Indian Ferro Alloys Faces Numerous Challenges in 2024
Grupo Lala to Promote ESG Sustainability with Electric Vehicles
By Shubhendra Anand , 08 October, 2024
ESG Sustainability with Electric Vehicles Insight
Environmental, social, and governance (ESG) is a set of rules that facilitates preserving environmental sustainability. Electrification in the transportation sector promotes effective solutions for road sustainability for automotive companies. Therefore, fast progress in producing electric vehicles and these vehicles on the road is important. Electrification in commercial transportation is a way to help companies achieve their ESG goals. Grupo Lala, the world's largest dairy company, will introduce 101 electric vehicles for deliveries in 2024. Hence, the company will introduce EVs to deliver products in 2024 to maintain the ESG norms
ESG promotes the rapid electrification process to fulfill sustainable goals. However, it is not easy for any company to introduce a fleet of electric vehicles into the market. Recently, Grupo Lala plans to introduce 101 electric vehicles into the market. These vehicles include 30 electric delivery trucks and 71 utility vehicles in 2024. These vehicles are fully electric and refrigerated since they are meant for Lala's product delivery purposes. The company claims that this initiative by the Grupo Lala can reduce the carbon emissions of up to 3 tonnes of carbon emission from each vehicle annually. Thus, it adds up to the clean energy transition process. Hence, it shows that companies adopting similar initiatives like Grupo Lala will boost the clean energy transition.
Experts claim that the main motto behind such initiatives fulfills ESG sustainability demands. Therefore, electrification in the transportation sector is an excellent idea for implementing corporate sustainability. Other prominent market players are IKEA, Estee Lauder, PepsiCo, Amazon, and Bayer. These companies are essential in promoting ESG's sustainability with fleet electrification in 2024.
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Shubhendra Anand
Head Research
