announcement comes as business leaders meet in San Francisco to discuss the next steps in the global fight against climate change.

Tex Gunning, CEO of LeasePlan, said:

"Cutting emissions will not be enough to keep global warming in check. Greenhouse gases must also be scrubbed from the air. By partnering with Land Life Company, we can offer our customers the opportunity to make every one of their trips carbon neutral. Collectively, we have a carbon debt that needs to be repaid and, with 1.8 million vehicles on the road, we can make a big and positive impact to the climate change challenge."

Land Life Company's CEO, Jurriaan Ruys, said:

"Through reforestation, we have an opportunity to take CO₂ out of the air and rebuild the planet, addressing two of the world's most significant challenges - climate change and land degradation - at the same time. In addition, the partnership we have announced today will enable us to drive investment directly into the communities and ecosystems that need it most, creating impact you can see and touch. LeasePlan is setting the bar for sustainability in its industry and we're excited to be their partner."

 

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Notes to editors

• LeasePlan has committed to achieving net zero emissions from its total fleet by 2030. Key elements in LeasePlan's net zero emission roadmap include:
  • Advocating the uptake of zero emission mobility among relevant stakeholder groups
  • Educating customers on what's next in low-emission vehicles
  • Facilitating the uptake of low-emission vehicles with attractive customer propositions
  • Leading by example through the transition of LeasePlan's own employee fleet to EVs by 2021. In the period 2018-2021, all carbon emissions from the company's employee fleet will be offset via Land Life Company's reforestation programme