As previously mentioned, Sustainability Partners is an ESG-focused company, but what does that actually mean? Electric Vehicles as a Service™ĮSG refers to a method of corporate governance whereby companies work towards the betterment of the environmental, social, and governance criteria. With this in mind, Vicinity’s MSA will enable the Company to utilize Sustainability Partners’ Electric Vehicle as a Service™ (EVaaS) program to finance the conversion of traditional government fleets to Vicinity’s electric vehicles. Some of the agreements associated with an MSA include purchase orders, pricing variations, and ownership, to name just a few. This agreement establishes what terms and conditions will govern all current and future activities. Put simply, a Master Goods and Service Agreement (MSA) refers to a contract between two or more parties. “Vicinity products are a great addition to our EVaaS program as our customers increasingly look for electrified options to meet their sustainability and ESG goals…We believe Vicinity’s product line has the diverse and compelling range of EV options they require – all from a widely-respected leader in the expanding EV market,” said Thomas Cain, CEO & Founder of Sustainability Partners.
There are a few terms to cover here so let’s get to it. The company is committed to eliminating deferred maintenance infrastructure by enabling sustainability. For context, Sustainability Partners is an Environmental, Social, and Governance (ESG) focused company. (VMC.V) announced today that it has entered into a Master Goods and Service Agreement with Sustainability Partners LLC.
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