Skip to main content

Geotab 2023 Sustainability and Impact Report cover with green leaf and road

Data Advances Decarbonisation in Connected Transportation: Geotab's Sustainability Report Reveals Progress, Recognises Challenges Ahead

Published on April 4, 2024


“Trust. Transparency. Transformation.”: Geotab’s annual sustainability report examines the importance of data insights for managing and measuring sustainability goals

Geotab 2023 Sustainability and Impact Report cover with green leaf and road

Sydney, Australia (April 3, 2024) - Geotab Inc. (“Geotab”), the global leader in connected transportation solutions, today released its 2023 Sustainability and Impact Report, “Trust. Transparency. Transformation. highlighting how data-driven insights are helping Geotab and global organisations better measure and achieve their climate goals. The report also delves into the tougher challenges of managing business and environmental impact, including increased business travel and much-needed transparency associated with Scope 3 emissions. 

 

“The climate crisis demands action. The transportation industry is one of the largest sources of CO2 emissions with a tremendous opportunity in the near term to make a positive impact. As a close partner to that industry, we have a moral obligation to do our part in supporting carbon reduction — not just for ourselves, but for our customers too. This has to be a collaborative approach. There are too many challenges to address and solve in isolation,” said Neil Cawse, Founder and CEO of Geotab.

 

Geotab’s greatest impact is in supporting customers and partners to drive transformation through data-driven insights and AI, enabling informed decision-making as they report and track progress on all stages of the sustainability journey. The most recent figures from the Australian Bureau of Statistics show that the number of businesses seeing increased operating expenses was at 46%, a 16% increase from 6 months prior.  Data insights regarding fuel use, better routing, emissions management, better driving behavior such as reducing harsh braking, and the integration of EVs into fleets help address cost and improve the bottom line.

As part of its commitment towards a more sustainable world, Geotab has pledged to reach net-zero emissions by 2040 — a decade earlier than called for in the Paris Agreement — and is aiming for a 50% reduction in emissions across Scopes 1, 2 and 3 by 2030.

 

The progress made

The latest report shows Geotab has made progress in reducing direct and indirect operational emissions over the past year:   

  • In Scope 1, which tracks emissions that occur from sources that are controlled or owned by Geotab, the company saw a 41% reduction in GHG emissions in 2023 (from the 2019 baseline). 

In Scope 2, which tracks the indirect emissions resulting from electricity purchased by Geotab, the company saw a 35% reduction in GHG emissions in 2023 (from the 2019 baseline). 

 

Additional highlights from 2023 

  • Partnerships to drive change — Forming the Geotab Sustainability Alliance of 28+ partners offering integrated solutions to help fleets achieve their sustainability goals.
  • Vital R&D progress — Opening the Geotab Automotive Innovation and Research Hub in High Wycombe, England, dedicated to advancing the data intelligence required to support the electrification of the transportation sector at scale. The company supports over 300 EV makes and models globally.
  • Enhanced waste diversion — Expanding the GO Recycle Program in Australia and New Zealand, ensuring that Geotab products are recycled securely and responsibly.
  • Sustainability leadership and performance awards — Receiving a Bronze medal from EcoVadis for sustainability performance, Bronze Stevie® Awards for Sustainability Leadership and Sustainability Product of the Year, and recognition as one of Canada’s Greenest Employers (2023).

The challenges we face

Geotab’s report identifies areas of improvement which reflect similar challenges experienced in the industry in general: 

  • For Scope 3, which tracks indirect emissions like supply chain activities, Geotab saw a 11% increase in 2023 (from the 2019 baseline) mainly due to higher purchases of goods and services and increased business travel and commuting by staff. 
  • Challenge in gathering accurate and reliable Scope 3 emissions data across the value chain, primarily due to varying data availability across different regions.

This underscores the importance of further collaboration with supply chain partners and manufacturers to achieve comprehensive tracking, from raw materials to end-of-life, and greater use of data insights will also help provide more transparency and understanding in addressing challenges.

 

“We are proud of the accomplishments we’ve made so far, but we know there is much further to go if we want to fulfill our journey to net zero, particularly in addressing Scope 3 emissions. We’ll be accelerating our pace to tackle Scope 3 targets, and tapping into the power of data, to realise our ambitions and the ambitions of our customers,” added Cawse.
 

About the Geotab 2023 Sustainability and Impact Report 

The report was prepared with reference to the Global Reporting Initiative (GRI) Standards, as well as the United Nations Sustainable Development Goals (SDGs). 

To spark industry conversation on data-driven sustainability strategies, Geotab’s 2023 Sustainability and Impact Report includes a custom email, so readers can provide feedback on their own challenges and solutions related to sustainability, supply chain and growth. 

 

To explore the full report, visit: geotab.com/au/about/corporate-sustainability/


Media Contact

Nicole Riddle

Senior Specialist, Strategic Communications

pr@geotab.com

About Geotab

Geotab, the global leader in connected vehicle and asset solutions, leverages advanced data analytics and AI to enhance fleet performance, safety and sustainability while optimising costs. Backed by a team of industry-leading data scientists, engineers and AI experts, we serve over 50,000 customers across 160 countries, processing billions of data points hourly from more than 4 million vehicles. Data security and privacy are at the forefront of everything we do — trusted by Fortune 500 organisations and some of the largest public sector fleets in the world, we meet top cybersecurity standards. Geotab’s open platform and diverse Geotab Marketplace offers hundreds of fleet-ready third-party solutions. Learn more at www.geotab.com/au, and follow us on LinkedIn or visit our blog.

Related posts

Geotab sign with the EcoVadis Bronze rating logo

Geotab® Earns Bronze Medal from EcoVadis for Sustainability Performance

EcoVadis Rating validates Geotab’s improvements in business sustainability commitments and performance

August 22, 2023

Parking cars with numbers

Geotab Drives Industry Standard in Electric Vehicle Fleet Management with Data Intelligence Solutions for Over 300 EV Makes and Models

Company opens Automotive Innovation and Research Hub in High Wycombe, England to support a cleaner and more sustainable future for transportation

April 19, 2023

Geotab Energy logo with electric car being charged

Geotab drives electrification forward with launch of Geotab Energy

Company arms utilities and electric vehicle owners with advanced electricity demand management solutions, helping them overcome charging challenges

January 7, 2021

Recent News

Logmaster Partnership

Geotab and Logmaster collaborate to transform Australian trucking

A new commercial arrangement between Geotab and Logmaster combines Geotab’s world-leading telematics solutions with Logmasters’s best in class compliance technology in Australia

December 9, 2024

person typing on a keyboard

KPMG Australia and Geotab make it easier than ever to claim Fuel Tax Credits

Geotab, the global leader in telematics technology, have announced a new alliance that enables KPMG’s clients to access Geotab technology

April 8, 2024

Geotab 2023 Sustainability and Impact Report cover with green leaf and road

Data Advances Decarbonisation in Connected Transportation: Geotab's Sustainability Report Reveals Progress, Recognises Challenges Ahead

“Trust. Transparency. Transformation.”: Geotab’s annual sustainability report examines the importance of data insights for managing and measuring sustainability goals

April 4, 2024

View last rendered: 12/13/2024 19:34:41