The Alphabet survey of more than 700 European fleet managers reveals 17% of responding companies had no knowledge of their fleet’s CO2 emissions, indicating many companies may not be taking adequate measures to track and reduce their carbon footprint.
Photo: DaModernDaVinci
2 min to read
While more than half of companies (61%) in a recent survey acknowledged the importance of sustainability, just 37% actively monitor their emissions, according to results of a European Fleet Emission Monitor (EFEM) study by Alphabet, a Munich-based provider of business mobility solutions.
Moreover, the EFEM survey of more than 700 European fleet managers reveals 17% of responding companies had no knowledge of their fleet’s CO2 emissions, indicating that many companies may not be taking adequate measures to track and reduce their carbon footprint.
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Monitoring Emissions
To achieve emissions targets, the Alphabet study analysis points out, companies must know their fleet’s CO2 emissions base line. However, almost a fifth of companies surveyed do not monitor their emissions at all. Companies that do not employ an adequate monitoring system use calculations based on fuel consumption data (48.3%), while another third rely on manufacturer data still collected in Excel spreadsheets (31.3%).
What’s needed, according to the study, is a “holistic tool” to measure and reduce CO2 emissions. Alphabet and an external partner are developing just such a CO2 tool to provide a clear snapshot of a fleet’s current standing and enabling fleet managers to make sustainable modifications while balancing economic efficiency.
Photo: Alphabet
Electrification Challenges
According to the survey, 69% of respondents believe their fleets eventually will be fully electrified, with 30% expecting their fleets to be completely petrol-and diesel-free within the next six to 10 years.
However, the survey also shows significant obstacles — cited by 94% of repondents — hamper the electrification process, including with driving range (38%) and charging infrastructure (36%) among the top concerns.
Mark Deusing, CEO Alphabet International, believes the survey is a “wake-up call for companies to take immediate action to reduce their emissions and adopt a more sustainable approach.” He emphasizes that “sustainabilty has gained a much higher signifcance indecision-making over the past couple of years, and success and sustainability need to be compatible.”
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