Geotab to receive SBTi validation for its emissions reduction targets

Toronto, Ontario. 01 September, 2022 – Geotab Inc., a global provider in IoT and connected transportation, announced to have its emissions reduction targets validated and approved by the Science Based Targets initiative (SBTi). Geotab’s targets meet the criteria required to keep the global temperature rise limited to 1.5°C,  the most ambitious goal of the Paris Agreement.

Geotab published its inaugural sustainability report in 2021, committing to take climate action and moving the world toward a more sustainable future. Validated by SBTi, Geotab commits to reduce absolute scope 1 and 2 GHG emissions by 50% by 2030 from a 2019 base year. Geotab also commits to reduce absolute scope 3 GHG emissions by 50% within the same timeframe.

“At Geotab, we don’t just believe in sustainability; it is the very core to our purpose. We are proud to be the first dedicated telematics provider to receive SBTi validation,” says Neil Cawse, CEO and founder of Geotab. “We are committed to transparent measurement of our own carbon emissions, while supporting our customers and suppliers on their own journey. Together, we can make smarter decisions and do better for our planet.” 

Guided by its mission to help companies accelerate their rate of carbon reductions and to scale their sustainability efforts, Geotab provides access to a full suite of tools powered by the largest dataset for real-world EV performance, including the EV suitability assessment (EVSA), green fleet dashboard, temperature tool for EV range and the EV battery degradation tool. Through its technology, Geotab instills confidence and helps companies make intelligent and sustainable decisions that are in the best interest of their organisation, the broader community and the planet at large. 

Committed to safeguarding the future, SBTi defines best practices in setting science-based targets to help mobilise companies toward a low-carbon economy. In 2019 the organisation launched, The business ambition for 1.5°C  campaign in partnership with the UN Global Compact and the We Mean Business coalition. The campaign is an urgent call to action for companies to set targets in line with 1.5°C and a net-zero future to avoid the worst impacts of climate change.

For information about Geotab’s sustainable fleet solutions, please visit Geotab.

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow.

a.weber@wkm-global.com

Recent Posts

The transformation of IoT: The role of hyperscalers in the rise of IoT

The number of connected IoT devices is expected to reach 17 billion by 2030 -…

2 years ago

Aeris to acquire IoT business from Ericsson

Ericsson and Aeris Communications, a provider of Internet of Things (IoT) solutions based in San…

2 years ago

Telenor IoT passes milestone of 20mn SIM cards

Telenor, the global IoT provider and telecom operator, has experienced rapid growth over the last…

2 years ago

Globalstar, Wiagro to supply IoT transmitters for agtech applications

Globalstar, Inc. has announced a commercial agreement with Wiagro, an Agtech start-up from Argentina. Globalstar is supplying Wiagro with…

2 years ago