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EV100 announces five new members as initiative celebrates its fifth anniversary

15 September 2022, 7:40 UTC 1 min read

15 September 2022, London: As Climate Group’s EV100 initiative celebrates its fifth anniversary this month, five new members have joined, who will collectively transition over 44,000 vehicles to electric by 2030.

New joiners include global pharmaceutical and biosciences company Bayer, British-based multinational bank Barclays, international financial services provider Allianz SE, India’s fastest-growing agri-commerce company WayCool and precision instrumentation supplier Spectris Plc.

Further underlining their commitment to electrifying road transport, in addition to electrifying their fleets, WayCool and Spectris Plc have also committed to install charging infrastructure across their estate for use by their staff and customers.

EV100 brings together forward-looking companies committed to accelerating the transition to electric vehicles and is sending a powerful signal that the future of transportation is electric.

We warmly welcome our five new members who have made the bold commitment to electrify their fleets and deploy charging infrastructure by 2030. It’s amazing to think that in just five years EV100 has grown so rapidly. We will continue to push other businesses, vehicle manufacturers and governments across the world to work with us to ensure the future of road transportation is electric.

I also want to say a huge congratulations to every single EV100 member as we celebrate five years, for the progress made so far on their journey with us. Over 200,000 EVs are already on the road thanks to EV100 members, and by 2030 over 5.5 million fleet vehicles will be zero emission.

Since launching in 2017, EV100 has gone from strength to strength. With these new joiners, membership now stands at 128. In five years, EV100 has grown from ten founding members to a global network of businesses committed to the growth of electromobility across almost 100 markets worldwide.

Sandra Roling, Director of Transport, Climate Group

In March 2020 we become one of the first banks to announce an ambition to be net zero by 2050, which includes our operational emissions. To decarbonise our operations, earlier this year we committed to transitioning all of our UK vehicle fleet to electric by 2025 with an additional target of 2030 for our global fleet, using ultra-low emissions vehicles for the latter where electric is not viable. Addressing this viability challenge was key to our decision to join EV100, and we look forward to working together with Climate Group and other members to speed up the transition to electric, particularly in less mature EV markets.

Myriam Coneim, Barclays’ Global Sustainability and Governance Lead, Operations

It’s an exciting time for EV100 and we are pleased to be one of the latest companies to sign up to this ambitious initiative. We’re committing to electrifying our 430-strong fleet and rolling out charging infrastructure for our staff and customers. Committing to EV100 now will help us achieve our net zero by 2040 target. We’re looking forward to working with likeminded companies and working with our supply chain and customers to develop their own EV fleets, too

Rebecca Dunn, Head of Sustainability, Spectris

We are pleased to be joining EV100. As a leading Life Science company, we have implemented ambitious sustainability targets and the decision to convert our vehicle fleet to electric cars is another important step. It shows how serious we are about becoming climate neutral. As part of our EV100 commitment, we will transition 26,000 vehicles to electric wherever technically and economically feasible

Werner Baumann, CEO and Chief Sustainability Officer, Bayer

We are happy to join EV100 at this time of celebration for the initiative. Food and Agri sector contribute to global GHG emissions significantly. As a purpose driven organisation, and one of India's fastest growing Food and Agri tech platforms, we are committed in developing and driving a climate resilient supply chain and a sustainable food economy. In the past 7 years, we have demonstrated with multiple case studies how organizations can be ClimateSmart and BusinessSmart too. Electrification of the fleet is one of our prime focus areas. We have valuable insights to share with the wider EV100 community, having already transitioned 20% of our last-mile delivery fleet to EVs, and we look forward to playing an active and collaborative part in the journey to fully electric road transportation.

Karthik Jayaraman, Managing Director, WayCool Foods

We are excited to join EV100 at this time of celebration for the initiative. Our commitment will see Allianz transition its car fleet of over 14,000 vehicles to sustainable fuel by 2030. We look forward to playing an active and collaborative part in accelerating the journey to 100% sustainable mobility

Barbara Karuth-Zelle, Member of the Board of Management, Allianz SE