Construcciones Yamaro: Geotab reveals 2024 Sustainability and Impact Report findings
Companies are more likely to adopt sustainable initiatives if they realise cost savings, efficiency improvements or revenue growth in the near term. That’s the thesis put forward by Geotab, a global provider of connected vehicle and asset solutions, in its fourth annual Sustainability and Impact Report, published today.
Today’s economic realities demand a change in how sustainability is approached. There has been a shift from long-term aspirations to more immediate, tangible results that improve the bottom line while reducing environmental impact.
“Sustainability can drive both cost savings and efficiency,” said Neil Cawse, founder and CEO of Geotab. “When these initiatives are integrated into everyday business operations, they naturally reduce environmental impact while boosting the bottom line. It’s a clear win-win – hard to oppose once you see the value.”
Entitled Pragmatic Solutions for a Changing World, Geotab’s 2024 Sustainability and Impact Report highlights a 39 per cent increase in the deployment of its sustainability solutions last year. The number of electric vehicles connected to Geotab telematics grew by 63 per cent, travelling over 1 billion kilometres.
The report also shows how companies adopting sustainable practices through Geotab and its partners benefited from short-term financial gains. For example:
- California Freight, a multi-modal transportation company with a fleet of over 300 trucks, reduced fuel costs by $50,000 per annum by introducing idling reporting into its operations. The money has since been reinvested into developing its own APIs for accident reporting and notification.
- DB Regio operates more than 10,000 buses in over 400 districts and self-governing cities. Its use of telematics has resulted in a CO2 reduction of approximately 1,270 tonnes, as well as lower energy costs and savings of several hundred thousand litres of diesel per year.
Helping customers achieve sustainability goals
Celebrating its 25th anniversary this year, Geotab is dedicated to providing businesses with data-driven tools that deliver short-term operational improvements and measurable environmental benefits. This technology can streamline operations, reduce waste and improve overall efficiency, contributing to both financial and environmental sustainability.
“At Geotab, we’re focused on empowering customers with data-driven solutions that translate into real-world efficiency gains. Whether it’s optimising routes, minimising fuel consumption or strategically transitioning to electric vehicles, these actions reduce operational expenses while supporting environmental goals,” said Cawse.
Geotab continues to develop tools such as the Sustainability Centre, TÜV Rheinland-certified Greenhouse Gas Emissions Report, EV Charge Monitoring, and the EV Suitability Assessment (EVSA). These solutions are designed to help customers achieve sustainability goals through practical, cost-effective strategies.
The post Geotab reveals 2024 Sustainability and Impact Report findings appeared first on Inside Construction.
View Source
Comments
Post a Comment