Isramart : WEF agrees new carbon emission guidelines

Isramart news:
The World Economic Forum's Logistics & Transport Industry Group, supported by Accenture, has agreed standard guidelines for calculating consignment-level carbon emissions from logistics and shipping operations.

The Consignment-Level Carbon Reporting Guidelines will help consumers and businesses assess the carbon impact of transporting products and drive carbon efficiency in the freight and logistics sector.

As part of the Supply Chain Decarbonization Initiative, the guidelines were endorsed by the Governors of the World Economic Forum's Logistics & Transport Industry Group at the Annual Meeting in Davos.

Dr Frank Appel, Chief Executive Officer of Deutsche Post - DHL, described the guidelines as "a practical step forward for our industry in working with customers to move towards low carbon supply chains."

"Logistics and transportation providers face growing demand from their retail and manufacturing customers to report the carbon emissions generated by the shipping and handling of products," said Jonathan Wright, senior executive in Accenture's Supply Chain Management practice. "These guidelines will help them work towards providing product-level carbon footprint information for their customers."

The guidelines include principles for defining the scope of emissions to report and how these emissions should be allocated in cases such as shared transport or backhaul.

"By providing accuracy and consistency in carbon reporting, these guidelines help companies to compete meaningfully on environmental efficiency" commented Sean Doherty, Head of Logistics & Transport Industry at the World Economic Forum.