New ‘Driving Change’ ESG Charter commits Lotus to become first established sports car maker to go fully electric

Lotus launches 'Driving Change' ESG Charter

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  • All new Lotus production vehicles from 2023 will be fully electric
  • Lotus will be certified as a net-zero business through a commitment to become a SBTi (Science-Based Target initiative) organisation
  • Lotus signs up to COP26 Zero Emissions Vehicle (ZEV) declaration

 

Hethel, UK – 28 June 2022  Lotus has launched ‘Driving Change’, its new Environmental, Social and Governance (ESG) Charter. Its four core commitments will pave the way for the car maker’s future success as a responsible global business.

The four core commitments are:

  • All new mainstream vehicles from Lotus from 2023 will be fully electric
  • Lotus will be certified as a net-zero business through a commitment to become a SBTi (Science-Based Target initiative) organisation
  • The global community of Lotus colleagues – US LOT – will be at heart of global sustainable growth, ensuring all those inside the business are ‘called to action’ on the ESG priorities
  • Lotus is fully committed to inspiring the next generation through education and global communities’ outreach

Highlighting how Lotus will become the first established sports car maker in the world to have a fully electric product range, the charter is a key part of the Vision80 strategy which is guiding the transformation of Lotus, from a UK sports car company to a truly global performance car business and brand ahead of its 80th anniversary in 2028.

A strong ESG proposition promotes business efficiency, employee engagement and productivity, investment and asset optimisation. It also ensures Lotus is always aligned to its external regulatory commitments, driving innovation and competitiveness across all aspects of the business.

Matt Windle, Managing Director, Lotus Cars, said: “Our new ESG Charter formalises many activities that we have been carrying out for a number of years. Lotus as a business has always been agile, efficient and impactful within the automotive industry. Now, more than ever, as we transform rapidly to become a global pioneer of electric performance vehicles, we recognise our responsibility to do so in ways that lead our industry in minimising its impact on the environment, benefitting society and the planet as a whole.”

Lord Grimstone, UK Government Minister for Investment, said: “It is brilliant to see Lotus, a truly iconic UK car brand, leading on the transition to cleaner transport by joining the Zero Emission Vehicle Declaration. I look forward to seeing Lotus continue to innovate and combine electrification with high performance".

All new mainstream vehicles from Lotus from 2023 will be fully electric
The first of the four core ESG commitments is through the Lotus product line-up; all future new mainstream vehicles from Lotus will be fully electric. It’s a move inspired by the Lotus Evija – the world’s most powerful production car – launched in 2019 as the first British electric hypercar. Customer deliveries begin later this year.

The Evija was followed by the Emira sports car launched in 2021. It is not an EV but was designed using the same aerodynamic and efficiency principles, and is the last internal combustion engine-powered production car from Lotus. The Emira has also been designed and engineered to be more than 95% recoverable and more than 85% recyclable.

The latest of Lotus’ new generation of cars is the Eletre, launched earlier this year. It marks the company’s transition to a full line-up of electric vehicles and seals the brand’s place in history as the world’s first established sports car maker to go fully electric. The Eletre is a bold new hyper-SUV and sees the iconic Lotus sports car DNA evolved for a new generation of customers.

These new Lotus models will be joined by three more EVs in the next four years – a four-door sports sedan (the Type 133, which launches in 2023), a second SUV (Type 134, in 2025) and a lightweight next-generation sports car (Type 135, in 2026).

Lotus is also supporting other businesses in their desire to move to an all-electric future. The company’s Lightweight Electric Vehicle Architecture (LEVA) is the innovative new technology underpinning the Type 135 for Lotus, and is also commercially available through Lotus Engineering, the consultancy division of the business.

The passion that Lotus owners have for the brand is also part of the sustainability story. Since 1948, when the first Lotus car was born, more than 105,000 have been built and Lotus estimates up to 70% are still in use.

Lotus will become a net zero company through a commitment to become a Science-Based Target initiative (SBTi) organisation
The ESG Charter commits Lotus to become a SBTi organisation. Using an SBTi provides guidance and methods to companies to set science-based targets in line with the latest climate science.

The ultimate goal for Lotus is for certification as a net-zero company. This will be achieved through sustainability in the design of its products and the way they are manufactured, and is well underway today. The Driving Change commitment includes significant reduction in carbon emissions throughout the business; substantial elimination of waste; driving efficient and sustainable use of resources in both operations and supply chains; and protecting and preserving natural environments.

Much of this work is already in progress. For example, Lotus is a proud signatory of the COP26 zero emissions vehicle declaration, uses a REGO (Renewable Energy Guarantees of Origin) energy tariff to power all UK sites, has installed energy sensors to monitor and analyse energy consumption and a solar array is in development to provide up to 30% of the total requirement. In addition, all human waste from the site is recycled and used to support local agriculture.

The global community of Lotus colleagues – US LOT – will be at heart of global sustainable growth, ensuring all those inside the business are ‘called to action’ on the ESG priorities
Lotus is and always will be a ‘people business’, constantly recognising teams of colleagues around the world. The global community of Lotus colleagues – collectively known as US LOT – will be at heart of its sustainable growth. Priority is given to the health and well-being of the entire Lotus community – both inside (employees and business partners) and outside the business (customers and fans) and this is key to the success of the business as it grows.

The Driving Change ESG Charter also ensures that diversity, equality and inclusion continue to be aligned to the core culture of respect; these are the fundamentals which have been passed down through the last 74 years, from when founders Colin and Hazel Chapman built the first Lotus car in 1948.

Lotus is fully committed to inspiring the next generation through education and global communities’ outreach programmes
To help inspire the next generation of Lotus colleagues, the business is leveraging its unique global appeal to stimulate the ambitions of young people, especially in the creative STEAM subjects (Science, Technology, Engineering, Art, Mathematics). Educational outreach programmes, including school visits to Lotus manufacturing facilities and the Lotus Learning Academy, have proved popular with local communities, and will continue and evolve.

Linked to this is how the company recognises that the Lotus family thrives beyond its site boundaries. It is already working with its communities outside the core business to provide support and stability within its environments.

To underpin the new ESG Charter, Lotus is adopting and aligning its strategy to external frameworks including the UN Global Compact. These frameworks follow recognised and accepted best practice for like-minded organisations. They include commitments to transparent, responsible and ethical business management with complete compliance to all legislation, yet allow Lotus as it grows to remain nimble so governance processes can expand and evolve.

 

Ends

 

Notes to Editors

For more information please contact the Lotus Communications team:

James Andrew, Executive Director, PR and Communications

jandrew@lotuscars.com

+44 (0) 7384 830903

 

Rob Borrett, Head of Media and Launch Programmes

rborrett@lotuscars.com

+44 (0) 7718 560789

 

Richard Yarrow, Head of News and Technology Communications

ryarrow@lotuscars.com

+44 (0) 7471 994525

 

Alastair Florance, PR Manager, News and Technology

aflorance@lotuscars.co.uk

+ 44 (0) 7802 918662

 

Samantha Thomas, PR Officer, Product Press and Digital Media

sthomas2@lotuscars.com

+44 (0) 7909 813785

 

The Lotus media site – https://media.lotuscars.com – contains news, images, specifications and full details of current models, as well as heritage cars and engineering technology.

For the latest news and information from the Lotus PR Team please follow:

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For Lotus Cars social media please follow:

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https://www.youtube.com/grouplotus

https://www.linkedin.com/company/group-lotus

 

About Lotus

Lotus Cars is based in Hethel, Norfolk, UK, and is the global HQ for sports car and hypercar manufacturing operations, Lotus Advanced Performance and the iconic 2.2-mile test track. Lotus Cars builds world-class high-performance cars, born out of legendary success on the racetrack including 13 FIA Formula 1 world titles and many other championship honours. In July 2021 Lotus unveiled the all-new Lotus Emira, its last petrol-powered sports car and best-of-breed, and in July 2019 it launched the Evija, the world’s first all-electric British hypercar. Customer deliveries of both cars will begin during 2022. In March 2022 Lotus revealed the Eletre, the world’s first all-electric hyper-SUV. Customer deliveries will begin in 2023. The Lotus Type 135, an all-electric sports car, is currently being designed and engineered at Hethel.

Lotus Engineering provides comprehensive consultancy services to many of the world's OEMs and Tier 1 suppliers. It is internationally recognised for its long-standing contribution to ground-breaking engineering and innovative vehicle development. Its expertise extends beyond automotive; in August 2021 a Lotus Engineering-developed track bike helped Team GB’s cyclists win seven medals, including three golds, at the Tokyo Olympics. An international consultancy with offices around the world, Lotus Engineering is headquartered at the Lotus Advanced Technology Centre on the University of Warwick’s Wellesbourne Campus in the UK.

Lotus Tech is an affiliate company of Group Lotus, established as part of the Vision80 strategy established in 2018. With operational assets across China, the UK and Europe, Lotus Tech is dedicated to delivering smart lifestyle battery electric vehicles (BEVs) such as the Eletre. Lotus Tech is focused on R&D in next-generation automobility technologies such as electrification, digitalisation and more. In addition to the Lotus Eletre, Lotus Tech plans to launch further BEV models including a sports sedan (Type 133) another SUV (Type 134) and more, as Vision80 reaches maturity in 2028.

Group Lotus is either the parent company of or affiliated with the above. In 2017, Geely Holding Group, one of the fastest growing automotive group in the world, acquired a 51% stake in Group Lotus. The other 49% is owned by Etika Automotive, a Malaysian conglomerate.