BrightView Continues Electric Conversion of Fleet Vehicles with Deployment of 100 Chevrolet Bolt EUVs

Rhea-AI Summary

BrightView (NYSE: BV) has announced the purchase of 100 electric Chevrolet Bolt EUVs as part of its commitment to sustainability and carbon reduction. This addition increases its electric and hybrid vehicle count to nearly 400 out of a total fleet of 11,000 vehicles. The company aims to convert all its 3,000 field managers' vehicles to electric and hybrid by 2025, aiming to achieve carbon neutrality by 2035. BrightView's initiatives also include converting landscaping equipment to battery power and utilizing smart technology for irrigation.

Positive

• Acquisition of 100 electric vehicles enhances fleet sustainability.
• Nearly 400 electric and hybrid vehicles now in management fleet.
• Aims to convert 3,000 field managers' vehicles to electric/hybrid by 2025.
• Long-term goal of carbon neutrality by 2035.

Negative

• None.

Newest Addition of Electric Cars Furthers the Nation’s Largest Commercial Landscaper’s Sustainability Pledge to Reduce Greenhouse Gas Emissions

BLUE BELL, Pa.--(BUSINESS WIRE)-- As part of its ongoing effort to convert its fleet of vehicles to electric, BrightView (NYSE: BV), the nation’s leading commercial landscaping company, today announced the purchase of 100 electric-powered Chevrolet Bolt EUVs that will be put into service across the country, beginning this month. With the deployment of these new cars, BrightView’s management fleet is now comprised of nearly 400 electric and hybrid vehicles.

Today, BrightView announced the addition of 100 Chevy Bolts to its growing fleet of electric vehicles, as part of its pledge to reduce carbon emissions. (Photo: Business Wire)

Over the next four years, the company’s aim is to convert its fleet of 3,000 field managers’ vehicles to electric and hybrid. Today’s announcement – and similar enterprise efforts – is a part of BrightView’s overall environmental sustainability strategy of reducing its carbon footprint and becoming carbon neutral by 2035.

“As a company dedicated to developing, designing, and maintaining the best landscapes on Earth, we are continually seeking sustainable solutions that minimize our impact on the environment,” said Andrew Masterman, BrightView President and Chief Executive Officer. “The addition of electric and hybrid vehicles is yet another example of our commitment to investing in the future of our planet and achieving our environmental goals.”

BrightView’s Sustainability Journey
BrightView’s quest toward carbon neutrality began more than 10 years ago and continues today by incorporating sustainable practices into its everyday operations to help protect and preserve the environment. These measures include, but are not limited to:

• Continuing to electrify its fleet of 11,000 vehicles to reduce emissions
• Converting gas and two-cycle landscaping equipment to battery power
• Utilizing smart technology in irrigation systems to reduce water usage
• Moving its real estate infrastructure to green and sustainable energy

Did You Know?

• BrightView is partnering with the Arbor Day Foundation to plant 300,000 trees throughout the U.S. by January 2023. These trees are in addition to the more than 80,000 trees and millions of shrubs, ornamentals, and grass BrightView plants annually.
• BrightView provides water-efficient landscaping services and partners with clients to reduce their water and energy use. The mix of smart irrigation strategy and technologies – along with client education – contribute to overall water efficient practices.

For more information on BrightView’s commitment to sustainability, visit www.BrightView.com.

About BrightView
BrightView (NYSE: BV), the nation’s largest commercial landscaper, proudly designs, creates, and maintains the best landscapes on Earth and provides the most efficient and comprehensive snow and ice removal services. With a dependable service commitment, BrightView brings brilliant landscapes to life at premier properties across the United States, including business parks and corporate offices, homeowners' associations, healthcare facilities, educational institutions, retail centers, resorts and theme parks, municipalities, golf courses, and sports venues. BrightView also serves as the Official Field Consultant to Major League Baseball. Through industry-leading best practices and sustainable solutions, BrightView is invested in taking care of our team members, engaging our clients, inspiring our communities, and preserving our planet. Visit www.BrightView.com and connect with us on Twitter, Facebook, and LinkedIn.

Forward-Looking Statements
This press release includes certain disclosures which contain “forward-looking statements.” You can identify forward-looking statements because they contain words such as “believes” and “expects.” Forward-looking statements are based on BrightView’s current expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements, which are neither statements of historical fact nor guarantees or assurances of future performance. Forward-looking information in this release includes statements about BrightView’s pursuing and achieving targets, commitments and goals in its environmental, social and corporate governance (ESG) focus areas, including its carbon neutrality targets, and the conversion of its vehicle fleet to electric and hybrid vehicles. Actual results may differ materially from those projected in such statements due to various factors, including but not limited to BrightView's ability to achieve the targets, commitments and goals referred to in this press release and elsewhere and unexpected delays, difficulties, and expenses encountered or incurred in pursuing such commitments, goals and programs. Additional factors that could cause actual results to differ materially from those in the forward-looking statements can be found under the caption “Risk Factors” in BrightView’s most recent annual report on Form 10-K filed with the SEC, as such risk factors may be updated from time to time in its periodic filings with the SEC, which are accessible on the SEC’s website on www.sec.gov. Any forward-looking statement in this release speaks only as of the date of this release. BrightView undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

Source: BrightView Landscapes

View source version on businesswire.com: https://www.businesswire.com/news/home/20220726005208/en/

Jim Brinckman

610-412-9709

jim.brinckman@brightview.com

Source: BrightView Landscapes

FAQ

What did BrightView announce regarding electric vehicles on [insert date]?

BrightView announced the addition of 100 electric Chevrolet Bolt EUVs to its fleet as part of its sustainability efforts.

How many electric vehicles does BrightView have now?

BrightView now has nearly 400 electric and hybrid vehicles in its management fleet.

What is BrightView's goal for its vehicle fleet by 2025?

BrightView aims to convert its 3,000 field managers' vehicles to electric and hybrid by 2025.

What is BrightView's target for carbon neutrality?

BrightView aims to achieve carbon neutrality by 2035.

What sustainability practices is BrightView implementing?

BrightView is converting gas equipment to battery power and using smart technology in irrigation systems.