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Element Demonstrates Progress on Climate Strategy and Enhanced Transparency in Latest Sustainability Report
Globenewswireยท2025-05-28 12:00

Core Insights - Element Fleet Management Corp. released its 2025 Sustainability Report, highlighting its commitment to sustainable practices that enhance long-term resilience and stakeholder value [1][2] Sustainability Initiatives - The report emphasizes Element's dedication to sustainability through accountability, transparency, and meaningful actions, aiming to support clients in achieving their sustainability goals [2][4] - Element's near-term science-based targets were validated by the Science Based Targets initiative (SBTi), aligning its decarbonization initiatives with global best practices [7] - The company surpassed its Scope 1 and 2 reduction targets ahead of schedule, demonstrating a disciplined approach to climate action [7] Governance and Transparency - Element strengthened its sustainability governance and disclosure practices, maintaining a CDP Climate score of B for the second consecutive year [7] - The company enhanced alignment with leading sustainability reporting frameworks, laying the groundwork for future regulatory readiness [7] Inclusion and Belonging - Element fostered inclusion and belonging through team member-led Business Resource Groups and enterprise-wide engagement initiatives [7] Company Overview - Element Fleet Management is the largest publicly traded pure-play automotive fleet manager globally, providing scalable, sustainable, and technology-enabled fleet and mobility solutions [6] - The company operates across North America, Australia, New Zealand, and Ireland, with a growing global footprint through its technology platform Autofleet [6] - Element combines fleet management expertise with advanced digital capabilities to maximize cost efficiency and vehicle productivity for clients [6]