Allianz UK has pledged to transition its employee car fleet to fully electric cars by the end of 2030.

More than a quarter of the insurance giant’s corporate fleet are already electric and the new commitment marks a pivotal move in Allianz’s journey towards reducing its carbon footprint.

The EV pledge also aligns with the EV100 initiative, a global campaign led by the Climate Group that unites companies dedicated to accelerating the transition to electric vehicles.

Allianz’s EV pledge is underpinned by a new process for fleet vehicle orders introduced in recent months. So far this year 160 new electric vehicles have been ordered for rollout on Allianz’s UK fleet. This brings the overall new electric vehicle figure to 307, representing 28% of the total fleet.

Allianz is also working to encourage a smooth transition and ensure that vehicles available suit all employee needs through a number of initiatives.

Allianz’s procurement team oversaw a programme including an employee panel to test drive vehicles and benchmark the EVs. They also tested adapted vehicles for drivers with different physical needs.

The business has also introduced a new driver app internally, available to all company drivers and their line managers. The app accurately records business mileage and allows Allianz to track car travel and emissions more efficiently.

The initiative is a crucial component of Allianz UK’s sustainability strategy, which aims to reduce greenhouse gas emissions across its UK operations by 70% per employee by the end of 2030. In 2024, the company achieved a 47% greenhouse gas emissions reduction per employee based on a 2019 benchmark.

Bethany Thomas, head of sustainability at Allianz UK, commented: “This move is an important one for us and underscores our commitment to sustainability, not only as an insurer but also as an employer. To support our customers across the country we need our employees on the road in vehicles fit for purpose that also align with our net zero strategy. By driving towards a greener future we are being clear in our aims and taking action to achieve them.”