Sustainability Archives - Page 3 of 3

Maritime Disruptions in the Red Sea: Building Sustainability in Times of Crisis

Written on January 22, 2024. Posted in Emissions, Sustainability.

Ocean shippers are searching for new ways to get their goods from Asia to Europe after the Suez Canal has become effectively closed to international trade.

Harnessing the Power of Searoutes API for Sustainable Freight Forwarding

Written on June 21, 2023. Posted in Sustainability.

In the current market, it has become critically important that freight forwarders strategize how they stand out in the industry to thrive as a business. Forwarders are seeing increased competition—underlined by M&As and a series of activities from ocean carriers buying into...

Supply Chain Sustainability KPIs: What are Procurement Managers Held Accountable To?

Written on April 6, 2023. Posted in Sustainability.

Reducing carbon emissions in shipping is a growing topic for supply chain leaders; however, for the discussion to turn into real change, it must dive deeper. Having a goal is not enough; measurable actions and results must clearly define the goal, often best quantified by key...

What is the EU Corporate Sustainability Reporting Directive (CSRD)?

Written on January 11, 2023. Posted in Sustainability.

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,...

ISSB Confirms Scope 3 Included in IFRS’ Climate Disclosure Standard: How CFOs & Heads of Sustainability Can Prepare

Written on November 29, 2022. Posted in Emissions, Sustainability.

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...

WHAT ARE EEXI AND CII? A SHIPPING INDUSTRY GUIDE TO SUSTAINABILITY REGULATIONS

Written on October 25, 2022. Posted in Sustainability.

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....

Earth Day 2022: Global Trade Refocuses on Emissions Reductions

Written on April 15, 2022. Posted in Sustainability.

After two years of unprecedented times, many individuals and organizations are finding their “new normal.” While some wish for the familiarity of yesteryears, many have moved past that and are embracing the idea of a new normal. Among the many developments of this new normal is...