Vitality launches staff electric car scheme
Vitality has launched an electric car salary sacrifice scheme for its entire workforce, further strengthening its commitment to becoming carbon neutral by 2025.
The new benefit, which is in partnership with Hitachi, enables Vitality staff to lease a brand-new electric or hybrid vehicle at a reduced cost through salary sacrifice.
The all-inclusive scheme includes maintenance of the vehicle, tyre maintenance, fully comprehensive insurance, annual vehicle tax and UK roadside assistance. Vitality will also work with Hitachi to install charging points at employee’s homes and at its offices in Bournemouth and Stockport.
Staff can choose from a range of 800 makes and models including best-in-class brands, Tesla, BMW and Nissan amongst others. It will also provide employees with the option of returning, buying or ordering a new car when their lease ends.
The new scheme is offered in addition to Vitality’s Cycle to Work scheme, which offers pedal and battery powered e-bikes to employees through salary sacrifice.
Deepak Jobanputra, Chief Sustainability Officer at Vitality, said: “We’ve always been a business built on supporting people, including our employees, to take small steps to make choices that improve their health. Our new electric and hybrid vehicle scheme now helps them to make more sustainable choices too. Transport is a key contributor to UK carbon emissions so encouraging the lease of electric or hybrid vehicles through salary sacrifice, in addition to our existing Cycle to Work scheme is a way to support and empower individuals to take positive environmental action.”
“Last year, Vitality set out its target to achieve carbon neutrality in its operations by 2025 with a longer-term goal of net zero emissions by 2050 or earlier. We are already innovating to create products and services that help people make choices that reduce their impact on the environment: we entered the car insurance market in 2021 with a proposition that incentivises car-free days and provides drivers with the opportunity for Vitality to offset their carbon emissions when they drive more safely. Our VitalityInvest business also launched a new fund range that provides ready-made investment solutions that follow ESG principles.”
The new benefit, which is in partnership with Hitachi, enables Vitality staff to lease a brand-new electric or hybrid vehicle at a reduced cost through salary sacrifice.
The all-inclusive scheme includes maintenance of the vehicle, tyre maintenance, fully comprehensive insurance, annual vehicle tax and UK roadside assistance. Vitality will also work with Hitachi to install charging points at employee’s homes and at its offices in Bournemouth and Stockport.
Staff can choose from a range of 800 makes and models including best-in-class brands, Tesla, BMW and Nissan amongst others. It will also provide employees with the option of returning, buying or ordering a new car when their lease ends.
The new scheme is offered in addition to Vitality’s Cycle to Work scheme, which offers pedal and battery powered e-bikes to employees through salary sacrifice.
Deepak Jobanputra, Chief Sustainability Officer at Vitality, said: “We’ve always been a business built on supporting people, including our employees, to take small steps to make choices that improve their health. Our new electric and hybrid vehicle scheme now helps them to make more sustainable choices too. Transport is a key contributor to UK carbon emissions so encouraging the lease of electric or hybrid vehicles through salary sacrifice, in addition to our existing Cycle to Work scheme is a way to support and empower individuals to take positive environmental action.”
“Last year, Vitality set out its target to achieve carbon neutrality in its operations by 2025 with a longer-term goal of net zero emissions by 2050 or earlier. We are already innovating to create products and services that help people make choices that reduce their impact on the environment: we entered the car insurance market in 2021 with a proposition that incentivises car-free days and provides drivers with the opportunity for Vitality to offset their carbon emissions when they drive more safely. Our VitalityInvest business also launched a new fund range that provides ready-made investment solutions that follow ESG principles.”
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