Today’s logistics and supply chain operations would be nothing without the data they depend on. Every decision based on data analysis makes an important assumption—that the data used is reliable. In fact, this is what gives data any kind of value, that it can be trusted to provide...
What is the EU Corporate Sustainability Reporting Directive (CSRD)?
In today’s world, businesses are expected to operate in a manner that is mindful of social and environmental issues, taking into account the impacts of their operations and making efforts to minimize negative effects. With the goal of helping companies make progress toward sustainability,...
THE VALUE OF SEAROUTES: THE POWER TO REDUCE YOUR CARBON EMISSIONS
Shippers, BCOs, and freight forwarders have a growing list of reasons to take action to reduce their carbon emissions. According to the International Energy Agency (IEA), 8% of global CO2 emissions can be attributed to freight transportation, and projections indicate maritime...
Carbon Emissions Reporting in Shipping: The Power of an API-First Approach
Making meaningful improvements toward sustainability and reducing carbon footprints starts with GHG emissions reporting. Measuring greenhouse gas emissions and examining the various sources allow organizations to monitor their current emissions in relation to their GHG emission...
ISSB Confirms Scope 3 Included in IFRS’ Climate Disclosure Standard: How CFOs & Heads of Sustainability Can Prepare
A number of challenges are inherent with Scope 3 emission reporting—measuring and tracking CO2 for what is outside of an organization’s control—but it is becoming more necessary to invest in a strategy for reporting and reducing these carbon emissions. The ISSB recently announced...
How Searoutes Helps the Shipping Industry Accurately Measures Carbon Emissions Data
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...