Fleet Advantage announced a program that helps fleets certify greenhouse gas emissions (GHG) output; a proposed rule issued by the Securities and Exchange Commission (SEC) recently mandated certifying output. Fleet Advantage has certified such measures for a decade focusing on fleets that operate high annual mileages.
On March 21, the SEC issued a proposed rule designed to enhance and standardize climate-related disclosures divulged by public companies. The proposal requires registrants to adhere to GHG emissions disclosures within qualitative governance disclosures within annual reports (e.g., Form 10-K). Comments on the proposed rule are due 30 days after its publication in the Federal Register or May 20, 2022.
PIONEERING FOCUS ON ESG & DOCUMENTED CERTIFICATION FOR SEC FILINGS
With more than 12 years of experience reporting to America’s Top 50 corporate truck fleets to achieve emissions sustainability, Fleet Advantage developed technologies analyzing billions of miles of data from more than 50,000 vehicles in its network and providing accurate, ongoing emissions audits combined with its Fleet Modernization and Finance Program.
John Flynn founded Fleet Advantage in 2008 to develop solutions to reduce emissions using a sustainable Fleet Modernization Program. The company introduced emissions scorecards, early truck EXchangeIT® program, and financial flexibility to acquire use of clean-diesel engines more frequently as the emission technology advances. This program has helped fleets meet GHG-1 and -2 Federal mandates to reduce CO2. The program also help save millions of dollars year-over-year with improved MPG and reduced fuel consumption.
Fleet Advantage customers operate fleets with lower cost per mile and a reduced carbon footprint. They also improve safety and driver morale, all by maintaining their fleet’s average life at about 2-3 years. This helps compliment ESG strategies for its customers in their goal to report to regulators and stakeholders. The company’s data analytics prove that switching from an 8-year truck life cycle to a 4-5-year life cycle reduces emissions. It nets an average fleet reduction of 2.5 million gallons and 25,000 metric tons of CO2.
“We have been preparing our corporate clients for this event since our inception and are proud of the measures we put in place to reduce emissions along with supporting certification,” says John Flynn, CEO of Fleet Advantage. “We were committed to a philosophy of making change within the industry when we opened our business in 2008, and today we continue to innovate strategies to maintain our commitment.”
REDUCE EMISSIONS IN YOUR FLEET
Currently, five of America’s top 10 corporate fleets trust Fleet Advantage as their truck finance partner. Find out more or receive an emissions scorecard and fleet modernization study visit https://www.fleetadvantage.com/contact.
