Geotab has released its 2023 Sustainability and Impact Report, Trust. Transparency. Transformation.highlighting how data-driven insights are helping Geotab and global organisations better measure and achieve their climate goals.
The report also delves into the tougher challenges of managing business and environmental impact, including increased business travel and much-needed transparency associated with Scope 3 emissions.
“The climate crisis demands action,” says Neil Cawse, Founder and CEO of Geotab.
“The transportation industry is one of the largest sources of CO2 emissions with a tremendous opportunity in the near term to make a positive impact.”
Geotab’s greatest impact is in supporting customers and partners to drive transformation through data-driven insights and AI, enabling informed decision-making as they report and track progress on all stages of the sustainability journey.
In a recent survey by Geotab, 87 per cent of U.S. fleet professionals expected their cost of business to rise in 2024, and 40 per cent confirmed they use data intelligence to create a more sustainable fleet by flagging and improving fuel economy and idling.
“As a close partner to that industry, we have a moral obligation to do our part in supporting carbon reduction — not just for ourselves, but for our customers too,” adds Neil.
“This has to be a collaborative approach. There are too many challenges to address and solve in isolation.”
Data insights regarding fuel use, better routing, emissions management, better driving behaviour such as reducing harsh braking, and the integration of EVs into fleets help address cost and improve the bottom line.
As part of its commitment towards a more sustainable world, Geotab has pledged to reach net-zero emissions by 2040 — a decade earlier than called for in the Paris Agreement — and is aiming for a 50 per cent reduction in emissions across Scopes 1, 2 and 3 by 2030.
The latest report shows Geotab has made progress in reducing direct and indirect operational emissions over the past year.
To explore the full report, visit: geotab.com/about/corporate-sustainability/
For more information on Geotab, click here.
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