Trakm8 Holdings plc, commonly known as Trakm8, is a leading provider of telematics and fleet management solutions based in Great Britain. Founded in 2004, the company has established itself as a key player in the Internet of Things (IoT) sector, focusing on enhancing vehicle tracking, driver behaviour analysis, and fuel efficiency. With headquarters in the UK and operations extending across Europe, Trakm8 offers innovative products such as advanced telematics devices and cloud-based software platforms. These solutions are designed to optimise fleet performance and reduce operational costs, setting Trakm8 apart in a competitive market. Recognised for its commitment to technological advancement, Trakm8 has achieved significant milestones, including partnerships with major automotive manufacturers and accolades for its cutting-edge technology. The company continues to lead the way in the telematics industry, driving efficiency and sustainability for businesses across various sectors.
How does Trakm8 Hldgs'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.
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.
Trakm8 Hldgs'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.
In 2024, Trakm8 Holdings PLC reported total greenhouse gas emissions of approximately 75,740 kg CO2e, comprising 11,560 kg CO2e from Scope 1 (stationary combustion) and 64,180 kg CO2e from Scope 2 (purchased electricity). This marks a significant reduction from 2023, where total emissions were about 201,950 kg CO2e, with Scope 1 emissions of 29,840 kg CO2e (mobile combustion and stationary combustion) and Scope 2 emissions of 166,240 kg CO2e. Trakm8 has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 50% by 2030, using 2018 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and is aligned with the goal of limiting global warming to 1.5°C. The company also plans to measure and address its Scope 3 emissions, which were significant in 2022 at approximately 3,294,840 kg CO2e. The emissions data for 2022 indicates a total of about 3,512,960 kg CO2e, with Scope 1 emissions at 73,830 kg CO2e and Scope 2 emissions at 144,290 kg CO2e. The company’s emissions data is cascaded from its parent organization, Trakm8 Holdings PLC, reflecting its commitment to transparency and accountability in its climate strategy. Overall, Trakm8 is actively working towards reducing its carbon footprint and enhancing its sustainability practices within the telecommunication services sector.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 112,710 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 160,280 | 000,000 | 000,000 | 00,000 |
| Scope 3 | - | 0,000,000 | - | - |
The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
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.
Trakm8 Hldgs 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.
Common questions about Trakm8 Hldgs's sustainability data and climate commitments