Market Overview: Fleet Decarbonization

Access this research

Access all Carbon Management Software content with a strategic subscription or buy this single report

Need help or have a question about this report? Contact us for assistance

Executive Summary

The electrification and optimization of fleets is shifting from a health and safety prerogative – mainly focused around air quality – to a decarbonization priority for many businesses. Sectors with a high proportion of fleet emissions, such as postal services, telecommunications and consumer goods, are setting ambitious reduction targets, and adopting different levers to decarbonize their fleets – ranging from optimizing existing fleets to purchasing electric vehicles (EVs) and sustainable fuels. This report identifies tech solutions and innovations in the fleet decarbonization market, as well as new business models, and examines how they are evolving. 
The market for fleet decarbonization is expanding as firms address high transport emissions
Corporate strategies to tackle fleet emissions vary by industry
The five levers of fleet decarbonization
Innovations in fleet decarbonization solutions will drive market expansion
Battery and recycling innovation will propel fleet decarbonization and limit environmental impacts
OEMs, start-ups and established providers invest in charging infrastructure offerings
Alternative fuels gain traction as interim solutions for hard-to-electrify heavy-duty vehicles
Software solutions support fleet decarbonization strategy development and implementation
Figure 1. In the GHG Protocol, fleet emissions fall into all three Scopes 
Figure 2. Organizations will prioritize investment in charging infrastructure, alternative fuels and current fleet upgrades over the next three years
Figure 3.
The five fleet decarbonization levers
Figure 4. Major investments in battery manufacturing and recycling firms: August 2023 to February 2024
Figure 5. Fleet managers and sustainability leads require similar data for different priorities

About the Authors

Alessandra Leggieri

Alessandra Leggieri

Senior Analyst

Alessandra is a Senior Analyst at Verdantix, specializing in carbon management and software for product carbon footprints. Her research spans over 100 vendors in the carbon ma...

View Profile
Ryan Skinner

Ryan Skinner

Research Director

Ryan is a Research Director at Verdantix, where he leads a team of analysts delivering research, data and advisory services that help clients navigate the fast-evolving landsc...

View Profile

Other related content

Webinar
Sustainable Supply Chains
Digital Grid Technologies
Corporate Sustainability Leaders
Corporate Sustainability & Climate Change Services
Corporate Energy Transition Solutions
Corporate Energy Leaders
Carbon Management Software
Built Environment Energy & Decarbonization
Utility Customer Platforms: Navigating ...

Utilities are managing billing, CRM, customer engagement and DER operations across separate systems designed for a one-way energy model, which is now expiring. In the UK, National ...

Upcoming / 03 September, 2026

Blog
Carbon Management Software
The Next Scope 3 Blind Spot Could Be AI

Resource-constrained sustainability teams are increasingly turning to AI to handle growing volumes of data and to streamline carbon accounting and sustainability reporting. The Ver...

07 August, 2026

Blog
Sustainable Supply Chains
Carbon Management Software
ASUENE’s $87 Million Funding Signals AP...

On July 24, Japanese carbon management software provider ASUENE raised $87 million in Series D funding, led by Decarbonization Partners, the climate investment joint venture est...

07 August, 2026

Blog
Climate Financial Data & Analytics
Carbon Management Software
Corporate Sustainability Leaders
CDP’s Permira Deal Signals A New Phase ...

CDP's decision to bring in private equity backing marks more than a change in ownership. It may represent a turning point in the evolution of the sustainability market itself. The ...

03 August, 2026

Blog
Sustainable Supply Chains
Carbon Management Software
ASUENE Acquires Secaro: What The Deal R...

In July 2026, ASUENE acquired UK-based supply chain sustainability platform Secaro, marking its eighth acquisition and further expanding its footprint across Europe and North Ame...

03 August, 2026

Webinar
Sustainable Supply Chains
Sustainability Assurance & Due Diligence
Sustainability & Climate Risks
ESG & Sustainability Reporting Software
Corporate Sustainability Leaders
Corporate Sustainability & Climate Change Services
Corporate Energy Transition Solutions
Climate Financial Data & Analytics
Corporate Energy Leaders
Carbon Management Software
Built Environment Energy & Decarbonization
Full Charge Ahead: Navigating The EV Ch...

EV charging management software is moving quickly from a niche operational tool to a critical enterprise system, and the urgency for buyers is only increasing as the market matures...

18 June, 2026