Quartix Technologies, the leading vehicle tracking provider, has received the the London Stock Exchange’s Green Economy Mark which celebrates those companies driving growth in the green economy.
The London Stock Exchange recognises companies that generate at least 50% of their total annual revenue from products and services from low carbon activities with their Green Economy Mark.
Quartix provides vehicle tracking solutions that assist businesses globally in managing and supporting remote workforces, while reducing fuel spend, carbon emissions and vehicle maintenance costs. Quartix services are currently used by over 20,000 businesses worldwide, helping the company generate £25.6m revenue for the year to 31st December 2021.
“Fleet businesses have sustainability targets to meet and investors are increasingly focused on growing the proportion of their investments that support green industries. We are delighted to receive the Green Economy Mark and to be recognised as a top green business to invest in,” said Emily Rees, Chief Financial Officer at Quartix.
Julia Hoggett, CEO of the London Stock Exchange, added: “Congratulations to Quartix on receiving the Green Economy Mark, which recognises companies that derive more than 50% of their revenues from green products and services. Companies that qualify for the Mark play an important role in the global green economy and the shift towards low-carbon business models: they are key to accelerating the transition to a more sustainable economy.”