RCS - eDriving - eDriving Launches New EcoReport

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28/11/2023 14:15

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RNS Number : 8487U  eDriving  28 November 2023

eDriving Launches New EcoReport Sustainability Reporting Solution for Fleets

 

CAPE MAY COURT HOUSE, NJ and STOCKHOLM, SWEDEN / ACCESSWIRE / November 28,
2023 / eDriving(SM), a Solera company and leading global provider of digital
driver risk management solutions, today announced the launch of its new
EcoReport sustainability reporting solution to help fleets globally manage
Scope 1, 2, and 3 greenhouse gas (GHG) emissions.

To view the logo (Click Here
(https://www.accesswire.com/users/newswire/images/810461/edriving-greater-than-logo.png)
)

EcoReport is the latest development in eDriving's partnership with driving
data analytics leader, Greater Than, which has already seen the introduction
of the EcoDrive feature in eDriving's award-winning digital driver safety app,
Mentor(SM). The EcoDrive enhancement to Mentor empowers drivers to reduce
carbon emissions and EV battery consumption by an average of 20% while
ensuring their safe return home each day.

Now, with the launch of EcoReport, companies can quantify their
driving-related CO2 emissions while showcasing the results of their climate
impact reduction efforts in a ready-made Environmental, Social &
Governance (ESG) reporting solution. Key features include:

·      Measures CO2 driving emissions

·      Enables benchmarking, goal setting, and progress reporting

·      Facilitates seamless reporting for fleets across Scope 1, 2, and
3

"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."

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 January 1, 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.

EcoReport simplifies ESG reporting for fleets of all sizes by leveraging data
from the Mentor by eDriving smartphone solution and compiling it into a
detailed report that incorporates all the driving-related data fleets need to
share with customers, supply chain partners, and investors alike.

With Scope 3 (value chain) emissions playing such a leading role in
sustainability goals for large organisations, EcoReport can be easily adopted
or shared by partner companies to help all players in the value chain obtain
emissions data that matters.

"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 sustainability
commitments, and win potential new deals - eDriving has just launched that
solution."

Revolutionising driver risk management for over 25 years, eDriving is the
trusted partner of choice for many of the world's largest sales, service, and
delivery fleets, supporting over 2,000,000 drivers in 125 countries with
award-winning digital driver risk management solutions. Its smartphone-based
Mentor programme identifies and remediates drivers' risky habits behind the
wheel with scoring, training, coaching, and gamification, achieving up to an
89% reduction in risky driver behaviour over 18 months.

The integration of Greater Than's EcoDrive feature enables eDriving to extend
Mentor's value proposition beyond a comprehensive driver safety solution as a
holistic driver safety AND sustainability solution. Now, with the addition of
EcoReport, eDriving is demonstrating its expertise in ESG management,
delivering a truly end-to-end solution that helps organisations to measure,
report on, and reduce emissions.

To view the image (Click Here
(https://www.accesswire.com/users/newswire/images/810460/image.jpeg) )

Press contact, eDriving:

Kellie James, VP, Marketing
press@edriving.com (mailto:press@edriving.com)

About Solera

Solera is the global leader in vehicle lifecycle management
software-as-a-service, data, and services. Through four lines of business -
vehicle claims, vehicle repairs, vehicle solutions and fleet solutions -
Solera is home to many leading brands in the vehicle lifecycle ecosystem,
including Identifix, Audatex, DealerSocket, Omnitracs, LoJack, Spireon,
eDriving/Mentor, Explore, cap hpi, Autodata, and others. Solera empowers its
customers to succeed in the digital age by providing them with a "one-stop
shop" solution that streamlines operations, offers data-driven analytics, and
enhances customer engagement, which Solera believes helps customers drive
sales, promote customer retention, and improve profit margins. Solera serves
over 300,000 global customers and partners in 100+ countries. For more
information, visit www.solera.com (https://pr.report/nXEz47yR) .

About eDriving

eDriving, a Solera company, helps organisations around the world improve
safety, reduce injuries, licence endorsements, carbon emissions, and total
cost of fleet ownership through its patented digital driver risk management
programmes. These include the Mentor by eDriving(SM) smartphone app with
FICO® Safe Driving Score; the patented, five-stage Crash-Free Culture® risk
reduction programme; and the Virtual Risk Manager® platform, all designed to
work together within a privacy-first, data-secure environment that supports
drivers and their managers every step of the way. eDriving is the digital
driver risk management partner of choice for many of the world's largest
organisations, supporting over 2,000,000 drivers in 125 countries. Over the
past 25 years, eDriving's research-validated programmes have been recognised
with over 120 awards around the world. For more information, visit
www.edriving.com (https://pr.report/Lx0i7Y4H) .

About Greater Than

Greater Than is a driving data analytics company that specialises in
understanding driver impact on the roads. Through the power of artificial
intelligence (AI), Greater Than converts GPS data into driver scores that
predict crash probability and climate impact. The scores can be further
enhanced with additional intelligence including an analytics dashboard,
prevention tool, and summary reports.

Insurance companies, underwriters, fleet solution providers, mobility
providers and other owners of GPS data use Greater Than's analysis to optimise
driver risk management, achieve insurance profitability, manage sustainability
& ESG reporting, and monetise GPS data. Greater Than (GREAT.ST) is listed
on Nasdaq First North Growth Market. FNCA Sweden AB is the Company's Certified
Adviser. Learn more at www.greaterthan.eu (https://pr.report/m3dV8cne) .

SOURCE: eDriving

 

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