Features
18 mar 21

2020 was LeasePlan’s “greenest year ever”

LeasePlan today published its full annual report for 2020. The highlights: an underlying net result of €406 million and 16% revenue growth for CarNext.com. But there’s no denying 2020 also was a tough year for LeasePlan, as we have reported earlier.

LeasePlan’s full (239-page) annual report can be viewed and downloaded here. Below are some of the highlights.

  • LeasePlan achieved an underlying net result of €406 million, 27% less than last year’s €557 million. 
  • The underlying return on equity was 10.3% in 2020. The previous year, it had been 15.2%.
  • New EVs comprised 14.9% of LeasePlan’s orders last year, virtually double the share in 2019. The target is 100% by 2030. 
  • Average tailpipe CO2 emissions in 2020: 126 g/km. In 2019: 133 g/km. Target is 0 g/km by 2030.
  • In 2020, LeasePlan maintained its gender diversity score from the year before: 30% women in the top three layers of its hierarchy – meaning it’s achieved its target for 2030 more than a decade early.

Tex Gunning, CEO of LeasePlan, said the company “finished one of the most difficult years in living memory in line with the plans set out at the beginning of the crisis, (…) delivering a solid underlying net result.”

Despite the unprecedented circumstances, LeasePlan didn’t stand still: “We made significant investments in digital and CarNext.com, and delivered the greenest year in our history, with new orders for (BEVs and PHEVs) doubling to 16.5% of all our new orders as of Q4 2020.” 

Picture copyright: LeasePlan, 2021.

Authored by: Frank Jacobs