Transportation professionals have had a lot to manage over the past three years. Since COVID-19 began, consumer demand for goods boomed while capacity stretched thin, sending transportation rates sky-high. While some of these issues have waned, kinks in the global supply chain...
Carbon Emissions Measurements & Calculations Methodologies in Shipping: Which is the Most Accurate?
When taking steps toward reducing carbon emissions, there is a necessary first step of measurement and calculation to find where the organization currently stands. This step establishes the baseline and is used for comparison when making changes and examining the results. This...
SURVEY RESULTS: BREAKING DOWN THE BARRIERS TO CORPORATE CLIMATE ACTION
Oliver Wyman recently conducted a survey in partnership with Climate Group that asked climate practitioners about their most significant barriers to progress in reducing their carbon footprint. The most common response was the ability to measure and reduce Scope 3 emissions up...
WHAT ARE EEXI AND CII? A SHIPPING INDUSTRY GUIDE TO SUSTAINABILITY REGULATIONS
In 2021, the International Maritime Organization (IMO) set 2030 as the target date to reduce ships’ carbon emissions by 40%. To reach this goal, the IMO and the Marine Environmental Protection Committee (MEPC) drafted amendments to existing greenhouse gas emissions regulations....
The Big Value of Data Completeness for Transport Carbon Emission Data
Did you know that a company’s supply chain typically accounts for 80% of its total climate impact? For most businesses, tackling transport carbon emissions is one of the more difficult sustainability-related tasks.
But momentum toward cleaning up supply chains is picking up...
The Value of Freight Shipping Emissions Data Mapping as a Service via an API
Despite all the negative consequences of 2020, there were two remarkable things that happened. First, carbon emissions decreased by 5.4% around the globe, as quarantining and social distancing led to drops in commuting, vacationing, and other activities. Secondly, global supply...
This One Tip of 11 Aids Shippers in Selecting a Freight Forwarder Focused on Carbon Emission Reduction
It’s no secret that consumers now expect that the businesses they buy from are environmentally and socially conscious. According to the 2022 Retail and Sustainability Survey from the business applications firm CGS, 42% of U.S. consumers prefer to wait for a sustainably...
Decarbonizing Ocean Container Transport: Smart Freight Centre Publishes 2021 Clean Cargo Global Average GHG Emission Intensities
The Smart Freight Centre, an international non-profit that reports on and works to reduce emissions from freight transport, has published its annual emissions intensities report for 2021. The report is curated as part of the Clean Cargo initiative, which seeks to track total emissions...
Best Practices to Track, Measure, and Reduce Container Ship Emissions
Ocean shipping has long been the backbone of the global supply chain. While demand continues to rise, the concern over container ship sustainability, i.e., methane, nitrogen oxides, and carbon emissions, has caused a shift in how businesses optimize shipping services. Due...
What Are Scope 3 Emissions & Where Do They Fall in Your Value Chain?
As social norms have evolved, automation of daily tasks has changed everything. Manufacturing plants in areas with low-cost labour have supplanted handmade, local products. As a result, transportation of raw materials and finished goods have resulted in more carbon emissions.
Many...