AGL today announced it is the first Australian company to join EV100, a global initiative coordinated by The Climate Group, which brings together leading industries in a commitment to transition company fleets to electric vehicles (EVs).

As a signatory to EV100, AGL will transition its fleet of 400 corporate vehicles to 100% electric by 2030, up from 10% today.

AGL Chief Operating Officer, Markus Brokhof said AGL was proud to be the first Australian company to join the global initiative.

“As part of our Climate Statement we have set a target to achieve net zero emissions by 2050. We know in order to meet this commitment, we need to be investing in smart and clean technologies,” Mr Brokhof said.

“EVs present a simple and effective solution as part of a cleaner energy future, with the transportation sector currently responsible for up to 19% of Australia’s greenhouse gas emissions.

“The market fundamentals for EVs continue to grow and an initiative like this presents a big opportunity for industries to take the lead in helping to reduce Australia’s carbon footprint.

“It is the right time to transition our fleet to help reduce our own emissions, as well the subsequent noise and air pollution.

“EV technology and manufacturing are at a point where the vehicles themselves are no longer just for early adopters, and we will begin to see prices fall into line with that of petrol/diesel equivalent vehicles.

“AGL’s commitment under EV100 is part of our growth strategy and our commitment to embrace innovation and technology to ensure we are not only achieving the best solutions for the environment but also for our employees, customers and shareholders.”

AGL joins growing group of more than 80 companies around the world, focused on the transition to EVs, including Ingka Group (formerly IKEA Group), PG&E, Heathrow Airport, Air New Zealand, HP and Unilever.

Jointly, EV100 members have committed to transition more than 4.7 million vehicles by 2030.

The Climate Group, Corporate Partnerships Director, Mike Peirce, said we congratulate AGL on becoming our first Australian member of EV100.

“Their commitment demonstrates the continued growth of the campaign into new markets, helping to grow demand and accelerate the EV transition around the world, Mr Peirce said.

“We call on other Australian companies to follow AGL’s leadership and commit to EV100.”

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