Element Fleet Management Corp
Element Fleet Management's GHG Emissions Data Preview
In 2024, Element Fleet Management completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Element Fleet Management has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature. | 0000000 |
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bVerified Sources Behind Element Fleet Management’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Element Fleet Management’s data sources below and access millions more through our Disclosure Search.
Insights into Element Fleet Management's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Element Fleet Management amounted to 2,339.15 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Element Fleet Management decreased by 41.21%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
Element Fleet Management's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Element Fleet Management's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Element Fleet Management were 995.13 metric tons of CO₂ equivalent (tCO₂e).a
Has Element Fleet Management reduced its Scope 1 emissions over time?
Since 2019, Element Fleet Management's Scope 1 emissions have decreased by 55.97%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Element Fleet Management's Scope 1 emissions decreased by 25.34%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
What are Element Fleet Management's Scope 2 emissions?
In 2024, Element Fleet Management reported Scope 2 greenhouse gas (GHG) emissions of 491.7 tCO₂e using the market-based method and 1,344.02 tCO₂e using the location-based method.a
Has Element Fleet Management reduced its Scope 2 emissions over time?
Since 2019, Element Fleet Management's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 74.88%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Element Fleet Management's Scope 2 emissions (Location-Based) fell by 49.2% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
What methodology does Element Fleet Management use for Scope 2 reporting?
In 2024, Element Fleet Management reported its Scope 2 emissions using the market-based method and using the location-based method.a
Element Fleet Management's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Element Fleet Management's Value Chain Emissions
In 2024, Element Fleet Management reported 14,856,552 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Element Fleet Management includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Element Fleet Management's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Element Fleet Management's Scope 3 emissions?
In 2024, Element Fleet Management reported total Scope 3 emissions of 14,856,552 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 10.93% of these emissions originated from upstream activities such as purchased goods and capital goods, while 89.07% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Element Fleet Management reduced its Scope 3 emissions over time?
Since 2019, Element Fleet Management's Scope 3 emissionshave remained relatively stable, indicating that Element Fleet Management's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), Element Fleet Management's Scope 3 emissions remained relatively stable, indicating that Element Fleet Management's emissions have plateaued with no significant change in its value chain footprint.ab
What categories of Scope 3 emissions does Element Fleet Management disclose?
In 2024, Element Fleet Management reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Element Fleet Management's Scope 3 emissions?
In 2024, the largest contributors to Element Fleet Management's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 8,039,946 tCO₂e (54.12%)
- Downstream Leased Assets (Cat. 13): 5,161,778 tCO₂e (34.74%)
- Capital Goods (Cat. 2): 1,566,606 tCO₂e (10.54%)
Element Fleet Management's Scope 3 Emissions by Categories
Insights into Element Fleet Management’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Element Fleet Management reported Scope 1 greenhouse gas (GHG) emissions of 995.13 tCO₂e and total revenues of USD 3,040 millions. This translates into an emissions intensity of 0.33 tCO₂e per millions USD.a
Element Fleet Management's Scope 1 Emissions Intensity Compared to Peers
How does Element Fleet Management's GHG emissions intensity compare to its peers?
In 2024, Element Fleet Management reported a Scope 1 emissions intensity of 0.33 tCO₂e per millions USD. Compared to the peer group median of 16.2, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Element Fleet Management rank on GHG emissions intensity within its industry?
In 2024, Element Fleet Management ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Element Fleet Management among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Element Fleet Management's Total Carbon Footprint
In 2024, Element Fleet Management reported a total carbon footprint of 14,858,891.15 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.91% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Element Fleet Management's total carbon footprint was Scope 3 emissions, accounting for 99.98% of the company's total carbon footprint, followed by Scope 2 emissions at 0.01%.a