Logica EMO - Business Benefits
The benefits of a system like Logica EMO are manifold. It enables the monitoring of vehicular carbon footprints in real time, which when used as a feedback to drivers, enables them to improve their driving style and thereby reduce fuel consumption and carbon footprint. This is an effective way toutilise fuel efficiently, even at a single consumer level. As for fleet operators, this is a good opportunity to improve profitability by encouraging drivers to save fuel through better driving habits.
Regulatory bodies can use the data captured by Logica EMO from each vehicle to design schemes that reward drivers with lower carbon footprints. The data captured by Logica EMO forms a reliable source of statistics that could be used by various stakeholders to implement programmes that encourage reduction of carbon footprints.
- Governments & Regulatory Bodies
In today’s times when everyone in the global economy is striving to become more energy efficient, household emissions form a new focus area. Governments and regulatory bodies can draw attractive incentives for green driving in the form of fuel surcharge waivers, toll and parking charge reductions and even base insurance premiums based on whether a person is a rash driver or not. People will then be motivated to change their driving behaviour, and in the long-run save money and resources as well as prevent air pollution. All this is possible using the real-time data made available by Logica EMO.
Global business intelligence agency, the Economist Intelligence Unit, concurs that the biggest benefits that an organisation expects to derive from adopting environmental practices, beyond those of compliance, is the ability to attract a new customer base and/or retain the existing ones. This becomes increasingly important for energy companies at a time when more and more customers are becoming environment friendly and switching to cleaner energy sources. Information compiled and sent out by Logica EMO in the form of reports can be a basis for pro-green programmes like ‘Green Points Accelerator' for loyalty points etc.
Political and social ergonomics suggest that emitting polluting gases will inevitably come at a cost irrespective of which side of the climate change debate a company lies. Customers of fleet companies, particularly large corporations, would favourably look at those firms that can manage to significantly reduce their carbon footprints. Logica EMO forms a reliable source of statistics that could be used by the fleet companies to implement programmes that encourage reduction of carbon footprints.
Logica EMO has an open and flexible platform that can accommodate different other stakeholders and create many such eco-systems based on the business models it is applied to.