Trakm8 Hldgs
Trakm8 Holdings plc, commonly referred to as Trakm8, is a leading provider of telematics and fleet management solutions based in the United Kingdom. Founded in 2004, the company has established a strong presence across Europe, particularly in the UK and Ireland, serving a diverse range of industries including transport, logistics, and insurance. Trakm8's core offerings include advanced vehicle tracking systems, driver behaviour monitoring, and fuel management solutions, all designed to enhance operational efficiency and reduce costs. What sets Trakm8 apart is its commitment to innovation, integrating cutting-edge technology such as AI and machine learning into its products. With a robust market position, Trakm8 has achieved significant milestones, including partnerships with major fleet operators and recognition for its contributions to the telematics industry. The company continues to lead the way in providing data-driven insights that empower businesses to optimise their fleet operations.
DitchCarbon Score
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.
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
Trakm8 Hldgs's score of 34 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Trakm8 Hldgs's reported carbon emissions
In 2023, Trakm8 Holdings reported total carbon emissions of approximately 201,950 tonnes CO2e. This figure includes about 5,860 tonnes CO2e from Scope 1 emissions and around 166,240 tonnes CO2e from Scope 2 emissions, primarily from purchased electricity. Comparatively, in 2022, the company’s emissions were significantly higher at approximately 3.5 million tonnes CO2e, indicating a substantial reduction in emissions over the year. The 2018 baseline emissions were approximately 272,990 tonnes CO2e, which highlights a positive trend in their carbon management efforts. Trakm8 has set ambitious targets to further reduce its greenhouse gas emissions. The company is committed to achieving a 50% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2018 as the base year. Additionally, Trakm8 aims to measure and address its Scope 3 emissions, which encompass indirect emissions in its value chain. These targets have been validated by the Science Based Targets initiative (SBTi) and align with the necessary reductions to limit global warming to 1.5°C. Trakm8's commitment reflects its proactive approach to climate action within the telecommunications sector, positioning the company as a responsible player in the fight against climate change.
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Add to project2018 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 10,220 | 00,000 | 0,000 | 00,000 |
| Scope 2 | 160,280 | 000,000 | 000,000 | 00,000 |
| Scope 3 | - | - | - | - |
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.
Trakm8 Hldgs 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.
