Having the best data on carbon emissions is about to become even more important for companies working in green logistics and shipping. As CO2 emission reporting becomes mandatory across the EU by the end of 2023, companies relying on default data will face higher reported carbon emissions, which in turn leads to higher costs for both shippers and carriers.
Carbon Visibility: Why companies need to measure CO2 emissions now
Sustainability and real-time visibility
Being able to measure data accurately offers a key advantage when it comes to achieving sustainable transport, as better data quality leads to more accurate calculations and meaningful strategic decisions in sustainable transport. Sixfold is the first real-time visibility provider which actually uses primary data, allowing full carbon visibility and actionable data essential for reliable GHG reporting.
A recent report conducted by Transport Intelligence(Ti) and Sixfold found that 72% of respondents already have a supply chain sustainability strategy in place and almost half (45%) say that RTV data is the most valuable tool when it comes to making improvements in sustainable operations.
Sustainable transport and the Scope 3 emissions ‘monster’
For many companies, the challenge of sustainable transport and carbon emission reporting also involves dealing with Scope 3 emissions, which include all indirect emissions as part of a company’s value chain.
This includes upstream going to the facility, or downstream going to the customer. Measuring such emissions is key to green logistics, says Marvin Endlich, Head of Global Procurement – Logistics & Packaging at ICL Group.
Transport emissions and Carbon Visibility
Transporeon's Carbon Visibility dashboard allows shippers, carriers and freight forwarders to measure emissions across the whole supply chain, providing accurate and actionable data essential for the proactive reduction of emissions in future.
They can then share their emissions data with their partners to help each other fill in the scope 3 emissions blanks they may be facing. This facilitates a streamlined and quick carbon emissions reporting process as well as providing the most accurate basis for managing transport emissions (as well as sustainability more generally).
“The driver for us is that our stakeholders and customers are asking us to be more cautious and not only report, but also show the actions that we are taking to reduce our carbon footprint,” says Alejandro Parodi, Global Category Manager Transportation & Logistics at Bekaert. “I think we are recognizing that green procurement has a leading role in creating value from the cooperation of companies across the value chain and the supply chain.”
For any company starting a journey towards Net Zero logistics, Transporeon Carbon Visibility will help to provide certified emissions reports for every goods movement.
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Transporeon Carbon Visibility
Real Time Tracking & Visibility