Element Fleet
Element Fleet Management Corporation, commonly known as Element Fleet, is a leading provider of fleet management solutions headquartered in California. Founded in 2011, the company has rapidly established itself as a key player in the fleet management industry, serving clients across North America and beyond. Element Fleet offers a comprehensive range of services, including vehicle leasing, maintenance management, and telematics solutions, designed to optimise fleet performance and reduce operational costs. What sets Element apart is its commitment to leveraging advanced technology and data analytics to deliver tailored solutions that meet the unique needs of each client. With a strong market position, Element Fleet has achieved significant milestones, including recognition for its innovative approach and customer-centric services. As a trusted partner for businesses looking to enhance their fleet operations, Element Fleet continues to drive efficiency and sustainability in the industry.
DitchCarbon Score
How does Element Fleet'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
Element Fleet's score of 35 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Element Fleet's reported carbon emissions
In 2022, Element Fleet Management reported total greenhouse gas emissions of approximately 1,828,752,000 kg CO2e globally, with 950,000 kg CO2e from Scope 1 and about 2,277,000 kg CO2e from Scope 2 emissions. The company also disclosed significant Scope 3 emissions, totalling approximately 1,825,525,000 kg CO2e, primarily from capital goods and downstream leased assets. Element Fleet has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 63.7% by 2034, using 2019 as the base year. Additionally, the company targets a 66.4% reduction in Scope 3 emissions per USD value added within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. In 2021, the company reported total emissions of approximately 1,461,692,000 kg CO2e globally, with Scope 1 emissions at about 960,000 kg CO2e and Scope 2 emissions around 2,316,000 kg CO2e. The previous year's data from 2019 indicated total emissions of approximately 1,764,336,000 kg CO2e globally, with Scope 1 emissions of about 2,005,000 kg CO2e and Scope 2 emissions of approximately 5,211,000 kg CO2e. Element Fleet's headquarters is located in Canada, and the company is committed to enhancing its sustainability practices while addressing its carbon footprint through these significant reduction targets.
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| 2019 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 2,005,000 | 000,000 | 000,000 |
| Scope 2 | 5,211,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,757,120,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Element Fleet is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
