The importance of sustainability in your benefits package
As the UK works towards a future of net zero carbon emissions by 2050, employees are looking to their employers to take responsibility. We sat down with our Marketplace partner, Octopus EV, to look at the environmental impact of transport, and how they can help employers reduce their carbon emissions.
Workers across the UK are increasingly focused on sustainability, with the younger demographics across the country especially expecting employers to do more.
In fact, according to Zest’s research, 51% of employees want their employer to invest in more sustainability, rising to 61% for workers aged 18-34. 33% of that age group also believe that their employers do not care about sustainability, with a lack of such initiatives no doubt affecting employee productivity and morale.
That is backed up by Octopus EV’s own research, with their sustainable workplace report finding that:
- 90% of millennials and Gen Z employees naturally connect with organisations committed to sustainability.
- 75% of employees say they’re more likely to work for an organisation that helps contribute to a greener planet.
This is why it’s more important than ever to include sustainable initiatives within benefits packages and have a strong corporate social responsibility to attract and retain talent.
Environmental impact of transport
99 million tonnes of carbon dioxide comes from domestic transport, with 50% from cars. This is why Octopus EV have been on a mission to create a cleaner, greener future by getting more people behind the wheel of an EV with their salary sacrifice scheme.
Each employee who takes a car through their salary sacrifice scheme will save at least 1.5 tonnes of CO2 every year. That’s the same as a return flight from London to Tenerife!
We must reduce the CO2 from cars if we’re going to achieve our net zero goal and continue the fight against climate change.
How can Octopus EV help
Octopus EV are here to make the transition to green tech easy and affordable for your team, with the benefit that empowers your business and your employees.
Research by the British Chambers of Commerce revealed that only 1 in 10 businesses measure their carbon footprint. To do this, you can break it down into Scope 1, 2, and 3 emissions – where they come in is Scope 3. These are all emissions not directly produced by the company itself but can be things like your employees’ commuting emissions. Octopus EV salary sacrifice is a great way to reduce these by providing a more sustainable form of transport. Any EVs taken up on a salary scheme can be included towards an organisation’s net zero goals.
Not only can they help organisations reduce their emissions, but they can also help employees save up to 40% on an EV via our salary sacrifice scheme. They include the charger, maintenance, tyres and renewable energy all in one simple package.
Plus, Octopus EV offer Nearly New EVs, giving employees a greener and more affordable choice.
Don’t get left in the dust
Over 6,000 schemes have now joined their scheme to ensure they are reducing their carbon footprint and offering their employees a sustainable transport option.
The recent budget from Rachel Reeves included lots of big news for EV salary sacrifice incentives. As a result, Octopus EV expect more businesses to be joining the EV revolution in the coming months. This is due to higher employer National Insurance savings and Benefit in Kind remaining low for EV’s.
Their scheme doesn’t only help your employees save money, but your company can also make savings on National Insurance. Many companies choose to pass this on to their team or invest in other initiatives.
Exclusive sustainable offers
If you thought that was all they had to offer, think again. Their 5-star customer service will help employees have a smooth transition into an EV.
They also throw in a free home charger for off-street parking and 4,000 miles of free charge when employees switch to their discounted energy tariff: Intelligent Octopus go – EV Saver. Plus, this exclusive tariff gives employees access to super cheap off-peak green energy at 6p/kWh, saving hundreds of pounds! No driveway? No problem, gain access to over 850,000 chargers with their Electroverse card, they’ll even load 4,000 miles of free charge onto it.
A perk of being part of the Octopus Energy Group, means employees get easy access to green home power solutions like heat pumps and solar panels. When a company signs up for a salary sacrifice scheme, all their employees get access to a £500 discount on installations, making it even more accessible to be sustainable.
Businesses get more with Octopus Electric Vehicles, it’s that simple. Their salary sacrifice scheme is free to join and offers a completely sustainable benefit. It’s a win-win!
So what are you waiting for? Check Octopus EV out on our Marketplace page here.
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