OviDrive helps you hit your sustainability targets
As confirmed by the 2021 Global Fleet Survey, CO2 is now top of mind for global fleet managers. It’s part of a worldwide shift to corporate sustainability that is necessary and overdue. However, greenhouse gas (GHG) accounting is also extremely complex. If done wrong, it could hurt corporate reputations and revenue. “We can help you keep your contract with the planet”, says Matthijs Honing (pictured), senior executive at OviDrive.
Amsterdam-based OviDrive is a global provider of fleet management systems, fleet support services and strategic consulting. It has the right experience and expertise to help companies hit their sustainability targets.
Several good reasons
“By now, major companies have all set certain sustainability goals for themselves, typically to be achieved by 2030 or 2035”, says Mr Honing, Director for Consultancy and Executive Strategic Partnerships at OviDrive.
And for several good reasons. First off, the climate emergency itself, and the resulting emissions reduction targets first set by the Paris Agreement in 2015 and revisited this November at COP26 in Glasgow.
But it’s also what talented employees and high-value customers expect. In fact, a study says 80% of recent corporate value gains can be traced to the climate commitments those companies made.
A complex grid
Sustainability targets are one thing, however; measuring their progress is quite another. Upon closer inspection, the simple-sounding goal of “going green” consists of a complex grid of interrelated categories. Just some examples:
- CO2 is just one of six greenhouse gases that need to be reported, three of which are relevant for car fleets.
- There are crucial and far-reaching differences between similar-sounding targets like ‘carbon neutral’, ‘zero carbon’ or ‘net zero’.
- Depending on where in the value chain they occur, GHG emissions need to be reported as part of Scope 1, 2 or 3.
- For vehicles, the scope can vary depending on whether they are leased, how they are used, and which fuel type they use.
The risk of overreporting
“At this stage, many companies are still using secondary data – industry averages and the like – for their GHG accounting. We can help them produce primary data, from the actual usage of their own vehicles. This eliminates the risk of overreporting and enhances their credibility”, says Mr. Honing.
More pointedly, OviDrive’s practical assistance and strategic advice can help companies turn an initial investment in a sustainable future into an actual financial benefit a few years down the line.
“GHG accounting requires that fleets broaden their mindset, from a single vehicle renewal cycle to nine or 10 years ahead”, says Mr. Honing. “OviDrive can help them turn that requirement into an opportunity for wins, both in terms of reputation and revenue.”