Oplo charges ahead with latest environmental initiative

All Oplo employees offered free home chargers when switching to an electric vehicle

Leading UK consumer lender Oplo announces its latest initiative to protect our planet and radically accelerate the reduction of carbon emissions by offering all of its 230 staff a free home charging kit if they choose to switch to an electric vehicle (EV).

In addition, Oplo has teamed up with Octopus Electric Vehicles to offer free and impartial advice to Oplo employees who are thinking about switching to an EV but who would like the opportunity to ask detailed questions about making the switch.

Oplo’s headquarters at Sir Frank Whittle Way in Blackpool already have EV charging units on site for all employees needing to charge their vehicle whilst in the office.

Oplo has previously announced its intention to become a carbon neutral business by the end of this year and this latest initiative follows hot on the heels of its tree planting schemes in Scotland and Blackpool.

Commenting on the initiative, Steve McNicholas, Chief People Officer at Oplo, said:

“Transport accounts for one-third of all carbon emissions in the UK and presents both a huge challenge yet huge opportunity for businesses to powerfully play their part in helping to reduce emissions.  Oplo is intensely focused on creating positive social impact for customers, our people and our community and we want to extend this impact to the planet.

“We are delighted to offer this benefit to our hard-working employees and expect strong interest and take-up of the initiative.”

Fiona Howarth, CEO, Octopus Electric Vehicles said:

“We are thrilled to see Oplo at the forefront of this green revolution by offering our service to their employees, helping them switch to electric and lead more sustainable lifestyles.”

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Media enquiries:

corporateaffairs@myoplo.co.uk

About Oplo:

• Oplo is one of the UK’s leading providers of consumer credit, offering personal loans, home loans and car finance to the emerging “new mainstream” market of consumers seeking credit.

• Oplo makes it easier for people to access fair, expert lending with excellent personalised customer service powered by modern, innovative technology.

• Oplo has over £300m assets under management and is well on track to become the largest direct-to-consumer lender of its type in the UK.

myoplo.co.uk

Octopus Electric Vehicles

Octopus Electric Vehicles (Octopus EV) was launched in 2018 to make it easy for businesses and individuals to make the switch to electric driving.

Offering an all-in-one service, Octopus EV’s experts help drivers to select the right car, get a charge point installed and access green electricity tariffs designed especially for EV drivers. The company’s Electric Dreams service is a salary sacrifice scheme, unlocking significant savings for businesses and employees, making it even more attractive to go electric.

Drivers typically save between 30-40% on monthly leasing payments, up to 60% in some cases. The scheme is a zero-cost and low risk perk to employers, and offers a highly visible commitment to employees, local air pollution and the planet.

Octopus Electric Vehicles is part of Octopus Energy Group – an energy tech company launched in 2016 and now valued at over $2 billion, with a vision of using technology to make the green energy revolution affordable whilst transforming customer experiences.

More information can be found at www.octopusev.com