Estée Lauder to Transition to 100% EV Fleet by 2030
Prestige beauty company Estée Lauder Companies (ELC) announced today a new commitment to transition its global corporate fleet of vehicles to 100% electric by 2030. The company has also joined the Climate Group’s EV100, an initiative bringing together companies committed to the transition to electric vehicles.
In 2020, ELC unveiled a series of climate goals, including a Science Based Targets initiative (SBTi)-approved pledge to reduce Scope 1 and 2 operational GHG emissions 50% by 2030 (on a 2018 base), as well as a commitment to reduce Scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, and business travel by 60% per unit revenue over the same timeframe.
The company also achieved net zero emissions and sourcing of 100% renewable electricity globally for its direct operations in 2020.
In its announcement today, the company stated that its new EV goal help tackle one of its most significant sources of operational emission, and “greatly contribute towards reducing the company’s Scope 1 greenhouse gas (GHG) emissions.”
Nancy Mahon, ELC Senior Vice President, Global Corporate Citizenship and Sustainability, said:
“The Estée Lauder Companies has a deep commitment to helping accelerate the transition to a low-carbon future, and the electrification of our corporate fleet is an important next step in our sustainability journey.”
In addition to the commitment to transition its own fleet, ELC also discussed actions targeting its Scope 3 emissions from transportation and distribution activities in partnership with third party partners and suppliers, including beginning to transition local transportation vehicles from diesel trucks to EVs in regions such as Canada and Switzerland. In order to enable employees to switch to EVs, the company is investing in its electrification infrastructure with installations of EV charging stations across several of its owned facilities worldwide.
“Our hope is that our commitment to clean transportation will not only help to reduce our impact and engage our employees in our commitment, but also inspire similar action by others in the industry and beyond.”
Sandra Roling, Director of Transport, the Climate Group, added:
“ELC’s commitment today further underlines the demand signal leading businesses are sending – the future of road transportation is electric.”