Element Fleet Management Corp
Element Fleet Management's GHG Emissions Data Preview
In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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Verified Sources Behind Element Fleet Management’s Greenhouse Gas (GHG) Emissions Data
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Insights into Element Fleet Management's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Element Fleet Management amounted to 3,978.65 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 2019, the total operational greenhouse gas (GHG) emissions of Element Fleet Management decreased by 47.71%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
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 2023, the total Scope 1 emissions of Element Fleet Management were 1,332.85 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2019), Element Fleet Management's Scope 1 emissions decreased by 41.03%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Element Fleet Management's Scope 2 emissions?
In 2023, Element Fleet Management reported Scope 2 greenhouse gas (GHG) emissions of 2,808.62 tCO₂e using the market-based method and 2,645.8 tCO₂e using the location-based method. a
Has Element Fleet Management reduced its Scope 2 emissions over time?
Compared to the previous year (2019), Element Fleet Management's Scope 2 emissions (Location-Based) fell by 50.54% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does Element Fleet Management use for Scope 2 reporting?
In 2023, 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 2023, Element Fleet Management reported 14,026,246 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 2023 disclosure of Element Fleet Management includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 10 in 2019, reflecting improved emissions accounting practices and greater transparency across the company's value chain 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 2023, Element Fleet Management reported total Scope 3 emissions of 14,026,246 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 12.48% of these emissions originated from upstream activities such as purchased goods and capital goods, while 87.52% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2019), 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. a
What categories of Scope 3 emissions does Element Fleet Management disclose?
In 2023, 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 2023, the largest contributors to Element Fleet Management's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 7,015,016 tCO₂e (50.01%)
- Downstream Leased Assets (Cat. 13): 5,234,215 tCO₂e (37.32%)
- Capital Goods (Cat. 2): 1,693,550 tCO₂e (12.07%)
Element Fleet Management's Scope 3 Emissions by Categories
Insights into Element Fleet Management's Total Carbon Footprint
In 2023, Element Fleet Management reported a total carbon footprint of 14,030,224.65 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.18% decrease compared to 2019, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Element Fleet Management's total carbon footprint was Scope 3 emissions, accounting for 99.97% of the company's total carbon footprint, followed by Scope 2 emissions at 0.02%. a