Geotab has released its 2022 Sustainability and Impact Report, which outlines the company’s environmental, social, and ethical impact as well as how data intelligence is a driver in the carbon reduction journey.
The report also includes examples of how organizations in the transportation sector are managing carbon reduction initiatives using data intelligence to inform their decision-making and transition.
With over 3.2 million connected vehicles globally, Geotab can help accelerate decarbonization in the transportation sector by providing a suite of data-driven tools and insights to support fleets on their sustainability journeys (including the EV Suitability Assessment (EVSA) and Green Fleet Dashboard). The EV Suitability Assessment analyzes a fleet’s driving profiles and patterns to help identify vehicles best suited for EV replacement. It can also help clarify the cost savings associated with the transition to EVs.
Additionally, Geotab can help fleets with scaling electrification and technology innovation through education (such as the Geotab Fleet Electrification Knowledge Center).
For many fleets, sustainability is proving to have financial advantages, according to Geotab. In the report, electrification studies show the potential to save millions of dollars through lower fuel and maintenance costs while reducing carbon dioxide emissions. A recent Geotab survey of U.S. fleet professionals found that 63% of respondents confirmed that fleet sustainability data helped their organization reduce operating costs in the past year.
For fleets, it can be a challenge to select the right EV vehicles for the job, plan for charging infrastructure, and then optimize vehicles once they’re on the road. With Geotab’s resources, it can help fleet operators navigate this transition by finding the greatest value out of their EVs, according to the company.
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 and developing sustainability-focused products and solutions for fleets.
“The transportation sector has one of the biggest global opportunities to truly impact the climate crisis,” said Neil Cawse, CEO and founder of Geotab. “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. This report demonstrates our commitment to continuously improving our sustainability practices to make a positive impact on the planet.”