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
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