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 49 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Element Fleet's reported carbon emissions
In 2024, Element Fleet Management, headquartered in Canada, reported total greenhouse gas emissions of approximately 14,858,039,000 kg CO2e. This includes Scope 1 emissions of about 995,000 kg CO2e, Scope 2 emissions of approximately 492,000 kg CO2e (market-based), and a significant Scope 3 contribution of around 14,856,552,000 kg CO2e. The company has made notable strides in reducing its emissions, achieving a 55% reduction in Scope 1 and 2 emissions by 2022 compared to a 2019 baseline. Element Fleet has set ambitious long-term targets, committing to reduce absolute Scope 1 and 2 GHG emissions by 63.7% by 2034 from the 2019 levels. Additionally, they aim to decrease Scope 3 emissions from the use of sold products and downstream leased assets by 66.4% per USD value added within the same timeframe. These targets have been submitted for validation to the Science Based Targets Initiative (SBTi), aligning with industry standards for climate action. The company is also actively participating in initiatives such as the Ceres Corporate Electric Vehicle Alliance and the Accelerate: Canada’s Zero-Emission Vehicle Supply Chain Alliance, further demonstrating its commitment to leading the fleet management industry's energy transition. Element Fleet aims to achieve near-zero emissions for both Scope 1 and 2 by the end of 2025, reinforcing its dedication to sustainability and climate responsibility.
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| 2019 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 2,260,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 5,196,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 3 | 14,334,972,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
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 participating in some of the initiatives that 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.
