Environmental Stewardship
According to the EPA’s Fast Facts on Transportation Greenhouse Gas Emissions, transportation is identified as the fastest-growing source of global greenhouse gas emissions, and vehicles are believed to account for at least 15% of those emissions. As a provider of global mobility solutions, we are committed to operating responsibly and doing our part to contribute to a safe and sustainable environment, globally.
The Future of Mobility
We actively anticipate and respond to changes in mobility around the globe.
As connected and autonomous vehicles become increasingly more common, we aim to enhance the Company’s core capabilities, including data intelligence and technology to develop new lines of business.
Our long-term investments in connectivity, mobile digital user experience, and new technology partnerships help position us for future growth in an evolving mobility world.
Integrating Electric Vehicles
On average in 2023, we had more than 87,000 hybrids and EVs in our global fleet. At the end of December 2023, nearly 65% of our fleet in Scandinavia was either hybrid or electric, with nearly 86% of Norway’s rental fleet comprised of more sustainable mobility solutions.
To fully integrate electric vehicles (EVs) into our business, Avis Budget Group has developed a three-pronged approach focused on the customer journey, infrastructure, and technology.
Fleet Maintenance & Optimization
The digitalization of our fleet drives significant operational efficiencies.
Our locations receive critical real-time data, such as preventative maintenance, tire pressure, vehicle condition, and mileage alerts. In doing so, we can ensure our vehicles are in top condition to support customer safety and satisfaction.
Carbon Offset Program
Through our Carbon Offset Program, we quantify the Greenhouse Gas (GHG) emissions associated with corporate customers’ rental car transactions.
We engage with carbon offsetting experts to offer corporate customers the option to minimize the environmental impact of their car rental activities.
Based on their use of Avis Budget Group vehicles and associated carbon emissions within a calendar year, we offset those carbon emissions through cost efficient projects.
Energy Efficiency
We incorporate industry best practices to increase energy efficiency at locations, and use ratings and certifications, including Leadership in Energy and Environmental Design (LEED), ENERGY STAR, and ISO 14001, to guide progress.
Our ongoing efforts are focused on upgrading exterior and interior lights to LED lighting, as well as utilizing LED lighting for all Avis Budget Group branded signage.
Waste & Water Reduction
We strive to be responsible, efficient stewards of local water resources in the communities where we operate. We also aim to reduce operational waste by decreasing waste generated, increasing recycling, and repairing and reusing materials whenever possible.
Our investments into a newer, more connected fleet, together with a data-driven maintenance program, also support our waste reduction efforts.
Download the full report to learn how we’re moving the future of mobility forward by increasing sustainable practices and contributing to a safe and equitable environment, globally.