Dec 09, 2023
Cargo2ZERO Helps Airlines and Freight Forwarders Report on their CO2 Emissions
Cargo2ZERO puts carbon reporting, tracking and reduction within easy reach for
Cargo2ZERO puts carbon reporting, tracking and reduction within easy reach for freight forwarders of all sizes and airlines, ultimately contributing to a more sustainable future.
CO2 visibility emission data is available for all airline schedules, Routes and AWB tracking on CargoAi, which are calculated as per IATA RECOMMENDED PRACTICE 1678 STANDARD. Freight Forwarders can determine the carbon emission per AWB or bulk upload AWB in order to fulfil their sustainability reporting requirements, which are presently recommended only at a national level, rather than an international level. The data provided by CargoAi is the only solution based on actual booking/ AWB routing, aircraft code & shipment weight.
At present, sustainability reporting largely remains on a voluntary basis. In recent years, a number of voluntary reporting initiatives have thus been created over time to aid organizations and in parallel, many national reporting provisions have been developed. Although there is significant progress, a single international regulatory framework is yet to be finalized, and companies with a global footprint will then face mandatory audited environmental, social and governance (ESG) reporting requirements. With data provided from Cargo2ZERO, such multinational companies will already have the ability to report on their Scope 3 emissions and be fully prepared for such audits.
CargoAi cites visibility is the first step in tackling the issue of climate action. With Cargo2ZERO, freight forwarders can take the second step to Optimize emissions for each shipment with the CO2 Efficiency Score as their benchmark. The final piece of the puzzle is emission Reduction with Sustainable Aviation Fuel (SAF) purchase, also part of Cargo2ZERO..
Cargo2ZERO won an award for its Carbon Efficiency Score at the TIACA conference in Miami in 2022 in the start-up category. At the same conference, CargoAi announced its landmark partnership to allow freight forwarders of all sizes to purchase SAF with Neste, the leading producer of SAF. Through this partnership, small to medium-sized freight forwarders are now able to purchase SAF at a transactional level, which was previously only accessible to large freight forwarders who had significant resources to make direct contracts with airlines.
CargoAi attributes its success in winning not just the Sustainability Award in 2022, but also the Air Cargo News Innovation Award, thanks to its partnership with CargoTech, allowing for continued growth and innovation.
Freight forwarders can already go ahead to utilize the functions of Cargo2ZERO in their standard booking flow on CargoMART or provide list of AWBs to CargoAi's team, and airlines can enquire with CargoAi about white-labelling this solution to meet their own sustainable targets.
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