The Sustainability Initiative
A network of like-minded individuals with a passion for delivering improved sustainability.
What does the Sustainability Initiative do?
The Leasing Foundation’s Sustainability Initiative aims to help businesses and individuals in the asset finance industry enhance sustainability and accelerate environmental improvements. We have the unique opportunity to improve both our own performances and those of our customers through enabling investment in assets that will deliver environmental gains.
The Initiative aims to leverage our networks and spheres of influence to accelerate positive change through education, innovation and the sharing of best practice across the industry.
Every year, the group will host a number of events for those working in the finance industry with contributions from experts in the field as well as sharing knowledge and experience through a resource library.
The Paris Agreement was adopted by 196 Parties at the UN Climate Change Conference (COP21) in Paris, France, on 12 December 2015 with the goal of limiting global warming to 1.5% above pre-industrial levels.
The UK announced its ban on the sale of new petrol and diesel cars and vans from 2030.
Petrol & diesel sales cease
New petrol and diesel cars will no longer be sold in the UK to help reduce carbon emissions.
Hybrid sales cease
The sale of hybrid cars and vans that can drive a significant distance with no carbon coming out of the tailpipe will continue to be sold until 2035. The idea behind the ban is to shift car owners towards electric vehicles, before all new vehicles need to produce zero tailpipe emissions by 2035, including hybrids.
The ‘net zero target’ refers to a government commitment to ensure the UK reduces its greenhouse gas emissions by 100% from 1990. If met, this would mean the amount of greenhouse gas emissions produced by the UK would be equal to or less than the emissions removed by the UK from the environment.