Trakm8 Hldgs
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.
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 31 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Trakm8 Hldgs's reported carbon emissions
In 2023, Trakm8 Holdings PLC reported total carbon emissions of approximately 3,889,950 kg CO2e. This figure includes 35,700 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 166,240 kg CO2e from Scope 2 emissions related to purchased electricity. In comparison, the previous year, 2022, saw total emissions 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. This indicates a rise in total emissions from 2022 to 2023. Trakm8 has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas 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, although specific data on these emissions has not yet been disclosed. Overall, Trakm8's commitment to significant emissions reductions reflects its proactive approach to climate action within the telecommunication services sector in the UK.
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| 2018 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 112,710 | 00,000 | 00,000 |
| Scope 2 | 160,280 | 000,000 | 000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
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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 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.
