ESG Policy

ESG COMMITMENT

As an automotive technology company with a vision to become the cornerstone of tomorrow’s zero emission EVs, REE Automotive is committed to environmental stewardship, caring for our people and communities, and maintaining responsible governance and oversight across our operations.  

The automotive landscape is currently undergoing a significant transformation. Centuries-old technology and vehicle architecture has never been challenged until now. Here at REE, we are redefining the commercial vehicle industry with our fully modular electric vehicle platform. We are building the next phase of mobility and are focused on doing so in a manner that benefits all of our stakeholders, including customers, partners, employees, and the communities where we work. We believe the future of electric mobility will be Powered by REE.  

CEO STATEMENT

We are incredibly passionate about creating a more sustainable world for future generations – it’s an ethos that’s at the core of our business and is shared by the teams across REE Automotive. Helping businesses significantly lessen their impact on the environment, and subsequently the communities in which they operate, is at the forefront of everything we do and we are committed to supporting our partners and customers to accelerate their adaptation to electric vehicles. We are very excited to play such an important role in the transformation transport industry, as we integrate vehicles Powered By REE into fleets around the world.

Daniel Barel, REE’s co-founder and CEO

ENVIRONMENTAL STEWARDSHIP

REE is committed to being a responsible steward of the environment and working with our customers and suppliers to reduce our impact across our value chain. Since we are building the vehicles for tomorrow, we recognize our responsibility to protect the environment for future generations.  

We take pride in helping customers achieve their sustainability goals through the electrification of their vehicle fleets, and are committed to holding ourselves to an even higher standard. We strive to use energy in the most efficient, cost-effective, and environmentally responsible manner possible. We are taking the necessary steps to measure and monitor the carbon emissions from our facilities, and are committed to reducing the environmental impacts of our operations. We are also continuously looking for ways to conserve natural resources, including water, and effectively manage materials across our operations.  

As a responsible member of the international business community, REE is committed to being an active proponent of environmental awareness in the communities where we live and work. We believe in engaging with stakeholders regarding our environmental impact and welcome all opportunities for collaboration. 

OUR PRODUCTS

Innovation is at the core of our DNA. This is what drives us, throughout the development process all the way through manufacturing to customer support. We design our vehicles with the strictest commitment to quality and safety to ensure the protection of drivers, passengers, and all other road users. As outlined within our Product Quality & Safety Policy, we certify all our owned facilities with ISO 90001 certification, which ensures that customers get consistent, great-quality products and services.

At REE, we require that every employee receive quality and safety induction training on our facilities and processes. In addition, REE conducts safety inspections and tests at every phase of our operation to ensure safe and effective performance for all our products and services. Our commitment to quality and safety extends to suppliers, that are required to provide evidence of the highest standard of safety and quality.  

 

OUR PEOPLE & COMMUNITY

As an EV company, REE is dedicated to creating a future that respects, values, and empowers all stakeholders. In addition, we are committed to protecting the communities from which we operate across multiple countries and continents. Within each community, we commit to protecting our employees’ and neighbors’ health and safety, being good citizens, and respecting business ethics. Innovation and collaboration are at the core of our business, and we extend these values to how we interact with the local communities where we operate. 

We embrace and celebrate the unique experiences, perspectives, and cultural backgrounds that our employees bring to the workplace. REE is committed to recruiting a workforce that reflects the diversity of the communities in which we operate, and regularly monitors and reviews the gender and ethnic diversity of job applicants, new hires, and senior management to evaluate our efforts to increase our diversity. We strive to foster an environment where our employees feel respected, valued, and empowered, and it is a shared responsibility of all employees, including our management team, to create a supportive and inclusive workplace culture.   

RESPONSIBLE GOVERNANCE

At REE Automotive, our foundation is built upon ethical and responsible governance practices.  

We are committed to maintaining the highest standards of ethical business conduct and professional integrity. Our Executive Leadership, and ultimately our Board of Directors, is charged with overseeing and ensuring that the best interests of our shareholders, as well as our additional stakeholders including our customers, partners, employees, and the communities where we work, are being served. We are committed to aligning with industry-leading best practices and establishing company-wide policies that outline the Company’s standards for all business operations.  

See our linked corporate policies relating to our environmental, social, and governance documents below, and visit our Investor Relations’ Corporate Governance page for additional information on our Executive LeadershipBoard of Directors, and corporate governance documents.   

REE CORPORATE POLICIES