Fleet Advantage, an innovator in truck fleet business analytics, equipment financing, and life cycle cost management (LCCM), 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 works with transportation fleet customers to create industry change.
ENVIRONMENTALLY CONSCIOUS BUSINESS PRACTICES
“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,” says 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.”
John Flynn founded Fleet Advantage in 2008. His goal was for Fleet Advantage to become the future of truck leasing, advocating solutions that would gradually reduce emissions. Several years ago 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 also helped fleets meet GHG-1 Federal standards and calculated fuel economy gains at 2.5% mpg and CO2 reductions.
Today, Fleet Advantage customers boast vastly improved environmental records while implementing ESG strategies with 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.
SOCIALLY FORWARD ORGANIZATIONS
In addition to environmental stewardship, social criteria also play a major role in companies’ ESG strategies. It’s important that fleets operate the newest and safest trucks to attract and retain 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 ultimately advises companies about risks that they may not identify. It’s also a solution that could save millions in cost reduction while avoiding damage to corporate image and brand identity.
GOVERNANCE & CORPORATE LEADERSHIP
Governance is an area many companies have struggled with in recent history. This pertains to the governance factors of decision-making. Factors include sovereigns’ policymaking to the rights and responsibilities of different participants in corporations; this includes the board of directors, managers, shareholders, and stakeholders. Governance factors highlight the processes for organizations. They allow investors to watch for specific governance practices as they would for environmental and social factors. Fleet Advantage provides analytics, processes, and transparency so organizations can meet legal requirements and satisfy every stakeholder in the process.
Click here to view Fleet Advantage’s new ESG-focused video.
Find out more, visit www.fleetadvantage.com.
