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 36 is higher than 92% 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 2024, Trakm8 Holdings reported total carbon emissions of approximately 75,740 kg CO2e, with Scope 1 emissions at about 11,560 kg CO2e and Scope 2 emissions at around 64,180 kg CO2e. This marks a significant reduction from previous years, particularly from 2022, when total emissions were approximately 3,512,960 kg CO2e, with Scope 1 emissions of about 73,830 kg CO2e and Scope 2 emissions of approximately 144,290 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 has been approved through the Science Based Targets initiative (SBTi), aligning with the goal to limit global warming to 1.5°C. The company also plans to measure and address its Scope 3 emissions, further enhancing its climate strategy. Overall, Trakm8's commitment to reducing emissions reflects a proactive approach to sustainability within the telecommunications sector, demonstrating a clear trajectory towards lower carbon operations.
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| 2018 | 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.
