Sustainability

Sustainability at Element

At Element, our efforts are rooted in contributing to a more sustainable and inclusive world. We are committed to driving progress that enriches our people, clients, suppliers, and communities and paves the way for a brighter future for all. Central to this commitment is our dedication to accountability and transparency. We have set near-term science-based targets, ensuring that our actions align with rigorous standards and contribute to driving sustainable growth.

Our Sustainability strategy is based on three key pillars

Our planet

Element is committed to reducing our greenhouse gas footprint, helping our clients meet their decarbonization goals, and helping move the fleet management industry to a lower carbon economy. Central to our strategy is supporting the transition to electric vehicles and educating our people.

Our people

We are deeply committed to the well-being and development of our people. By investing in our people – through education, empowerment, and equity – we strive to foster a workplace that not only thrives today but paves the way for a more sustainable future.

Our business

We are committed to strong governance practices that align with our objective of delivering appropriate risk-adjusted returns for our investors. Recognizing the critical importance of sustainability to long-term success and value creation, we focus our efforts on enhancing oversight, reporting, and disclosures, ensuring transparency, accountability, and integrity for our stakeholders.

Science-based Targets

The Science-based Targets initiative (SBTi) has approved Element Fleet Management’s near-term science-based emissions reduction targets. Element Fleet Management commits to reduce absolute Scope 1 and 2 GHG emissions 63.70% by 2034 from a 2019 base year and reduce Scope 3 GHG emissions from use of sold products and downstream leased assets 66.40% per USD value added within the same timeframe. Annual progress updates are expected to be captured in our Sustainability Report.

Read the press release

"At Element, our actions are enabling us to deliver sustained and positive differences where we live and work. Together, we are committed to being accountable, transparent, and doing the right thing for our stakeholders, our clients, and our communities.

Sheri McGrath, Vice President, Sustainability

Top 50 SDG Leaders

Element is honoured to be featured as one of the Top 50 SDG Leaders in a global documentary video series highlighting organizations advancing the United Nations Sustainable Development Goals (SDGs).

Sustainability report

2025 Sustainability report

Download

Podcast: SDG in Action

Element is delighted to sponsor a new podcast series hosted by the UN Global Compact Network Canada. The series provides a deep dive into the crucial role of Global Goals in shaping an equitable future, sharing diverse Canadian perspectives. Learn about actionable pathways to embrace change and drive sustainable solutions.

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