Inchcape has recently published its inaugural sustainability report, as it makes progress towards upcoming sustainability targets.
Inchcape has recently rolled out its inaugural sustainability report. This document sketches the strides Inchcape has made towards its ambitious 2023 sustainability goals, while also highlighting its pivotal role in fostering the green mobility transition.
At the heart of its ethos, Inchcape asserts that operating with integrity is fundamental to enhancing the performance of its mobility partners and fortifying ties with essential stakeholders. The report is a deep dive into the fruits of their labour across four critical pillars of their Responsible Business framework.
The past year has been marked by notable achievements: a commendable 6.6% reduction in Scope 1 and 2 emissions, the installation of solar power systems at over 40 locations, and the engagement of 800 colleagues in an Early Careers program designed to foster the next generation of leaders.
Additionally, the Women into Leadership program has seen 100 graduates, boosting female leadership from 22% in 2022 to 28% in 2023. Inchcape has also refreshed its Code of Conduct across 35 countries and initiated 21 road safety programs.
On the local front, Inchcape’s collaboration with Singapore Polytechnic birthed the Singapore Future Mobility Academy, aimed at upskilling the workforce to navigate the burgeoning electric vehicle sector.
They’ve also launched Toyota’s first car-sharing program, FlexiGo, in Tengah. A new initiative sees the introduction of water-recycling car wash gantries, set to save a staggering 7.5 million litres of water annually.
These initiatives place Inchcape on a solid path towards its long-term sustainability targets, which include slashing its absolute Scope 1 and 2 emissions by 46% by 2030, from a 2019 baseline, and achieving net-zero emissions in these categories by 2040.
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