AskWaves: What are scope 3 emissions?

AskWaves explains scope 3 greenhouse gas emissions.

Scope 3 emissions are indirect greenhouse gas (GHG) emissions that occur in a company’s value chain but are from activities not owned or controlled by the company, according to the Environmental Protection Agency (EPA).

Why are scope 3 emissions important?

“Indirect emissions still matter, and they have to be on someone’s books,” Lila Holzman, senior energy program manager at corporate climate accountability nonprofit As You Sow, said in an interview with FreightWaves.

Holzman said that European...

https://www.freightwaves.com/news/askwaves-what-are-scope-3-emissions

Latest corporate climate progress: Plenty of work still remains

Climate Action 100+ released climate assessment results.

With the help of several think tanks and members, Climate Action 100+ — the largest investor-led initiative on climate change — released its first net-zero company benchmark this week. 

The good news: 52% of the focus companies seek to become net-zero by 2050, if not sooner. The not-so-good: Less than half of those companies setting that ambitious goal actually cover the full scope of most material emissions. 

“We see some progress, but we also see that in certain areas across the board,...

https://s29755.pcdn.co/news/latest-corporate-climate-progress-plenty-of-work-still-remains

Shell Expands LNG Bunkering Fleet With New Charter

Shell, in their website, has announced the charter of a new LNG bunkering supply vessel, currently being constructed in Spain, as it looks to expand its LNG marine fuel business.

Expanding LNG bunker infrastructure

Tahir Faruqui, general manager of Shell Global Downstream LNG said, “Shell plans to double its existing LNG bunkering infrastructure on key international trade routes by the mid-2020s and this vessel will play an important role in that journey as we serve more customers across our...

https://mfame.guru/shell-expands-lng-bunkering-fleet-with-new-charter/

Flock Freight to offset 100% of FlockDirect carbon emissions

Flock Freight is offsetting 100% of FlockDirect carbon emissions.

Flock Freight’s business model is built on sustainability and reducing greenhouse gas (GHG) emissions in the freight industry. The company announced Tuesday that it will offset 100% of carbon emissions for FlockDirect customers for free in 2021 to achieve carbon neutrality.

“We are the only company in the world that uses technology to fundamentally change the way freight moves,” Oren Zaslansky, founder and CEO, said in an interview with FreightWaves. 

While many companies use technology to...

https://www.freightwaves.com/news/flock-freight-to-offset-100%-of-flockdirect-carbon-emissions

DP World Southampton welcomes its largest vessel ever

The HMM Oslo, the biggest vessel ever to call at DP World Southampton, arrived at the U.K. port early Friday morning.

The Oslo has a capacity of 23,820 twenty-foot equivalent units (TEUs). At 399.9 meters long, the Oslo is longer than The Shard skyscraper in London is tall. 

Last week, the Oslo’s sister ship, the HMM Algeciras, docked at DP World’s London Gateway in Essex. Both vessels are part of HMM’s order of 12 megaships. Samsung Heavy Industries built the HMM Oslo.

The HMM Oslo could tower...

https://s29755.pcdn.co/news/dp-world-southampton-welcomes-its-largest-vessel-ever

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