The strategy aims to reduce the industry's overall environmental impacts and raise recovery rates for old cars. The industry also pledges to improve the fuel efficiency of new vehicles, and to achieve better emissions standards, and higher-quality environmental information for consumers. The SMMT will publish an annual report based on the companies' indicators and set targets to monitor progress towards sustainability.
Junior environment and industry ministers congratulated the association's strategy at its launch last Thursday, saying it would "set a good example" for other industries and sectors, "not just in manufacturing but in all types of business".
The SMMT committed itself in 1997 to reaching a recovery rate of 85% for old cars by 2002 rising to 95% by 2015 in a voluntary agreement signed with four other industry associations (ENDS Daily 15 July 1997).
SMMT, tel: +44 20 72 35 70 00.
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