On Oct. 12, Geotab announced the release of its 2021 GHG Emissions Report. In September 2021, the telematics company agreed to reach net-zero carbon by 2040.
Highlights from the report include:
- Geotab’s total carbon emissions in 2021 decreased 14% from the 2019 baseline.
- In 2021, Geotab achieved a 6% reduction in Scope 1 emissions, a 21% reduction in Scope 2 emissions, and a 14% reduction in Scope 3 emissions.
- The total net change of Scope 1, 2, and 3 greenhouse gas (GHG) emissions in 2021 versus 2019 was a reduction of 6,129 metric tons of CO2e.
- Geotab is on track to meet its emissions reduction targets of 50% reduction by 2030 and reaching net-zero by 2040.
“The impact of intensifying climate change is clear, and we must take collective action to limit global carbon emissions,” said Chuck Van Kempen, associate vice president, corporate sustainability at Geotab. “At Geotab, sustainability is at the core of our purpose. As a company, this means setting carbon emissions reduction targets and committing to transparent action; as a partner, this means supporting our customers in accelerating their carbon emissions reduction with data-driven sustainable solutions.”
In 2020, Geotab experienced a significant drop in emissions due to the pandemic, the news announcement said. The reduction of commuting, business travel, and other related factors contributed to lowered emissions. As the world returned to business in 2021 and production increased, Geotab stayed focused on its targets and reduced its emissions by deploying sustainable programs, including EV rebates and public transportation incentives.
Geotab also joined initiatives with the aim of lowering carbon emissions, including The Climate Pledge, Science Based Targets initiative, We Mean Business Coalition, and Race to Zero.
With 3 million connected vehicles on the road today, Geotab said its most significant impact on climate change can be realized by helping decarbonize fleets worldwide.