An overview of Geotab’s work to support sustainability, efficiency and safety in transportation and make progress on our environmental, social and ethical goals.
Pragmatic solutions for a changing world 2024 Sustainability and Impact Report
Introduction For 25 years, Geotab has invested in product development and solutions to advance fleet management across the globe, leveraging deep expertise in AI and data analytics to deliver safety, performance and sustainability insights for over 55,000 customers. Sustainability has been an important part of our mission. As customer needs have evolved, so has our approach. We remain committed to providing innovative solutions addressing efficiency and cost, while improving environmental outcomes, meeting today’s demands and the challenges of tomorrow.
Contents
Message from Neil Cawse, Geotab Founder and CEO 01
Supply chain 05
About this report This fourth edition of the Geotab Sustainability and Impact Report highlights our work to support sustainability, efficiency and safety in transportation and make progress on our environmental, social and ethical goals. The data presented in this report covers the results for 1 January 2024 to 31 December 2024 with reference to the Global Reporting Initiative (GRI) Standards and the United Nations Sustainable Development Goals (SDGs). All financial figures referenced are in US dollars (USD) unless otherwise specified. For sustainability-related updates, please visit: www.geotab.com/uk/about/corporate-sustainability/ A message on forward-looking statements This report gives a snapshot of Geotab’s sustainability goals and efforts. It’s not a promise or guarantee of results. Our targets and strategy may change as we adapt to new information and challenges, and we are not responsible for any actions taken based on this report. This report was initially prepared in American English and then translated into other languages; some minor inconsistencies may remain.
About Geotab 02 Company overview Geotab’s sustainability approach 03 Customer sustainability Geotab operations Environment and climate action 04 Greenhouse gas emissions
People @ Geotab 06 Honouring veterans
Caring for the community Fuelling the next generation workforce Data security and management 07 Responsible AI Appendix 08 Sustainability performance metrics Greenhouse gas emissions GRI index Policies list
Energy management Waste management
2024 Geotab Sustainability and Impact Report
MESSAGE FROM Neil Cawse, Geotab Founder and CEO
Pragmatic sustainability — Evolving our approach in a changing world
When I started Geotab in 2000, the vision was clear: empower businesses with the data they needed to make smarter decisions about fleet management. We started with performance, operations and safety, evolving to meet growing sustainability demands – fuel management, emissions, EV transition and electrification. It is clear that the connected vehicle industry has been fundamentally reshaped by the power of data insights. From cost savings and safety to efficiency and sustainability, data has transformed the management of fleets and connected transportation. Today, Geotab has grown from 2 employees to 2,400, with 4.7 million connected vehicles across 160 countries. We process billions of data points daily, empowering organisations to make informed decisions and drive progress. Geotab has always believed in pragmatic approaches to business challenges. We've learned that progress isn't always linear and a lot depends on organisational goals, availability of solutions and people’s perceptions of real progress. Given the evolving global landscape of increasing costs and new economic realities, it's clear that, collectively, we must shift our approach to sustainability.
Whether it's through efficient route planning, minimising idling and fuel use or strategically replacing a few fleet vehicles with more sustainable options, these actions can translate into reduced operational expenses while supporting environmental goals. This pursuit of cost reduction and efficiency is likely to be the catalyst for change, one that integrates sustainability as a core part of business operations, regardless of external pressures or shifting attitudes. This is a transformative moment. The convergence of AI, deep learning and the availability of massive data sets provides unprecedented opportunities to optimise fleet performance and achieve sustainability goals. Geotab will continue to innovate and empower our customers with the pragmatic solutions they need to achieve both economic and environmental success. Together, we can shape a future where business and the environment truly thrive.
Neil Cawse Founder and CEO
2024 Geotab Sustainability and Impact Report 1
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
About Geotab Company overview
Geotab is a global leader in connected vehicle and asset solutions, empowering fleet efficiency and management. We leverage advanced data analytics and AI to transform fleet performance, safety and sustainability, reducing cost and driving efficiency. Backed by top data scientists and engineers, we serve over 55,000 global customers, processing 80 billion data points daily from more than 4.7 million vehicle subscriptions. Geotab is trusted by Fortune 500 organisations, mid-sized fleets and the largest public sector fleets in the world, including the US Federal Government. Committed to data security and privacy, we hold FIPS 140-3 and FedRAMP authorisations. Our open platform, ecosystem of outstanding partners and Marketplace deliver hundreds of fleet-ready third-party solutions. This year, we're celebrating 25 years of innovation.
Operational in 160 countries
Geotab Employees
Head Office
Office
4.7M vehicle subscriptions
80B+ data points processed daily
55K+ companies use Geotab
Learn more at www.geotab.com/uk and follow us on LinkedIn or visit Geotab News and Views .
700 partners
2K+ employees
440+ Geotab Marketplace solutions
2024 Geotab Sustainability and Impact Report 2
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Awards and accreditations
MORE ACHIEVEMENTS
• Ranked #1 global commercial telematics vendor by ABI Research • FreightTech 100
• Fleet Management Company of the Year, 2024 SupplyTech Breakthrough Awards
2024 EcoVadis Bronze Sustainability Rating
2024 SEAL Sustainable Product Award
Sustainability Product of the Year • 2024 Sustainability Awards
• 2024 Canada’s Best Managed Companies , Platinum Club • Canadian Business Excellence Award for Private Business • 2024 Rocketships List , TechTO Canadian Rocketships • Road Safety in the Community Award, Australasian Fleet Champions Awards 2024 — Highly Commended • Recognition by the Government of Mexico, Secretariat of Environment and Natural Resources, for participation in the Clean Transportation Programme (Programa Transporte Limpio) — highlighting Geotab’s ongoing commitment to environmental sustainability. • PR Daily Award — ESG Communications • 2024 Gold Brandon Hall Award — Best Learning Team • Absorbies Award — Learning Engagement Excellence Award • Gold Stevie Award — Best Learning/Training Team of the Year • Geotab Elevate won Silver for Best Leadership Development Programme in the Stevie Awards and Brandon Hall Awards • Beste Innovation , Telematik Award (in German) • Business Car Awards 2024 — Best Innovation Award for Geotab Ace • Innovation in Risk Management , 2024 Great British Fleet Awards • Prince Michael International Road Safety Award for Technologies for the Safe System
Canada’s Greenest Employers 2024
Canada’s Top Employers for Young People 2024
2024 Employer Recognition Awards
Data Partnership Award
• PICCASO Awards Canada
2024 Geotab Sustainability and Impact Report 3
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
People Drive Geotab We’re driven by our values, putting customers first and empowering each other to do incredible things. See the many ways in which Geotabbers’ passion and dedication are shaping the future.
2024 Geotab Sustainability and Impact Report 4
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Geotab’s sustainability approach Geotab recognises that climate change is one of the critical global challenges of our time and it affects all sectors and industries. We are fully committed to doing our part when it comes to tackling climate change, and our goal is to be a sustainability leader – not just by managing our operations responsibly, but by working with others towards a more sustainable, safe and net zero carbon future. First, we are improving our own sustainability performance and aligning our own goals to the Paris Agreement, which aims to limit global warming to well below 2°C, preferably to 1.5°C above pre-industrial levels. Second, we leverage our data insights to empower our customers to understand, act upon and scale their efforts in reducing their fleets’ energy usage and emissions. Third, we are encouraging efforts by government agencies to understand how they can provide supportive policy to combat the climate crisis.
2024 Geotab Sustainability and Impact Report 5
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Geotab impact agenda As a global leader in telematics, with millions of subscriptions around the world, the biggest impact we have is in helping the transportation industry transition to a clean future. Two years ago, we launched our Impact Agenda to focus our efforts on three core areas where we can make the biggest difference.
2024 IMPACT HIGHLIGHTS*
• Usage of Geotab’s sustainability solutions increased 39% globally in 2024. • The number of Geotab-connected EVs grew by 63% year-over-year. • Geotab-connected commercial EVs travelled over 700 million miles. • An estimated 4.9 billion USD (roughly 3.8 billion GBP) in potential savings was identified across light-duty fleets in Geotab's aggregate EV Suitability Assessment . • Users of Geotab sustainability solutions emitted (on average) 6.3% less CO 2 per mile compared to non-users, across ~50.6 billion miles driven. • Geotab customers achieved an average reduction of 2.6% in emissions intensity in 2024.
Accelerating decarbonisation in vehicle fleets Providing data-driven tools and insights to support fleets with managing cost, driving
Powering driver and road safety Connecting businesses and cities to intelligent vehicle and transportation insights to support driver safety on the road and reduce the risk of collisions.
Advancing progress to net zero through data, research and partnerships Sharing knowledge and expertise,
1
2
3
investing and collaborating on projects to spark innovation and support efforts toward a low-carbon future.
efficiency and achieving their carbon reduction and electrification goals.
* Aggregated sustainability-related results are based on Geotab commercial customers.
2024 Geotab Sustainability and Impact Report 6
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Partnering for the future Geotab Sustainability Alliance
Collaboration is at the heart of sustainability at Geotab. By working together with our customers, suppliers, industry partners and the government, we can accelerate technological innovation and decarbonisation. We are engaged in a number of industry partnerships to drive progress, including the Geotab Sustainability Alliance. The Alliance convenes a group of partners offering integrated solutions to help fleets achieve their sustainability goals. Alliance partners span a broad range of sustainability providers, including electric vehicle OEMs, charge management and EV charging station providers, fuel management providers, route optimisation partners, EV fleet and sustainability consultants and other emerging solutions.
Learn more about our sustainability partnerships
2024 Geotab Sustainability and Impact Report 7
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Industry collaboration in 2024 Geotab is actively involved in associations and industry initiatives to support leading research and innovation.
North America
Worldwide
American Rental Car Association
Automotive Fleet and Leasing Association (AFLA)
ATA Women in Motion
B C Public eMHDV Charging Network Working Group
Electric Vehicle Council (Australia)
Fédération Française des Associations d’Utilisateurs de Véhicules Electriques (FFAUVE; link in French)
CALSTART Drive to Zero™ programme
Electric Mobility Canada
Electric Vehicle Consortium
Electrification Coalition: Electric Freight Consortium
Transporte Limpio (In Spanish)
AMIVE (Asociación Mexicana del Vehículo Eléctrico)
NAFA Fleet Management Association : Fuels and Technology Advisory Council
Institut du véhicule innovant (IVI):
North American Council for Freight Efficiency (NACFE)
The Technology & Maintenance Council (TMC) of American Trucking Associations (ATA)
Flotte Rechargeable Camions Lourds / Plug-in Fleet Heavy-Duty Trucks
S.11 Sustainability & Environmental Technologies Study Group
2024 Geotab Sustainability and Impact Report 8
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Driving change through data standards Geotab is committed to technically advancing the automotive industry and actively participates in various standards forums such as COVESA in North America and Mobility Data Space (MDS) in Europe. We see improvements, especially for connected vehicle data, as necessary drivers for innovation, improving capabilities to understand fuel efficiency and identify potential improvements. Driving change through common data standards allows for the entire transportation industry to measure and adjust strategies for a sustainable fleet built from the same building blocks for more predictable outcomes. Data standards help identify and align key data points for emissions measurement, this is exemplified by California Air Resources Board (CARB) through their introduction of the continuously connected emissions reporting programme for heavy duty vehicles. The OBD port governed by CARB, over all other vehicle data gateways such as RP1226, has proven to provide the rich data needed across all OEMs for this innovative programme and ultimately for accurate measurement of impacts of emissions regulation. Data standards have an essential role to play in the future of platform agnostic insights of emission data while supporting fleets work to achieve their sustainability objectives.
2024 Geotab Sustainability and Impact Report 9
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Customer sustainability
The electrification journey can be challenging and Geotab helps companies bridge the gap between business objectives and climate-friendly outcomes. Data-driven tools like the Geotab EVSA and EVIA provide the strategic insights companies need to increase efficiency and control costs while making progress on their electrification and decarbonisation goals.
The transportation industry is rapidly evolving, and having access to data that empowers fleet operators to plan, manage and transparently report on progress is essential. As a leader in telematics and connected vehicle solutions with a history of innovation and investments in privacy and security, Geotab has an exceptional opportunity to improve safety, sustainability and performance outcomes for fleets. Our data-driven solutions help fleets optimise their operations (whether through reduced fuel use and idle time, smarter routing or electrification) to save both resources and costs.
Megan Allen Senior Group Product Manager, Sustainability
2024 Geotab Sustainability and Impact Report 10
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
In 2024, we launched a number of new tools and resources that support organisations with their efficiency and electrification goals: • Geotab Sustainability Center , providing actionable insights to address decarbonisation, cost management and opportunities to improve performance. • TÜV Rheinland® certified that the Geotab Greenhouse Gas Emissions Report’s carbon calculation methodology conforms to GHG Protocol principles and requirements. The report automates the tracking of CO 2 e from fleet vehicles, supporting accurate, transparent emissions reporting and compliance with CSRD’s regulatory framework (ESRS E1). • EV charge monitoring , for a comprehensive overview of the charge status with alerts functionality to ensure that fleet EVs are charged and ready to go when needed. • Geotab Safety Center , a new AI-based collision detection technology that accurately detects and categorises collisions. Just four months after launch, customers utilising Geotab’s Safety Center saw a 5.5% reduction in collision rates. • The enhanced Geotab Electric Vehicle Suitability Assessment (EVSA), which was named Sustainability Product of the Year and received a 2024 SEAL Business Sustainability Award, now includes automatic vehicle type detection to streamline vehicle selection and comparison.
01/01/23 - 06/30/25
Fuel and Energy Economy Fuel and Energy Used Fuel and Energy Economy Trend 12.8 2% L-e/100 km
May Fuel and Energy Economy
Add a target for your fleet Your fleet (2025): 11.286 L-e/100 km
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Your Fleet (2025)
Your Fleet (2024)
Geotab became the sole telematics provider to receive California Air Resources Board (CARB) Clean Truck Check (CTC) certification and an industry-first Executive Order to exempt Geotab’s aftermarket solutions from CARB’s emissions anti-tampering regulations in the California market.
Learn more about our sustainable fleet solutions
2024 Geotab Sustainability and Impact Report 11
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Customer success How data is powering progress for our customers.
SIRO Optimising EV operations with real-time data
SIRO aims to provide Ireland’s greenest broadband network to homes and businesses. A United Nations Global Compact signatory, SIRO is transitioning its entire fleet to electric. The broadband network provider wants to ensure their EVs are operating and charging efficiently, and support drivers with objective information to remove any range and charging anxiety. With charging rules and zones, SIRO can work with drivers to improve charging efficiency. They also have access to critical insights to help optimise their EV operations, improve safety and proactively track vehicle performance over time and compare it against industry benchmarks. 27% higher average safety
76% reduction in speeding.
27% lower CO 2 emissions compared to similar fleets.
score across the fleet compared to peer group leaders.
2024 Geotab Sustainability and Impact Report 12
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
California Freight Cutting idling and supporting driver safety California Freight is a versatile, reliable multi-modal transportation company that has provided customised transportation across a wide range of industries since 1989. By realising cost savings through managing idling times, the company was able to reinvest in its business, developing its own APIs for accident reporting and notification with the assistance of AT&T Fleet Management and Geotab. 50,000 USD (around 39,400 GBP) cut monthly on idling costs.
PepsiCo Putting fleet safety at the heart of operations
PepsiCo is a global leader in the food and beverage industry. Since 2017, PepsiCo Turkey (TR) has partnered with Geotab to instil a safety culture across its fleet. With its “Beyond Zero” vision including a workplace devoid of injuries, it was looking for a solution that would elevate road safety. MyGeotab provides access to real-time data on driver behaviour. PepsiCo TR's team receives weekly and monthly reports to consistently track their drivers' safety performance and create a risk profile for each driver. This includes identifying their strong points and areas for improvement, and determining the need for additional feedback or coaching. PepsiCo TR also launched BETTER DRIVE, a tailor-made driver improvement programme, based on the Geotab Safety Scorecard. This programme has been operational for two years, featuring a systematic methodology to encourage safe driving habits. 93% reduction in high-risk driver ratios. 70% reduction in collisions. ENHANCED
BETTER management of safety KPIs, including aggressive driving, seat belt usage, reverse driving, and excessive speeding.
understanding of road safety trends and areas for growth.
2024 Geotab Sustainability and Impact Report 13
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
DB Regio Innovating for the future of public transport Every day, thousands of DB buses are in use throughout Germany, transporting people to where they need to be. With Geotab, DB Regio Bus obtains relevant data about the condition of its vehicles for optimised servicing and maintenance, data for analysing collisions and data for managing fuel cell and electric buses. In addition to identifying potential savings, DB Regio Bus has also made significant improvements in sustainability, including reducing its CO 2 emissions, and contributed to improved air quality with environmentally friendly driving styles and integration of alternative drive systems. OVER 50% reduction in idling violations. Several HUNDRED THOUSAND
litres of diesel saved per year.
OVER 90K metric tons of CO 2 saved with telematics.
REDUCED energy costs.
2024 Geotab Sustainability and Impact Report 14
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
British Antarctic Survey Towards Net Zero Carbon
British Antarctic Survey (BAS) works to understand, tackle and mitigate the effects of climate change and embed evidence in decision making and climate policy. Its scientific research programmes and Net Zero Carbon Strategy underpin the UK’s commitment to:
It’s our primary goal to make working remotely, deep-field in the Antarctic safer, more efficient and carbon accountable going forward. Using this technology allows us to achieve all three. Having the ability to live-track teams on the ice is a huge asset to route planning and safety of the teams with an added benefit of peace of mind to each person on the ice knowing that if they get into trouble, a search and rescue can be deployed fast and accurately to save lives. Ben Norrish Head of Vehicle Engineering, BAS
• Achieving a net zero carbon economy by 2050
• Respond to the challenges of climate change
• Live more sustainably
BAS works with Geotab in the area of transport & logistics, developing bespoke custom telematics solutions for its snowmobiles, snow groomers and wheeled loaders that work in Antarctica and plans to expand installed units. With vehicles traveling up to 2–3,000 km away from base, BAS can actively track assets on the world’s southernmost continent, supporting vital science and sustainable operations.
2024 Geotab Sustainability and Impact Report 15
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Advanced mobility insights Mobility insights for cities, states and grid providers. Altitude by Geotab* Altitude by Geotab is a software platform that provides reliable and contextualised mobility insights for public and commercial sector decision-makers to gain a complete understanding of movements across road networks. Altitude by Geotab enables customers to achieve improved planning capabilities as well as better financial outcomes without the challenge of finding trustworthy and usable data sets. As the primary source and processor of mobility data it ensures complete confidentiality and privacy while maintaining the full context of vehicle movements. The Regional Domicile Analytics tool in the Altitude platform provides critical insights into domicile behaviour. It enables public sector and commercial planners to accurately plan, estimate and forecast the areas in which commercial vehicles stop and for how long, making it easier to find the best locations for charging and refuelling sites. Regional Domicile Analytics is essential for understanding not just vehicle movements, but also aggregate metrics such as travel distance, duty cycle stops and domicile stop durations.
Optimising EV infrastructure planning with commercial transportation insights CIMA+, a leading firm in transportation electrification initiatives, wanted to accurately determine the energy requirements for new commercial EV charging sites to support the decarbonisation of both medium- and heavy-duty freight transportation. By providing key transportation information like origin and destination data as well as commercial vehicle context, Altitude by Geotab helped CIMA+ uncover valuable insights into how trucks are moving goods and enabled it to: 1. Verify where new zero-emissions technologies could meet fleets’ operational needs 2. Recommend appropriate plans, infrastructure and policies for achieving province-wide fleet electrification goals. As new transportation data becomes available, CIMA+ can run new calculations and gain additional insights that will help it refine or adapt its sustainability goals.
When planning for infrastructure, we understand the importance of having accurate and comprehensive data. With access to over 4 million commercial vehicles, Altitude’s insights not only meet these needs but also provide rich contextual information that is unmatched in the market.
Shweta Shah AVP, Product & Engineering
Read the full case study
Learn more about Altitude
*Only available in the US and Canada.
2024 Geotab Sustainability and Impact Report 16
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Geotab operations Geotab is undertaking a materiality assessment to identify and prioritise the environmental, social and governance (ESG) issues and opportunities that will have the greatest impact on our business and that matter most to our stakeholders. The outcome of this assessment will help us focus our efforts and investments in areas which will have the most positive impact. The material topics will inform our overall sustainability strategy, guiding decision-making and identifying opportunities for continuous improvement.
2024 Geotab Sustainability and Impact Report 17
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Sustainability governance Strong corporate governance is a critical part of Geotab’s sustainability efforts and key to accelerating progress towards goals. In 2024, we elevated overall accountability for managing and guiding our sustainability efforts to the Geotab Leadership team. This ensures that sustainability considerations are incorporated into business strategy and decision making, and that the mandate for operating sustainably is embedded at the highest level of the organisation. The Corporate Sustainability team now sits within Global Operations, fostering greater integration of sustainability across Geotab’s business and value chain. This collaborative structure enables Geotab to address sustainability challenges holistically while fostering innovation and resilience across its operations and creating long-term value.
Transparency is one of our key values, and core to how we instil customer confidence in our products, our people and our partners. Geotab aligns its sustainability strategy with internationally recognised frameworks and initiatives to ensure our efforts are impactful and in line with best practice. • SBTi validates Geotab’s emissions reduction goals in line with the Paris Agreement, affirming its commitment to limiting global warming to 1.5°C. • EcoVadis regularly assesses Geotab’s sustainability performance, benchmarking its practices against global peers and providing recommendations to enhance its sustainability performance. • Geotab is a signatory to the United Nations Global Compact and The Climate Pledge. • Geotab submits an annual report to CDP to maintain transparency and accountability. We are also committed to ensuring ethical business conduct and complying with all relevant laws and regulations in each region we do business. In 2024, 100% of Geotab employees completed the annual Ethics and Compliance Training and
Geotab’s ESG Governance Structure
GEOTAB LEADERSHIP
E
S
G
Cross-functional collaboration within business units
Sustainability Leadership Team
Global Operations
People Operations
Legal and Compliance
Internal Audit
Finance
Engagement with third-parties for alignment to regulation and standards: SBTi, EcoVadis, UN Global Compact
98% of employees completed the Avoiding Global Competition Violations Training.
2024 Geotab Sustainability and Impact Report 18
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Risk management and resilience Geotab's risk assessment process is focused on identifying, evaluating and mitigating risks across environmental, operational and technological domains. We employ a data-driven approach to monitoring and assessing risks such as supply chain disruptions, regulatory compliance requirements and climate change impacts. Geotab actively addresses climate risks by setting science-based emission reduction targets and optimising energy use within its operations as well as supporting fleets in transitioning to low-carbon operations with tools like the Sustainability Center , Greenhouse Gas Emissions Report, EV charge monitoring and EV Suitability Assessment . Geotab also addresses climate-related supply chain risks by working to lower customer and partner emissions and promote business continuity plans, enhancing resilience against climate disruptions. At the same time, Geotab sees significant opportunities in climate action, such as driving the adoption of electric vehicles, creating data-driven solutions for fleet efficiency and leading the development of greener transportation systems. By embedding climate change considerations into its operations and partnerships, Geotab is reducing its exposure to risks while positioning itself as a leader in sustainable mobility. The governance framework ensures adherence to ethical and legal standards while also prioritising data security and the ethical use of AI, mitigating risks associated with technological advancements. By embedding risk assessment into operational and strategic planning, Geotab enhances its resilience and supports its long-term commitment to sustainability.
2024 Geotab Sustainability and Impact Report 19
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Environment and climate action
Through data analysis and collaboration, we assess our environmental impact, enabling us to implement targeted solutions that enhance efficiencies and prioritise sustainability in every aspect of Geotab’s operations.
Marysol Escamilla Corporate Sustainability Programme Manager
2024 Geotab Sustainability and Impact Report 20
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Greenhouse gas emissions Approach Geotab understands the urgency of climate action and the need to accelerate decarbonisation and the circular economy. We take a data-driven and science-based approach to addressing our carbon footprint, which includes setting greenhouse gas reduction targets that are approved by the Science Based Targets initiative . Geotab actively measures and analyses its carbon footprint across all aspects of operations, from facilities and global supply chain to the use of products, business travel and employee commuting. This approach provides valuable data to drive strategy and enables us to make informed decisions to achieve our carbon reduction goals. Geotab’s strategy includes improving the quality of greenhouse gas (GHG) data to better identify reduction opportunities, improving energy efficiency across operations, promoting responsible energy use and advancing the transition to clean electricity. We actively engage with value chain partners and stakeholders to understand impact and collectively drive emissions reductions. This approach reflects Geotab’s commitment to mitigating climate change and contributing to a more sustainable future.
In 2024, Geotab continued to make progress in decreasing direct operational emissions. Compared to 2023, we achieved a 66% decrease in Scope 2 emissions, demonstrating a commitment to energy efficiency at our facilities. However, we observed a 0.7% increase in Scope 1 emissions. This increase is primarily attributed to a higher natural gas consumption in key operational locations, such as the Geotab headquarters. Despite this challenge, we remain dedicated to our goal of transitioning to clean energy. We are actively exploring opportunities to increase renewable energy procurement and are evaluating the feasibility of on-site renewable energy generation to support our sustainability goals. Additionally, our Scope 3 emissions increased by 39% compared to 2023, primarily due to business expansion and supply chain emissions. We are committed to addressing these indirect emissions through ongoing supplier engagement and product lifecycle management initiatives.
2024 Geotab Sustainability and Impact Report 21
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Geotab Greenhouse Gas (GHG) Emissions
GHG Emissions (metric tons CO 2 e)*
% change from baseline year
2019
20 24
Total Scope 1
458
272
-40%
Total Scope 2 (location-based)
784
171
-78%
Total Scope 3
40,462*
71,817
77%
Total
41,704
72,260
73%
*Scope 3 Category 7 (employee commuting) emissions from baseline values have been adjusted due to overstated emissions.
See GHG Appendix for further details
Business travel 5.8%
Scope 2 0.2%
Scope 1 0.4%
Other 11.5%
Use of sold products 4.5% Employee commuting 1%
Data processing and hosting 5.1% Business support 2% Software 2.3% Telecommunications 5.7%
2024 Scope 3 emissions – purchased goods and services (MTCO 2 e)
Scope 3 99.4%
Printed circuit and electronic assembly 73.4%
2024 GHG emissions
2024 GHG emissions by scope
Purchased goods and services 88.6%
by category of Scope 3
2024 Geotab Sustainability and Impact Report 22
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Goals
Actions
2040 GOAL
2030 GOAL
Greenhouse gas emissions reporting efficiency We continued to leverage ESG software to enhance the efficiency and accuracy of the GHG emissions calculation process
NET ZERO EMISSIONS across all 3 scopes by 2040.
50% REDUCTION in GHG emissions across all 3 scopes (Science-based target).
Enhanced sustainability guidelines Geotab updated the travel policy for employees, adding sustainability guidelines to outline options that align with and support our sustainability commitments. Employee capacity building We developed an online greenhouse gas emissions course for employees to boost their knowledge, share insights on Geotab’s carbon footprint and empower action.
2024 highlights 40%
78% in Scope 2 GHG emissions.*
77% in Scope 3 GHG emissions.
in Scope 1 GHG emissions.
compared to the 2019 baseline
compared to the 2019 baseline
compared to the 2019 baseline
*The reduction in Scope 2 emissions in 2024 is primarily due to temporary transitions in facility operations, including office closures. As we plan to expand our operations, we remain committed to our GHG emission reduction goals and will continue implementing sustainable measures to drive long-term emissions reductions.
2024 Geotab Sustainability and Impact Report 23
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Energy management Approach
Goals
Actions To further minimise our environmental footprint, Geotab is expanding its energy audit programme to additional facilities. These audits will identify opportunities to optimise energy performance and prioritise improvements. We will continue implementing recommendations from previous audits and explore on-site renewable energy generation. This commitment to continuous improvement across all facilities will reduce emissions, support a cleaner energy future and progress our sustainability goals.
Geotab's energy management strategy is built on four core principles: analyse, conserve, improve, and transition. While facilities are at varying stages of this energy journey, Geotab has ongoing efforts to identify and implement impactful solutions.
2030 GOAL
POWER ALL FACILITIES with 100% renewable energy.
2024 highlights
1
2
3
4
In 2024, Geotab purchased renewable energy certificates (RECs) equivalent to approximately 16.4% of the electricity consumed at the Oakville headquarters.*
Energy Audit ● Understand energy usage ● Identify energy-saving opportunities
* These RECs are not applied to Scope 2 emissions under the location-based methodology we currently use.
Geotab conducted a detailed energy audit at headquarters. We identified critical opportunities for optimisation of energy efficiency through comprehensive data analysis, including insulating domestic hot water pipes to reduce heat loss and a complete transition to LED lighting throughout the office.
2024 Geotab Sustainability and Impact Report 24
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Waste management Approach
Goals
Geotab is committed to minimising waste and maximising waste recovery across operations and the value chain, contributing to a circular economy while minimising impact on the environment. Waste reduction at source is implemented through initiatives that minimise consumption, promote reuse and encourage responsible disposal practices.
2030 GOAL
2025 GOAL
DIVERT MORE THAN 90% of waste at headquarters from landfills by 2030 (across all major waste categories).
INCREASE WASTE DIVERSION RATE AT HEAD OFFICE by 10% each year compared to 2022 figures.
2024 highlights
DIVERTED 86.5% of waste from landfills at the Oakville headquarters.
DIVERTED OVER 1M plastic water bottles from landfills utilising water dispensers and Bevi machines.
DIVERTED & RECYCED OVER 453 KG of snack wrappers.
RECYCLED OVER 5,896 kg of electronics (Oakville) in 2024, equivalent to the weight of a city delivery truck, an increase of over 200% from 2023.
2024 Geotab Sustainability and Impact Report 25
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Actions
Waste recovery To advance the waste diversion programme, Geotab has implemented over 10 waste streams at its headquarters, including compost, container recycling, paper, cardboard, used battery recycling and more. In 2024, Geotab’s average diversion rate reached 86.5%, a decrease in performance compared to 2023 levels (94.1%) highlighting the ongoing challenge of maintaining consistently high diversion rates. In response, we remain dedicated to monitoring our performance and are working on initiatives to promote good waste sorting practices, including education efforts to employees, training for new employees and other engaging activities to further reduce our environmental footprint.
GO Recycle Programme Geotab's GO Recycle programme promotes responsible end-of-life management of our products, minimising their environmental impact. In 2024, we collected and recycled 2,549 kg of accessories through R2/RIOS-certified recycling centres, ensuring secure and sustainable handling. This programme prioritises local recycling to reduce transportation emissions and supports a circular economy by giving materials a second life and diverting waste from landfills.
Sustainable kitchen Geotab provides reusable utensils, plates and cups for every meal at our headquarters, minimising reliance on disposable items.
Waste diverted from landfill, by year
0 10 20 30 40 50 60 70 80 90 100
Reduced printing Geotab is actively reducing paper consumption across our operations. By utilising digital solutions like DocuSign and promoting paperless workflows like digital business and greeting cards, we are conserving resources and reducing waste.
94.10%
86.50%
80.30%
Procured EPEAT-certified IT equipment Throughout 2024, Geotab maintained its commitment to sustainability by exclusively procuring IT equipment certified under the Electronic Product Environmental Assessment Tool (EPEAT), contributing to a reduction of 8,204 kg of non-hazardous waste. Additionally, we continued our partnership with Quantum Electronics to ensure the responsible recycling of end-of-life equipment.
2022
2023
2024
2024 Geotab Sustainability and Impact Report 26
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Packaging innovation Geotab recognises the environmental impact of product packaging and is actively taking steps to minimise our footprint through more sustainable packaging solutions.
'I was considering an EV for the environmental benefits and long-term cost savings, and Geotab's EV Incentive Programme gave me that extra push to make the change. On top of the financial support and convenience of charging at the office, it feels good to play a part in doing better for the planet.
This includes:
• Transitioning to recyclable cardboard for new products.
• Eliminating paper-based instructions and providing digital versions (we are reducing paper consumption and creating lighter, more efficient packaging). • Exploring ways to reduce or eliminate plastic in our packaging, prioritising more sustainable alternatives wherever possible. These initiatives demonstrate our commitment to minimising waste, conserving resources and reducing the environmental impact of our products throughout their lifecycle.
Maha Afana Business Development Manager, Solution Partnerships
Charging an electric future at the office Geotab’s EV Incentive Programme provides a financial incentive towards the purchase of EV or Hybrid EV vehicles. Since 2019, 364 employees have used the programme. Additionally, Geotab has 37 free EV charging stations at the Oakville and Waterloo offices for employee and public use. In addition to the user-friendly elements, the different types of charging stations support Geotab research and development. The data insights are used for validation purposes, ensuring Geotab’s hardware and software solutions are optimised for various types of EVs.
2024 Geotab Sustainability and Impact Report 27
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Supply chain
2024 Geotab Sustainability and Impact Report 28
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Priorities
Approach The large majority of our scope 3 emissions come from the supply chain (purchased goods and services). Geotab is engaged with suppliers and partners to take actions that will reduce emissions beyond the company’s own operations. We are also working with suppliers to improve materials and sourcing standards for Geotab products.
2030 GOAL
BY 2023 100% of top 10 suppliers (by spend) have made a public commitment to GHG reduction.
2024 highlights
AT THE END OF 2024 60% of Geotab’s top 10 suppliers (by spend) now report to CDP.
100% of Geotab’s buyers successfully completed sustainable procurement training in 2024 focused on labour and human rights issues in the supply chain.
2024 Geotab Sustainability and Impact Report 29
About Geotab
Geotab’s sustainability approach
Environment and climate action
Supply chain
People @ Geotab
Data security and management
Appendix
Actions
Supplier engagement Geotab is closely collaborating with our network of suppliers to understand and manage value chain emissions. We are also working with our main contract manufacturer to gather product-specific carbon data across different lifecycle stages, which will help pinpoint areas with the greatest potential for positive impact.
Sustainable procurement Centralised procurement: in 2024 we centralised procurement in one department. This will deliver efficiency gains and enhance supplier relationships. It will also enable greater transparency and control, informed decision-making and increased compliance. Centralised procurement empowers us to prioritise sustainability by strategically sourcing materials, optimising logistics and minimising waste, aligning our operations with our environmental and social responsibility goals. Human rights Geotab Partner Code of Conduct : The Code of Conduct mandates the prohibition of modern slavery, conflict mining and unfair labour practices. It also prioritises local and small business classification, companies offering sustainable products (circular economy parts, increased recycled content and/or recyclability), the presence of business continuity plans and a formal code of conduct, compliance with web content accessibility standards (WCAG 2.1) and active work performed in low-risk geographies. Geotab’s Modern Slavery Statement sets out our global practices, policies and business processes to identify and address risks related to modern slavery in our operations and supply chain. Supplier diversity Partnerships with small and diverse businesses fuel innovation and growth, creating opportunities for a more inclusive economy. Geotab works with small disadvantaged, minority-owned, women-owned and veteran-owned businesses. This includes the HUBZone programme in the US, which promotes small business growth in historically underutilised business zones (HUBzones). At Geotab, we are always seeking new and diverse suppliers to strengthen our business while continuing to deliver the value our customers and partners have come to expect.
2024 Geotab Sustainability and Impact Report 30
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