Greater Than (GREAT. ST), the global provider of driver crash probability and climate impact intelligence, today announced that its data analytics has enabled its partner eDriving, a Solera company, to launch a new Environmental, Social & Governance (ESG)/ sustainability reporting solution for fleets.
EcoReport – which follows the successful introduction of EcoDrive powered by Greater Than in eDriving’s award-winning digital driver safety app, MentorSM – compiles driving data from EcoDrive, including CO2 emissions and savings, into ready-made sustainability reports.
“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 organizations,” 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 organization’s culture of safety and sustainability to another level.”
EcoReport leverages data from the EcoDrive feature in Mentor to enable eDriving to deliver a truly closed-loop solution that helps organizations measure, report on, and reduce, emissions. It simplifies ESG reporting for fleets of all sizes through the creation of ready-made reports that incorporate all the driving-related data fleets need to share with customers, supply chain partners, and investors alike. This strengthens 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.
Since it works with many of the world’s largest sales, service, and delivery fleets, supporting over two million drivers in 125 countries, eDriving is ideally placed to help accelerate global efforts towards Net Zero while ensuring organizations’ 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 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.
About Greater Than
Greater Than is a driving data analytics company that specializes 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 optimize driver risk management, achieve insurance profitability, manage sustainability & ESG reporting, and monetize 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.
eDriving, a Solera company, helps organizations around the world improve safety, reduce injuries, license violations, carbon emissions, and total cost of fleet ownership through its patented digital driver risk management programs. These include the Mentor by eDrivingSM smartphone app with FICO® Safe Driving Score; the patented, five-stage Crash-Free Culture® risk reduction program; 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 organizations, supporting over 2,000,000 drivers in 125 countries. Over the past 25 years, eDriving’s research-validated programs have been recognized with over 120 awards around the world. For more information, visit www.edriving.com.
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.