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Ogilvie has added a new function to its contract hire system that allows businesses to build up an accurate picture of their fleet average CO2 level based on the emissions of existing vehicles on their books.
The feature, which is part of the company's Mi Fleet 2 contract hire system, gives operators the ability to set appropriate CO2 emission caps for their new car choice lists in order to offset the high emissions of existing vehicles that are scheduled to remain on their fleet for some time.
Sales and marketing director Nick Hardy explained: "130 g/km is the CO2 figure that most organisations are seeking to beat in selecting new vehicles. However, what is even more critical to businesses is that the average vehicle CO2 figure across their fleet is below 130 g/km.
"That means calculating what the current average CO2 figure is across the fleet, which in the majority of cases remains above that threshold. But by taking into account when current vehicles will be replaced, we can forecast the average CO2 figure at selected dates into the future.
"As a result, to ensure the average fleet CO2 figure is below the 130 g/km level it may be necessary to set a new vehicle CO2 cap at, for example, 125 g/km, 120 g/km or even lower to take account of existing fleet vehicles and their contract period.
"Consequently, a business will know that, for example, in 18 months time it will achieve its objective of reaching a fleet average CO2 emissions figure of 130 g/km given current vehicle replacement cycles. It can then set about reducing the fleet average even further."
The changes have been introduced "in response to customer demand", which is said to be driven by a reaction to the increasing requirement for companies to report on their total CO2 emissions.
The firm highlighted that around 1800 companies listed on the London Stock Exchange will be obliged to show their carbon footprint on annual reports published after 30 September, and that similar legislation is likely to follow for smaller firms.
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