Discover a range of strategies to help reduce your fleet's carbon emissions.
See how Rebecca Moorey from Loblaw Companies Limited uses Element to support their journey to net-zero tailpipe emissions.
The increasing likelihood of global temperatures rising more than 1.5°C by 2040 highlights the urgent need for nations to reduce carbon dioxide (CO2) emissions. The transportation sector is a primary contributor, accounting for 23% of all energy-related CO2 emissions in 2021. The road transport sector stands out as a critical area for decarbonization. This report by RMI and the Element-Arval Global Alliance (EAGA) examines decarbonization opportunities within commercial fleets, providing qualitative and quantitative insights based on real-world data from EAGA’s fleets worldwide. The report’s data and analysis focus on the following regions: Australia, Canada, Europe, Mexico, New Zealand, and the United States. Key insights:
Fleet operators can reduce emissions by implementing strategies like reducing idling, rightsizing vehicles, optimizing fleet size, sharing vehicles and infrastructure, and deploying zero tailpipe emissions vehicles (e.g. electric vehicles).
EVs are increasingly competitive with internal combustion engine (ICE) vehicles regarding performance, economics, and total cost of ownership (TCO).
The EV market is rapidly growing, with sales increasing over 600% from 2018 to 2023, and major automakers expanding their EV offerings.
EVs have significantly lower lifecycle emissions compared to ICE vehicles, with potential reductions of up to 90% in tailpipe emissions.
Telematics data analysis helps improve safety, compliance, and productivity, offering smarter approaches like time-of-use smart charging.
By leveraging the strategies and tactics offered in the report, companies can further advance their sustainability commitments, and benefit from favorable market and policy conditions to achieve significant emissions reductions and operational efficiencies.
