Major Insurer Converts Fleet of 900 to Electric Vehicles

The insurer is the latest in a string of Australian companies improving climate credentials as the government mandates reporting.

A car advertises its green credentials in Albany, Western Australia, on April 11, 2024. Susan Mortimer/The Epoch Times

Insurance Australia Group (IAG) will transition its fleet of more than 900 vehicles to electric and hybrid models by the end of the 2030 financial year.

The multinational insurance company, listed on the Australian Stock Exchange (ASX), is aiming to become a net zero insurer by 2050.