“It is important to find opportunities in all facets of our business where we can reduce costs and carbon emissions at the same time,” said John Panichella, CEO, Solenis. “Adopting more sustainable technologies like hybrid and electric vehicles is another action item in our commitment to corporate social responsibility, matching the enthusiasm for sustainability that we see from our customers and stakeholders.”

Solenis will focus initially on the 82 percent of its fleet located in Europe and North America.

• Europe — Transition to battery electric vehicles where possible and plug-in hybrid vehicles elsewhere, with exceptions as needed.
• North America — Target 100 percent hybrid vehicles in the U.S., while Canada will be phased in as the local charging infrastructure matures.
• Latin America, Asia Pacific, Middle East, India and Africa will be reassessed annually, with electrification based on vehicle availability and infrastructure.

The company will conduct annual reviews to introduce new vehicles and expand into new countries.

Recent research shows that road transportation accounted for approximately 16 percent of global greenhouse gas emissions in 2023, the second-largest source of emissions behind coal-fired power. EVs are considered the single most important technology for decarbonizing the transportation sector, as they have lower life cycle emissions when compared to internal combustion engines.

The importance of fleet electrification extends beyond environmental benefits. Regulatory pressures and the evolving marketplace increasingly favor solutions that reduce carbon emissions.