Fleet technology solutions specialist eDriving has introduced a new Environmental, Social & Governance (ESG) sustainability reporting solution for fleets.

EcoReport leverages data from EcoDrive and turns it into ready-made sustainability reports

The new solution, which uses data analytics from Greater Than, enables fleets to measure, report on and reduce CO2 emissions.

It follows the recent introduction of the EcoDrive tool as part of eDriving’s Mentor digital driver safety app. EcoReport leverages data from EcoDrive and turns it into ready-made sustainability reports. These can be shared with customers, supply chain partners and investors, strengthening the management of emissions across all Scopes, including Scope 3, which is set to be a key focus for reporting companies in 2024 and beyond.

“We’re set to see radical change in 2024 as mandatory ESG reporting regulations come into play for more companies, and the management of value chain emissions becomes a critical focus for some of the world’s largest organisations,” said Ed Dubens, CEO/Founder of eDriving. “Don’t panic! We take away the pain and administrative burden of reporting by converting your Mentor driving data into a comprehensive ESG report to meet the needs of all stakeholders while taking your organisation’s culture of safety and sustainability to another level.”

eDriving already works with many of the world’s largest sales, service and delivery fleets and the new EcoReport solution strengthens its work in helping accelerate global efforts towards net zero while supporting organisations’ adherence to relevant ESG regulations.

“We’re so proud of eDriving for elevating their role in safety and sustainability management to help fleets get to grips with ESG reporting requirements,” said Liselott Johansson, CEO, Greater Than. “Globally, more fleets will be seeking a solution that enables them to fulfil legislation, meet the pressures of stakeholders, demonstrate their sustainable commitments, and win potential new deals – eDriving have just launched that solution.”

ESG reporting requirements will ramp up in 2024, as some of the main regulations take effect. This includes the EU’s Corporate Sustainability Reporting Directive (CSRD) that will apply for financial years starting on or after 1 January 2024. The European Sustainability Reporting Standards (ESRS) will also become effective on the same date.

Regulations are also incoming in other parts of the world, with the United States having proposed the Enhancement & Standardization of Climate-Related Disclosures for Investors and Australia welcoming the Climate related financial disclosure (2022) from July 2024.