The new international emission standard applies to a large part of companies. Previously, there was ambiguity about reporting emissions per shipment for the entire transport chain – now the new international guidance is finally available. It helps all transport companies and transport users, such as e-commerce companies, in reporting emissions and reducing their transportation emissions.
The logistics industry is still heavily dependent on fossil fuels and global transport needs are projected to grow significantly by 2050. By increasing the transparency and comparability of emissions data, logistics can be organized more climate-consciously.
Today at the World Economic Forum Annual Meeting in Davos, Smart Freight Centre and the World Business Council for Sustainable Development (WBCSD) released a new guidance to advance the quantification of logistics emissions and support the logistics industry on their journey to net-zero emissions.
Supported by the World Economic Forum and McKinsey & Company, in partnership with over 30 leading global organizations from retail to manufacturers and transporters, including Posti Group in Finland, this consortium is taking the next steps in achieving net-zero logistics by launching an actionable and implementable guidance.
Several different companies are usually involved in transporting a cargo or parcel shipment. Previously, there were no clear rules for reporting emissions per shipment for the entire transport chain - now this new framework is finally available. The joint calculation rules help all transport companies as well as transport users in reporting emissions and reduce emissions from transport.
This guidance builds upon and complements Smart Freight Centre’s Global Logistics Emissions Council (GLEC) Framework 2.0 – the methodology for accounting and reporting of logistics emissions which version 2.0 has provided the principles upon which the becoming ISO 14083 standard, to serve as a formally recognized global standard for calculating GHG emissions in transport chains (including logistics and freight), has been based.
“Emission data are still fragmented and incomplete, and it is essential to find the right level of accuracy, where the accounting does not impose an unreasonable burden, especially on small transport companies, but is reliable and of sufficient quality to enable transport buyers to make sustainable choices,” says Posti’s Head of Climate and Environment Anna Heino.
"It would be very important for all companies to follow this common reporting method. A large group of the world's largest trade and transport operators, such as Amazon, Nestlé, Unilever, Maersk, DHL and UPS have also been involved in the development work,” Heino continues.
You can read the press release of Smart Freight Centre and WBCSD and download the guidance here.
