Trakm8 Hldgs Sustainability Profile
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 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.
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Trakm8 Hldgs's reported carbon emissions
In 2024, Trakm8 Holdings PLC reported total 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 at 29,840 kg CO2e (mobile and stationary combustion) and Scope 2 emissions at 166,240 kg CO2e. 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 is aligned with the Science Based Targets initiative (SBTi) and reflects the company's commitment to limiting global warming to 1.5°C. The company is also focused on measuring and reducing its Scope 3 emissions, although specific data for Scope 3 emissions has not been disclosed. The emissions data for Trakm8 is cascaded from its parent organization, Trakm8 Holdings PLC, and is part of a broader commitment to sustainability within the telecommunications sector. The company continues to monitor its performance and progress towards these targets, demonstrating a proactive approach to climate action.
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| 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 | - | - |
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Trakm8 Hldgs's Scope 3 Categories Breakdown
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.
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Trakm8 Hldgs'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.
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.
Frequently Asked Questions
Common questions about Trakm8 Hldgs's sustainability data and climate commitments