BrightView Landscapes Accelerates Deployment of Eco-Friendly Fleet

Rhea-AI Summary

BrightView (NYSE: BV) strengthens its commitment to sustainability by adding 250 hybrid vehicles to its fleet, reaching nearly 700 by year-end 2023. This initiative aligns with its four-year plan to transition its fleet of 3,000 vehicles to more eco-friendly options. CEO Andrew Masterman emphasizes the company’s dedication to minimizing environmental impact through sustainable practices. BrightView's ongoing efforts, including previous additions of 100 Chevrolet Bolt EUVs, demonstrate a robust strategy toward achieving carbon neutrality.

Positive

• Addition of 250 hybrid vehicles boosts fleet to nearly 700 by end of 2023.
• Commitment to sustainability aligns with broader environmental goals.
• Proactive strategy to convert 3,000 vehicles to eco-friendly options.

Negative

• None.

Nation’s Largest Commercial Landscaper Continues to Reduce Greenhouse Gas Emissions with Addition of 250 More Hybrid Cars and Trucks

BLUE BELL, Pa.--(BUSINESS WIRE)-- BrightView (NYSE: BV), the nation’s leading commercial landscaping company, today announced the addition of more than 250 hybrid vehicles to its management fleet, as part of its strategy to reduce greenhouse gas emissions. With the introduction of these vehicles, BrightView’s total field manager fleet of electric and hybrid cars and trucks will total nearly 700 by the end of 2023.

BrightView continues its deployment of hybrid vehicles, which includes Ford Maverick Hybrids (left) and Honda Accord Hybrids. (Photo: Business Wire)

This newest deployment includes Ford Maverick Hybrids, Honda Accord Hybrids, and Toyota Corolla Hybrids. Earlier this year, BrightView announced the addition of 100 Chevy Bolt EUVs.

“As the commercial landscaping industry leader, we’re continually driving for a greener future,” said Andrew Masterman, BrightView President and Chief Executive Officer. “Whether it’s within our management fleet, production equipment, or service applications, we are committed to pursuing initiatives and implementing programs that minimize our impact on the environment.”

The migration to electric and hybrid vehicles is part of BrightView’s four-year plan for converting its fleet of 3,000 field manager cars and trucks to more sustainable power sources and represents another step toward achieving BrightView’s broader environmental sustainability goal of becoming carbon neutral.

BrightView’s “Greener Future”

BrightView continues to incorporate sustainable practices into its everyday operations to help protect and preserve the environment. By converting gas and two-cycle landscaping equipment to battery power, deploying an eco-friendly fleet of vehicles, reducing water usage through smart irrigation technology systems, and moving its real estate infrastructure to green and sustainable energy, as well as other meaningful efforts, BrightView’s forward-thinking approach to helping realize a brighter, greener future is further transforming the commercial landscaping marketplace.

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/20220915005176/en/

Jim Brinckman

610-412-9709

jim.brinckman@brightview.com

Source: BrightView Landscapes

FAQ

What is BrightView's plan for its vehicle fleet in 2023?

BrightView plans to add 250 hybrid vehicles to its fleet, totaling nearly 700 eco-friendly vehicles by the end of 2023.

How many hybrid vehicles does BrightView currently have?

By the end of 2023, BrightView will have nearly 700 hybrid and electric vehicles in its fleet.

What are BrightView's sustainability goals?

BrightView aims to achieve carbon neutrality and convert its entire fleet of 3,000 vehicles to sustainable energy.

When did BrightView announce the new hybrid vehicles addition?

BrightView announced the addition of hybrid vehicles on September 15, 2022.

Which hybrid vehicle models is BrightView adding to its fleet?

BrightView is adding Ford Maverick Hybrids, Honda Accord Hybrids, and Toyota Corolla Hybrids.