How can carbon credits help you?
Carbon credits are seen by several organisations as a crucial element towards achieving global net zero emissions by 2050, but despite earning a billion-dollar valuation from global companies, carbon credits have long struggled to inspire confidence. Some environmental groups approach carbon markets with scepticism, claiming that they allow companies to appear as though they are leading on climate action, when in fact they are not. In fact, the Science Based Targets initiative (SBTi) does not allow achieving short-term carbon reduction targets using carbon credits and by 2050 only up to 10% is allowed to be achieved through removal credits. Recently, the European Union also banned advertising of products and services as “carbon neutral” if the neutrality was achieved using carbon credits.
In brief, carbon offsetting involves compensating for emissions by supporting external projects, while carbon capture is about capturing and managing emissions directly from your own operations. Both approaches play a role in reducing a company's overall carbon impact, but they target emissions at different stages of the carbon lifecycle.
How to reach net zero emissions
As nations around the globe ramp up action their against climate change and move their economies towards net-zero greenhouse gas (GHG) emissions, new practices, opportunities and indeed challenges are likely to arise for their respective ports and logistics operations. However, every journey will be unique, knowing what to consider and where to start will be starkly different for a freight forwarder versus a port or container terminal.
What is the Greenhouse Gas Protocol?
Information and guidance to help make sure your operations positively impact your communities.
Calculating emissions for ports
As the maritime industry moves slowly but decisively towards sustainability, ports and terminals occupy a uniquely influential position. They certainly face significant challenges, of course, how to decarbonise operations while enhancing operational efficiency and competitiveness, which is no small task. But they also have the opportunity to be a catalyst for broader change in the maritime industry, influencing shipping partners through targeted collaborations and initiatives like incentive schemes for visiting ships.
TT Talk - Keep it cool
Technological advances in digitalisation of process, telematics and smart containers provide opportunities to mitigate risk for the temperature controlled supply chain. However, much still relies on human intervention – and that is the aspect that TT’s claims experience suggests continues to produce losses.
This article looks at freight crime in its simplest form
Good housekeeping extends beyond simple cleanliness, this article discusses how good housekeeping controls, reduces or eliminates workplace hazards.
TT Talk - What can we get out of a box?
Read about how innovators seek to digitalise containers with geo-locator tools and the possible results that could be attained in reducing safety risks in the supply chain.
TT Talk - Dangerous Goods Safety Advisors
The requirement for employers engaged in the transport of dangerous goods by road, rail or inland waterway to appoint a Dangerous Goods Safety Advisor (DGSA) was introduced from 1 January 2000, through EC Directive 96/35/EC