Ecclesiastical Insurance goes electric in drive to net zero

29 March 2023

Benefact Group, which owns Ecclesiastical Insurance, has launched its first electric car scheme as part of its ambitious plans to reduce its carbon emissions and reach net zero by 2040.

Three electric cars and staff outside Benefact House

The salary sacrifice scheme allows colleagues to lease an electric car of their choice, helping to reduce their carbon emissions. To help with the start-up costs, Benefact Group is also offering £1,000 towards the cost of installing a charging point at home.

The new scheme is part of a wave of measures from the Gloucester-based firm intended to reduce carbon emissions, including moving to more energy efficient offices.

Colleagues were given the chance to get behind the wheel of an electric car at a test drive day at Benefact House to coincide with the Group’s first birthday celebrations. The financial services group has partnered with SG Fleet to offer the scheme to all UK colleagues.

Richard Coleman, Managing Director at Ecclesiastical Insurance, said: “As a responsible insurer, we’re committed to making a positive social and environmental impact in our communities. We have set a goal to reach net zero by 2040 and we’re making good progress including moving to offices that are more energy efficient. But we’re also committed to helping our people to reduce their personal impact too - this scheme gives employees the opportunity to make their commute with much less impact on the environment and our communities.”

The third-largest corporate donor in the UK, Benefact Group is an independent, specialist financial services group that exists to give all its available profits to charity. It includes specialist insurance company Ecclesiastical and ethical asset management business EdenTree Investment Management.

Last year the Group announced its climate commitments to achieve net zero by 2040.

To learn more about Benefact Group’s unique purpose and the causes it helps visit www.benefactgroup.com