Vertu Motors

Vertu Motors plc makes £4.4 million investment in sustainability initiative

11/03/2024

Vertu Motors plc continues to take significant steps forward in its commitment to sustainability and environmental stewardship with a £1.2 million investment aimed at enhancing energy efficiency across all its locations.

The project saw the replacement of existing power-hungry lighting systems with state-of-the-art LED technology, marking a major milestone in the Group's efforts to reduce its carbon footprint and promote sustainable operations.

TEP Electrical Distributors, which is based in Darlington, upgraded the lighting at 117 sites and carried out work to improve lighting comfort levels within the call centres.

The transition to LED lighting is expected to reduce the total energy consumption for Vertu Motors plc's entire estate by up to seven percent and save around 433 tonnes in CO2 emissions each year. The move not only demonstrates the Group’s ongoing dedication to environmental responsibility but also aligns with the broader strategy to incorporate sustainability into every aspect of business operations.

Robert Forrester, Chief Executive of Vertu Motors plc, said "We are committed to leading the way in the automotive sector by adopting sustainable practices that make a real difference.

“This £1.2 million investment in LED lighting is a testament to our continued dedication to sustainability and our ambition to reduce our environmental impact."

Further cementing its commitment to environmental sustainability, Vertu Motors plc also announces that all of its electricity needs are met through a mix of 100% certified renewable and clean energy sources. A significant portion of this green energy will be self-generated onsite through the £3.2 million installation of roof-mounted photovoltaic (PV) systems across various locations. This approach not only highlights Vertu Motors plc's commitment to reducing reliance on fossil fuels but also positions the Group as a leader in sustainable business practices within the automotive industry.

"By transitioning to 100% renewable and clean energy sources, including significant contributions from our own roof-mounted PV systems, we are taking a bold step towards minimising our environmental impact," added Robert Forrester. "These initiatives are a clear reflection of our commitment to sustainability and our responsibility towards the environment."

Vertu Motors plc's investment in LED lighting and renewable energy sources is a significant part of its ongoing strategy to promote sustainability and environmental responsibility. The Group believes that through concerted efforts and strategic investments, it can make a positive impact on the environment and reduce costs, while continuing to deliver exceptional value to its customers and stakeholders.

ENDS

NEWS RELEASE: ISSUED ON BEHALF OF VERTU MOTORS

CONTACT: Caroline Walker on 01325 363436

Notes to Editors
Vertu Motors is the fourth largest automotive retailer in the UK with a network of 190 sales outlets across the UK. Its dealerships operate predominantly under the Bristol Street Motors, Vertu and Macklin Motors brand names. Vertu Motors was established in November 2006 with the strategy to consolidate the UK motor retail sector. It is intended that the Group will continue to acquire motor retail operations to grow a scaled dealership group. The Group’s acquisition strategy is supplemented by a focused organic growth strategy to drive operational efficiencies through its national dealership network. The Group currently operates 184 franchised sales outlets and 6 non-franchised sales operations from 144 locations across the UK.

Vertu's Mission Statement is to "deliver an outstanding customer motoring experience through honesty and trust".


Vertu Motors Group websites – https://investors.vertumotors.com / www.vertucareers.com

Vertu brand websites – www.vertumotors.com / www.bristolstreet.co.uk / www.vertuhonda.com / www.vertutoyota.com / www.macklinmotors.co.uk / www.vertumotorcyles.com

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Images

Stuart Hill, General Manager at Bristol Street Motors SEAT Darlington shows off the dealership's LED lights
Stuart Hill, General Manager at Bristol Street Motors SEAT Darlington shows off the dealership's LED lights
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