June 22, 2024

Fleet Advantage announces ESG goals to enhance its clients transition

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Fleet Advantage, an innovator in truck fleet business analytics, equipment financing, and life cycle cost management (LCCM) recently announced an industry-leading focus to help its clients transition to a low-carbon economy and achieve corporate Environmental, Social, and Governance (ESG) goals.   

Fleet Advantage’s ESG focus is illustrated through the launch of its latest corporate video, where the company highlights the many ways, it is working with transportation fleet customers to create industry change.   

“At the heart of our ESG-centric strategy is an industry-best data analytics focus that relies on real-time business intelligence to help steer clients toward more environmentally-sound business decisions,” said Katerina Jones, Vice President, Marketing and Business Development for Fleet Advantage. “We are proud to have pioneered the use of data analytics to help fleet customers run their operations more efficiently and environmentally responsible over the years.”   

The company introduced never-seen-before emissions scorecards and a pioneering truck exchange program with financial flexibility in mind that made it beneficial to operate newer clean-diesel engines. This program is said to have helped fleets meet new GHG-1 Federal mandate standards and calculated fuel economy gains at 2.5% MPG and CO2 reductions.  

Today, Fleet Advantage customers are boasting vastly improved environmental records while implementing ESG strategies in front of customers, regulators, and other critical stakeholders. In total, the company has saved customers approximately $250 million and approximately 175,000 metric tons in emissions since inception.  

In addition to environmental stewardship, social criteria are also playing a major role in companies’ ESG strategies. It’s important that fleets are operating the newest and safest trucks that help attract and retain a greater pool of diverse drivers and other staff. Fleet Advantage’s specification experts work with each fleet to design new trucks for maximum safety, fuel efficiency, lowest maintenance cost, and highest resale values through the company’s Safety-First Program. By focusing on safety proactively, Fleet Advantage is ultimately advising companies about risks that they may otherwise not likely identify, as well as a solution that could save millions of dollars in cost reduction while avoiding damage to their corporate image and brand identity.  

Governance factors highlight the processes for organizations and allow investors to watch for specific governance practices as they would for environmental and social factors. Fleet Advantage provides analytics, processes, and transparency so that organizations can meet legal requirements and satisfy every stakeholder in the process. 

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