Supporting cleaner fleets: Element’s role in decarbonization
In 2024, global temperatures exceeded 1.5°C above pre-industrial levels. This single data point stands as an urgent global call to act. The path to a sustainable future may at first appear daunting, but there are viable solutions within reach.
As the largest publicly traded pure-play automotive fleet manager in the world, Element Fleet Management is implementing internal strategies and working with clients to reduce fleet-related emissions in line with climate goals. Aligned with the United Nations Sustainable Development Goal 13: Climate Action, Element is championing fleet electrification and other solutions to drive meaningful progress toward decarbonization. With a target to transition 350,000 client vehicles to electric vehicles (EVs) by 2030, they are proving that sustainability and business success can go hand-in-hand.
Turning ambition into action
The benefits of EVs are clear, but high upfront costs, fragmented charging infrastructure, and limited availability of fit-for-purpose commercial models continue to be common challenges.
To address these realities, Element has partnered closely with clients to develop tailored, data-driven electrification strategies. These include evaluating total cost of ownership (TCO), planning for distributed charging solutions, and engaging operational teams early to ensure long-term buy-in.
Measuring the impact of sustainable fleets
Sustainable fleets are delivering value beyond reduced emissions. Lower fuel costs, decreased maintenance needs, and improved vehicle efficiency make EVs a financially sound option for businesses.
According to the 2024 Global Electrification Report, EVs are already achieving lifecycle emissions reductions of up to 69% when measured against comparable internal combustion engine (ICE) vehicles in markets like the United States and Europe.
Beyond electrification, Element’s advanced fleet management platform uses integrated telematics, real-time data, and AI-powered insights to help clients reduce carbon emissions while improving efficiency. For instance, fleets using Element’s platform can reduce idling by 15-30%, extend vehicle life spans, and predict maintenance needs to prevent downtime. This technology is setting new standards by identifying inefficiencies and offering proactive strategies.
Leadership in sustainability and innovation
Element has set near-term science-based targets (SBTs) for decarbonization that were validated by the Science Based Targets initiative (SBTi). This reflects Element’s commitment to aligning its climate ambitions with global standards and taking meaningful action on decarbonization.
Element surpassed its Scope 1 and 2 emissions reduction targets, ahead of schedule and advanced its strategy for reducing Scope 3 emissions intensity.
Moving the world toward a sustainable tomorrow
For Element, sustainable fleets are not just about meeting certain targets. They reflect a higher purpose—to Move the world through intelligent mobility.
Element’s vision for fleet decarbonization emphasizes collaboration, innovation, and provable impacts. By reducing idling, scaling EV adoption, and harnessing the benefits of telematics, Element is helping its clients reduce costs while supporting low-carbon economies.
Because every kilometer, every vehicle, and every decision counts in building a smarter, more sustainable tomorrow. Learn more
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