The impact of cost on fleet decarbonisation efforts are revealed in a new report from Shell Fleet Solutions.

The report, ‘Fleet decarbonisation: How to drive cost efficiencies by unlocking value’, aims to help fleet managers get the most from their investments in low- and zero-carbon solutions.

The report features research from 742 businesses and fleet decision-makers across Europe, North America and Asia, which found that the cost of decarbonisation is perceived as the biggest challenge to fleets looking to achieve their sustainability goals.

Giorgio Delpiano, senior vice president for business mobility at Shell, said: “As fleets advance their decarbonisation journey, they need to balance the need to decarbonise with continuing to operate at low cost.

“Our latest report explores practical steps that fleets are taking to manage costs and unlock the value of low- and zero-carbon solutions.”

The research also highlighted how operational efficiency and total cost of ownership (TCO) remains key. 

Solutions to drive efficiency were listed as a top-three desired benefit for the next 3-5 years among surveyed fleets. On top of this, reducing TCO is the most highly desired benefit for fleets.

Read the full report and recommendations here.