As part of its ongoing drive to reduce emissions, Royal Mail gears its company car schemes to electric vehicles only.
Royal Mail has announced a new initiative to ensure all its company cars will be electric by 2030. The move comes as the company builds on its ambitions to become a net zero carbon emission business with a 100% alternative fuel fleet.
Under the plans, the company will rework all of its current car schemes to accelerate the switch to electric vehicles. This includes widening the access to electric company cars for those colleagues who need a car to do their job.
By 2025, only electric cars will be available to order across all company car schemes.
The drive towards electrification will also extend to employees who seek to buy their vehicles through the company’s popular salary sacrifice scheme MyDrive, with the associated tax benefits that come with running an electric company car.
Royal Mail plans to offer a range of affordable entry level electric vehicles.
To reinforce the commitment to change, the company will only pay business mileage reimbursement at an appropriate electric vehicle rate for diesel, petrol and hybrid private cars and company cars from 2025.
Jenny Hall, Director of Corporate Affairs, Royal Mail, said: “We’ve already revealed our ambition to turn our fleet to alternate fuel vehicles in order to do the right thing by the communities we serve.
“It makes sense for us to focus on company cars too, and we hope that this new scheme will benefit our colleagues while reducing overall company emissions further.”