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LEADING IMPACT REPORT SHOWS BUSINESS SAVINGS OF THOUSANDS EACH YEAR

October 8th, 2021

National car club Co Wheels has released its social impact report highlighting its influence on environmental, social, and business factors in the UK.

After a tumultuous year for the country in trying to reconcile everyday travel needs with wider economic and environmental consequences, the findings are a reminder that there is a route to accessible, sustainable travel.

The pay-as-you-go car club, which gives instant access to cars parked in designated bays and zones in over 45 locations nationwide, reveals that they save businesses on average £2000 a year - cost savings that are crucial at a time that sees many businesses strapped for cash. Showcasing the UK’s biggest car club has continued to make impressive grounds in changing the way people look at car ownership, Co Wheel’s social impact report details statistics, tech innovations and testimonials from people whose lives and businesses have been made more cost-effective and sustainable by driving the electric and hybrid cars that make up the majority of Co Wheels’ fleet.

As the workforce increasingly demand better CSR policies, more climate-conscious compensation packages and greener, healthier corporate transport continues to grow in popularity, a corporate membership to the car club means businesses no longer need provide costly and company cars, but instead give employees access to the Co Wheels fleet at minimum cost to the environment.

It was found that Co Wheels cars give off 54% less emissions than the average privately owned cars in the UK, making them the greenest, cleanest national car club in the country.

"The findings in the report confirm that small, incremental changes by people and organisations make a bigger impact on sustainability efforts than grand slogans and unmet promises. If everyone knew the benefits of car clubs they’d be much more widely used – the impact report will help businesses, local authorities, and individuals understand how they can adapt for a greener future". Richard Falconer, Managing Director, Co Wheels

Co Wheels is on track to increase the electric vehicles in their already leading fleet by 20% by 2025.

He added: “From the start of our journey, we have focused our efforts on helping businesses and communities save money and live sustainably. We are not here to be a car rental service, but to try and embed sustainable vehicles into people's everyday lives without needing to own a car.”

The social impact report includes an extensive insight into plans that Co Wheels has made for the future, actively pursuing wider mobility partnerships including e-bikes, e-scooters and innovative public transport options.

The report can be viewed in full here Impact Report 2021

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