Case study - Transflo
Transflo is a provider of workflow, automation, and connectivity solutions to the freight industry. Transflo’s mobile and cloud-based technology products help carriers manage their fleets, ensure compliance with regulations, and collect and store key documents to improve billing and collection timelines.
Bregal Responsible Investment Report - 2021/2022
ESG Value Proposition
Transflo enables customer sustainability in a high-carbon impact sector through its suite of digital products that optimise routes and improve regulatory compliance.
Transflo demonstrates ESG leadership within its industry on climate and diversity, equity, and inclusion.
Material Themes
- Energy and Carbon
- Employee Engagement
- Cybersecurity
- Diversity
- ESG Integration
ESG Key Performance Indicators
Climate Action: Scope 1 & 2
2021: 531.8 tCO2e | 2022: 550.4 tCO2e
Climate Action: Scope 3
2021: 402.4 tCO2e | 2022: 308.9 tCO2e
Employee Engagement
1st Employee Engagement Survey
Diversity, Equity and Inclusion
Voted 2022 Top Place to Work in trucking by the Women in Trucking Association
25% Female Representation in the C-Suite, led by a path-breaking woman CEO, Renee Krug - the first in the freight tech sector
Software & Services
Tampa Bay, FL
278
Transflo demonstrates ESG leadership within its industry on climate and diversity, equity, and inclusion. The highlights of 2022 include:
Climate Action
- Submitted and received approval for science-based targets to reduce Scope 1 & 2 emissions by 42% by 2030. As part of its decarbonisation plan, Transflo procured renewable energy certificates (“RECs”) to match 2022 Scope 2 emissions associated with electricity consumption, and has plans to launch strategic projects to reduce operational emissions in 2023.
Diversity, equity, and inclusion
- Demonstrated commitment to DEI, with above-industry average representation in C-suite positions¹.
- The company was recognised as the 2022 Top Company for Women to work in the trucking industry, an accolade given by the Women in Trucking Association.
Employee engagement
- Improved governance and processes around employee engagement, launching its first employee engagement and eNPS surveys in 2022.
- The company also established the Transflo Culture Employee Engagement Team to drive a strong internal culture.
Future focus
- Pursue a loan through the Sustainable Development Loan Programme to transition current co-location data centres to renewable powered cloud-based data centre. The initiative is projected to lead to an 11% reduction in total emissions by the implementation year (2025), enabling the company to progress towards its science-based target.
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