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 41 is higher than 98% 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 2023, Element Fleet Management reported total carbon emissions of approximately 14,026,246,000 kg CO2e, with emissions distributed across various scopes: 1,333,000 kg CO2e from Scope 1, 2,809,000 kg CO2e from Scope 2 (market-based), and a significant 14,026,246,000 kg CO2e from Scope 3. This represents a notable commitment to addressing climate change, particularly in the context of their Scope 3 emissions, which are primarily driven by the use of sold products and downstream leased assets. Element Fleet has set ambitious reduction targets, committing to a 63.7% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2034, using 2019 as the baseline year. Additionally, they aim to reduce Scope 3 emissions related to the use of sold products and downstream leased assets by 66.4% per USD value added within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Overall, Element Fleet's climate commitments reflect a proactive approach to sustainability, with a focus on significant emissions reductions across all relevant scopes, particularly in the transportation sector.
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Add to project| 2019 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 2,260,000 | 000,000 | 0,000,000 |
| Scope 2 | 5,196,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 14,334,972,000 | 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 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.
