This article explores how companies can achieve supply chain decarbonization by evaluating carbon emissions, utilizing renewable energy, and adopting low-emission fuels. These measures not only address climate change but also enhance market competitiveness.
The EU's Carbon Border Adjustment Mechanism (CBAM) is a crucial policy tool for addressing climate change and preventing carbon leakage. Its legislative journey began in 2019, encompassing drafting, internal negotiations, formal adoption, and entry into force. By imposing carbon tariffs on high-carbon emission goods, CBAM aims to promote global emissions reduction, reshape trade patterns, and drive technological innovation. The EU will continuously revise and adjust CBAM to ensure its effectiveness and feasibility in achieving its climate goals and preventing unfair competition.
This article delves into the advantages of Less than Container Load (LCL) shipping and highlights how Flexport LCL leverages technology to provide customers with more transparent, efficient, and reliable international logistics services. It covers the definition, benefits, service models, cost control, carbon emission management, and end-to-end supply chain management aspects of LCL. The aim is to provide readers with a comprehensive understanding of LCL and enable them to make informed logistics decisions.
This paper delves into carbon emission calculators, specifically IATA CO2 Connect, and how they assist companies in achieving sustainability goals. CO2 Connect enables businesses to formulate greener travel policies, improve environmental performance, enhance brand reputation, and support Environmental, Social, and Governance (ESG) strategies by accurately quantifying aviation carbon emissions. It empowers organizations to understand their carbon footprint associated with air travel, allowing for informed decisions and contributing to a more sustainable future for the aviation industry and the planet.
IATA CO2 Connect is an industry-leading carbon emission calculation tool, providing accurate and reliable carbon footprint information based on extensive aircraft and route data. It offers four subscription plans: Basic, Standard, Advanced, and Corporate Travel, catering to diverse needs. By choosing IATA CO2 Connect, businesses can precisely understand their carbon footprint and facilitate their green transition initiatives. It empowers organizations to track and manage their emissions effectively, contributing to a more sustainable aviation industry and a greener future.
Royal Jordanian Airlines has joined the IATA Environmental Assessment (IEnvA) program, demonstrating its commitment to improving environmental management and achieving sustainable development goals. IEnvA, a comprehensive environmental management system, aims to assist airlines in achieving sustainability across all operational aspects, including carbon emissions and waste management. Royal Jordanian's participation highlights the aviation industry's determination to achieve net-zero emission targets. The airline will work to implement IEnvA standards to further reduce its environmental impact and contribute to a more sustainable future for air travel.
IATA has launched 'IATA CO2 Connect,' a carbon emission calculator that uses real airline data to accurately calculate the carbon footprint per passenger. This tool considers various factors, including aircraft type, flight distance, fuel consumption, and the use of Sustainable Aviation Fuel (SAF). It aims to enhance transparency in carbon emissions, empowering travelers to make more environmentally conscious travel choices and promoting sustainable development within the aviation industry. By providing precise data, IATA CO2 Connect supports informed decision-making and encourages the adoption of greener practices.
FedEx aims to achieve zero-emission operations for its fleet by 2040. The company is investing $2 billion in sustainability initiatives, encompassing electric vehicle fleets, energy efficiency improvements, and carbon-neutral transportation. This significant investment underscores FedEx's commitment to reducing its environmental impact and contributing to a more sustainable future through green logistics practices and a transition to electric vehicles, ultimately striving for carbon neutrality across its operations.
IATA (International Air Transport Association) is collaborating with Travalyst to provide consumers with more accurate carbon footprint calculations for air travel. By integrating operational data, establishing standardized methodologies, and considering the impact of Sustainable Aviation Fuel (SAF), they aim to enhance the transparency and precision of carbon emission estimations. This initiative empowers consumers to make more environmentally conscious travel decisions and contributes to the green transformation of the aviation industry.
Klean Kanteen, in partnership with Flexport, leveraged the platform's carbon emission data to optimize its supply chain management. This collaboration significantly reduced reporting time and successfully eliminated hundreds of tons of CO2 emissions. The case study demonstrates how businesses can achieve a win-win situation for both economic benefits and environmental impact through technological innovation and data-driven decision-making. It provides valuable experience for other companies aiming to build a sustainable supply chain.
