Absa Vehicle Management Solutions (Proprietary) Limited Sustainability Profile
Absa Vehicle Management Solutions (Proprietary) Limited, commonly referred to as Absa VMS, is a leading player in the vehicle management industry, headquartered in South Africa (ZA). Established in 2000, the company has carved a niche in providing comprehensive fleet management services, catering to a diverse clientele across various sectors. With a focus on innovative solutions, Absa VMS offers a range of services including vehicle financing, maintenance management, and telematics. Their unique approach combines technology with customer-centric strategies, ensuring optimal fleet performance and cost efficiency. Recognised for its commitment to excellence, Absa VMS has achieved significant milestones, solidifying its position as a trusted partner in vehicle management. The company continues to set industry standards, making it a preferred choice for businesses seeking reliable and effective fleet solutions.
DitchCarbon Score
How does Absa Vehicle Management Solutions (Proprietary) Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Absa Vehicle Management Solutions (Proprietary) Limited's score of 48 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Absa Vehicle Management Solutions (Proprietary) Limited, headquartered in South Africa (ZA), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Absa Group Limited, which may influence its climate commitments and reporting practices. As part of its corporate family, Absa Vehicle Management Solutions inherits climate performance data from Absa Group Limited, which operates at a cascade level of 2. However, specific reduction targets or initiatives related to carbon emissions have not been disclosed for this subsidiary. The absence of documented reduction targets or climate pledges suggests that while the company may be aligned with broader corporate sustainability goals, specific commitments or achievements in carbon emissions reduction are not available at this time. In summary, while Absa Vehicle Management Solutions is part of a larger organisation with potential climate initiatives, it currently lacks specific emissions data and defined reduction targets.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 17,190,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 249,584,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 38,326,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Absa Vehicle Management Solutions (Proprietary) Limited's Industry?
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Absa Vehicle Management Solutions (Proprietary) Limited's Scope 3 Categories Breakdown
Absa Vehicle Management Solutions (Proprietary) Limited's Scope 3 emissions, which decreased by 36% last year and decreased by approximately 71% since 2017, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 7% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 62% of Scope 3 emissions.
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Absa Vehicle Management Solutions (Proprietary) Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Absa Vehicle Management Solutions (Proprietary) Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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