Geotab released its 2022 Sustainability and Impact Report, titled “Unlocking the power of data for a sustainable future.”
The report outlines the company’s environmental, social, and ethical impact, and highlights how data intelligence is a key driver of success in the carbon reduction journey.
It also includes examples of how organizations in the transportation sector are starting and managing carbon reduction initiatives using data intelligence to inform their decision-making and transition.
Supporting Sustainability Goals
“The transportation sector has one of the biggest global opportunities to truly impact the climate crisis. At Geotab, we are learning from our own efforts and feel privileged to share this knowledge, supporting our customers and partners with their sustainability goals through connected transportation solutions and data insights,” said Neil Cawse, CEO and founder of Geotab.
With over 3.2 million connected vehicles around the world, Geotab is uniquely positioned to help accelerate decarbonization in the transportation sector by providing:
Full suite of data-driven tools and insights to support fleets on their sustainability journeys (including the EV Suitability Assessment (EVSA) and Green Fleet Dashboard).
Scaling electrification and technology innovation through education (such as the Geotab Fleet Electrification Knowledge Center).
Collaborating on research projects.
Fleet Sustainability
According to a recent survey by Geotab, 63% of U.S. fleet professionals reported that their organization's focus on sustainability has helped to lower operating costs in the previous year.
The report also highlights the potential for significant financial benefits through electrification, including reduced fuel and maintenance expenses and a decrease in CO2 emissions.
Geotab's Sustainability journey
With a target of net zero emissions by 2040, Geotab is on its own sustainability journey, minimizing the environmental footprint of its operations and supply chain across all three scopes and developing sustainability-focused products and solutions for fleets.
Geotab is developing a supplier program to increase supply chain sustainability. At the end of 2022, 50% of Geotab’s top 10 suppliers (by spend) were reporting their environmental data to CDP.
Geotab’s goal is to have 100% of its top 10 suppliers make a public commitment to reduce greenhouse gas (GHG) emissions by 2030.
2022 Report highlights:
In September 2022, Geotab was the first dedicated telematics company to receive validation from the Science Based Targets Initiative (SBTi) for its emissions reduction targets.
Geotab was awarded a Bronze medal from EcoVadis, ranking in the top 50% of companies scored by EcoVadis according to their criteria.
Geotab joined the UN Global Compact, the world’s largest corporate sustainability initiative.
Scope 2 emissions were reduced by 34% compared to our 2019 baseline.
Updated Geotab GO Recycle Program providing take-back services for customers in North America and the EU.
Research collaborations demonstrating the potential of electrification and accelerating EV adoption at scale, including the North American fleet electrification study and Profitable Sustainability: The Potential of European Fleet Electrification.
Next-generation STEM program with over 200 participants in the company’s Internship and Co-op programs.
View the full report at: https://www.geotab.com/about/corporate-sustainability/
