ESG • VEMO

Committed to being a force for good

The transport industry contributes up to 20% of the carbon emissions driving the climate crisis. At VEMO, we believe electromobility is more than a technological shift – it’s a revolution that holds the power to transform lives.

How we are driving change

Together we can change how people move around.

Here are the areas where we believe we can do the most good.

Climate Change

Our electric fleet reduces CO2 emissions by 66% during the operational phase compared to combustion vehicles.

Air Pollution

We contribute locally to improving air quality by avoiding emissions of harmful gases (SOx, NOx, PM).

Clean Energy

We are on the road to secure agreements with Qualified Suppliers to provide with clean energy our highest capacity charging hubs.

Green Jobs

We help create green jobs that combat climate change and improve well-being, while also striving to offer fair wages and safe working conditions.

Financial Inclusion

Promoting financial inclusion for independent drivers to help them build assets, reduce operating costs, and decrease their environmental impact.

VEMO Way

We foster the development of talent and knowledge in clean mobility technologies and create partnerships with various stakeholders in the ecosystem to accelerate the adoption of electromobility in the region.

Aligned with the UN 2030 Agenda

The United Nations (UN) established 17 Sustainable Development Goals (SDGs) to protect the planet and promote prosperity and well-being. We have identified 7 SDGs that are strategically important to us.

Ensure healthy lives and promote well-being for all at all ages.
3.6.- By 2020, halve the number of global deaths and injuries from road traffic accidents.
3.9.- By 2030, substantially reduce the number of deaths and illnesses from hazardous chemicals and air, water and soil pollution and contamination.

Ensure access to affordable, reliable, sustainable and modern energy.
7.2.- By 2030, increase substantially the share of renewable energy in the global energy mix.

Promote inclusive and sustainable economic growth, employment and decent work for all.
8.5.- By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value.

Reduce inequality within and among countries.
10.3.- Ensure equal opportunity and reduce inequalities of outcome, including by eliminating discriminatory laws, policies and practices and promoting appropriate legislation, policies and action in this regard.

Take urgent action to combat climate change and its impacts.
13.1.- Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries.

Promote just, peaceful and inclusive societies.
16.5.- Substantially reduce corruption and bribery in all their forms.

Revitalize the global partnership for sustainable development.
17.1.- Strengthen domestic resource mobilization, including through international support to developing countries, to improve domestic capacity for tax and other revenue collection.

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Our Impact in 2023

tCO2e

GHG Emissions Scope 1, 2, and 3

30,363 tCO2e

Total 2023 carbon footprint, including scopes 1, 2 & 3.

tCO2e

Avoided GHG Emissions

10,813 tCO2e

In 2023, avoided emissions were equivalent to 38% of the company’s total carbon footprint.

Air quality avoided emissions (NOx, SOx, PM)

8,903 Kg

In 2023, 8.9 tons of air pollutants were avoided, allowing millions of citizens to breathe cleaner air.

Of corporate staff were women

23 %

As part of our diversity, equity, and inclusion strategy, we aim to increase the representation of women throughout the company.

The VEMO Way

Throughout 2023, we actively sought opportunities to enact positive change, whether by supporting local initiatives or aiding those in need during crises.

Casa Muñecas Tiresias

We organized a donation among our employees to support trans women in this vital shelter.

Red Cross

We mobilized aid for those affected by Hurricane Otis, donating essential items through a collection campaign.

Reforestation

We collaborated with EcoHouse in a reforestation activity in Argentina to help preserve the environment.

APAC, I.A.P.

We conducted a corporate volunteering event at this NGO that supports people with cerebral palsy.

Materiality Analysis

To identify the most relevant sustainability elements for our business, we conducted a thorough materiality assessment. This analysis aligned our key economic, environmental, and social impacts with the interests of our stakeholders. Through this process, we identified 11 critical ESG aspects pertinent to VEMO’s performance. This has allowed us to pinpoint priority areas where we can make the most significant impact.

Material Topics

Quality, Health, and Safety
Talent, training, and development
Partnerships and strategic alliances
Climate change
Waste management
Renewable energies
Compliance and good corporate practices
Promotion of job creation and reduction of inequalities

For more information on our material topics, please read our sustainability report.

The goal of VEMO Talks is to provide young environmentalists and entrepreneurs, companies, NGOs, public and multilateral entities, all responsible and committed to sustainable development and a robust ESG agenda, with relevant and technically sound information on their areas of interest.