Element Fleet Sustainability Profile
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 52 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 reported total greenhouse gas emissions of approximately 14,858,891,000 kg CO2e globally. This includes Scope 1 emissions of about 995,130 kg CO2e and Scope 2 emissions of approximately 491,700 kg CO2e (market-based). Notably, the company has not disclosed any Scope 3 emissions data for this year. Element Fleet has made significant strides in reducing its carbon footprint, achieving a 55% reduction in Scope 1 and 2 emissions by 2022 compared to a 2019 baseline. The company has set ambitious targets, committing to reduce absolute Scope 1 and 2 GHG emissions by 63.7% by 2034, also from a 2019 base year. This commitment aligns with the Science Based Targets Initiative (SBTi) and is consistent with the reductions required to limit global warming to 1.5°C. Additionally, Element Fleet aims to reduce its Scope 3 emissions from the use of sold products and downstream leased assets by 66.4% per USD value added by 2034. The company is 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. Overall, Element Fleet's climate commitments reflect a robust strategy to mitigate its environmental impact while promoting sustainable practices within the transportation sector.
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| 2019 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 2,260,060 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 5,195,560 | 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 |
How Carbon Intensive is Element Fleet's Industry?
How Carbon Intensive is Element Fleet's Location?
Element Fleet's Scope 3 Categories Breakdown
Element Fleet's Scope 3 emissions, which increased by 714% last year and increased by approximately 4% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 54% of Scope 3 emissions.
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Element Fleet'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.
Element Fleet has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Fleet Partners Pty Ltd
Frequently Asked Questions
Common questions about Element Fleet's sustainability data and climate commitments
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