Air pollution is one of the world’s largest health and environmental problems, and is one of the world’s leading risk factors for death, attributed to an estimated 11.65% of deaths globally. As a leading innovator in truck fleet business analytics, equipment financing, and life cycle cost management (LCCM), Fleet Advantage recognizes Air Quality Awareness Week 2022 (celebrated May 2 – 6) by offering complimentary Emissions Scorecards for corporate transportation fleets in its ongoing efforts to promote better air quality.
Each year, the NOAA National Weather Service, Centers for Disease Control and Prevention (CDC), U.S. Forest Service, and U.S. Department of State join the EPA to recognize and celebrate Air Quality Awareness Week. Its theme this year is “Be Air Aware & Prepared!”, and the goal is to promote events that increase air quality awareness and encourage people to check the Air Quality Index (AQI) daily.
“Since the day we opened our doors, our company has been focused on bringing about change to the industry through lower carbon output and cleaner air quality,” said Katerina Jones, Vice President of Marketing and Business Development for Fleet Advantage. “Our innovative programs illustrate the deep commitment we have to helping our corporate fleet partners serve as industry leaders while driving significant change for the benefit of our nation’s air quality.”
Through the pioneering efforts of Fleet Advantage, the transportation fleet industry is now paying closer attention to their truck’s Life Cycles to understand where they can drive sustainability measures by optimizing replacement cycles. Rather than extending the truck’s use for several years, companies are leveraging Fleet Modernization Studies and the company’s Emissions Scorecards, that scrutinize truck’s performance data and economic factors to determine an optimum procurement and disposal strategy.
As part of the comprehensive Fleet Modernization Study, the Emissions Scorecard reviews the entire fleet by year, make, model, and compares fuel and mileage data and provides detailed information on CO2 reduction in metric tons and gallons of fuel saved, each time the truck was replaced, as well as forecasted savings.
Fleet Advantage customers operate fleets with lower cost per mile, a reduced carbon footprint and improved safety and driver morale by maintaining their fleet’s average life at about 2-3 years. This helps compliment ESG strategies for its customers in their goal to report to regulators and critical stakeholders.
In March, the company announced a new program to help corporate truck fleets certify their greenhouse gas emissions (GHG) output, as recently mandated under a proposed rule issued by the Securities and Exchange Commission (SEC). Fleet Advantage is the only finance lessor that has been certifying such measures for a decade with a focus on tractor trailer fleets that operate high annual mileages (MPY).