Scope 3 emissions

Scopelitis seminar delves into lease purchase deals, M&A, ESG and more

INDIANAPOLIS — The Scopelitis Transportation Law Seminar is a three-day parade of speakers and panels discussing everything from what states’ license plates fleets should seek to slap on their trucks to the treatment of owner-operators whose trucks leave the road for maintenance. The gathering examines hundreds of legal situations fleets might face.

Here are five takeaways from the multitude of subjects the seminar covered.

The growing focus on lease purchase agreements

The ongoing task force...

https://www.freightwaves.com/news/scopelitis-seminar-delves-into-lease-purchase-deals-ma-esg-and-more

Do we really need another retail subscription service?

Target joins the subscription club

Image: FWTV

On Monday’s episode of The Stockout, Grace Sharkey and I discussed last week’s announcement that Target is launching a subscription-based fast delivery service. For an introductory price of $49 a year (rising to $99 a year starting in May), customers receive free two-day shipping and free same-day delivery on orders over $35. The company’s ability to offer such speedy deliveries is made possible by its recent investments in local sortation and...

https://www.freightwaves.com/news/do-we-really-need-another-retail-subscription-service

Professor urges standardization for shippers to track truck emissions

This fireside chat recap is from FreightWaves’ Domestic Supply Chain Summit on Wednesday. 

FIRESIDE CHAT TOPIC: The challenge for shippers to track scope 3 emissions and select carriers that pollute less.

DETAILS: Alex Scott, associate professor of supply chain management at the Haslam College of Business, University of Tennessee, joins FreightWaves to talk about the difficulties in measuring carbon emissions in the supply chain and how to get to net-zero emissions.

KEY QUOTES FROM SCOTT: 

On...

https://www.freightwaves.com/news/professor-urges-standardization-for-shippers-to-track-truck-emissions

Convoy releases scope 3 emissions reporting to support SEC-proposed rule

Digital freight platform Convoy on Monday launched a greenhouse gas Scope 3 emissions reporting solution for shippers in anticipation of future regulation from government agencies looking to make such informing mandatory.

In March 2022, the U.S. Securities and Exchange Commission (SEC) proposed a rule that would require publicly traded companies to “include certain climate-related disclosures in their registration statements and periodic reports, including information about climate-related risks...

ABS teams up with Korean shipbuilders to standardize Scope 3 emissions

Classification society American Bureau of Shipping (ABS) has launched a joint development project (JDP) involving all the leading Korean shipyards and classification group Korean Register (KR) to address a growing need in the calculation of greenhouse gas (GHG) Scope 3 emissions.

The post ABS teams...

https://www.offshore-energy.biz/abs-teams-up-with-korean-shipbuilders-to-standardize-scope-3-emissions/

Schneider Electric backs proposed SEC climate rules

A Schneider tractor trailer travels on a highway with trees and a blue sky in the background.

The Securities and Exchange Commission proposed a set of climate disclosure rules in May. In turn, the trucking industry responded with concern about the potential impacts of the regulations.

To gain other perspectives on how the climate rules could affect trucking companies and their relationships with retailers, FreightWaves interviewed Amy Haddon, vice president of global marketing and communications at Schneider Electric, and Jim Wetekamp, CEO of risk management software provider Riskonnect.

I...

https://www.freightwaves.com/news/schneider-electric-backs-proposed-sec-climate-rules

AIT Worldwide Logistics aims for net-zero emissions by 2035

Semi trucks on the road represent AIT Worldwide Logistics and its target to reach net-zero emissions by 2035.

Global freight forwarder AIT Worldwide Logistics announced on Friday a goal of reaching net-zero emissions by 2035.

The Earth Day announcement came in a sustainability report, the Itasca, Illinois-based company’s first corporate social responsibility document.

“The company had numerous environmental, social and governance programs already in place — some for more than a decade,” Ray Fennelly, chief information officer and executive sponsor of the company’s sustainability initiative, said in a rele...

https://www.freightwaves.com/news/ait-worldwide-logistics-aims-for-net-zero-emissions-by-2035

3PL sustainability strategy — Net-Zero Carbon

DHL and FreightWaves experts discuss sustainability strategies for 3PLs.

On this episode of Net-Zero Carbon, Tyler Cole, director of carbon intelligence at FreightWaves, and Jason Gillespie, senior director of continuous improvement, innovation and engineering at DHL Supply Chain, discuss DHL’s sustainability initiatives.

“When we’re talking to our customers — my customers are the shippers — they’re saying they’ve got targets. They know that road transportation is a big scope 3 thing they have to worry about,” Gillespie said.

Scope 3 emissions occur along a company’s...

https://www.freightwaves.com/news/3pl-sustainability-strategy-net-zero-carbon

Project44, Tracks team up to gauge hard-to-measure transportation emissions

Projectt44 partnered with Tracks to provide customers with supply chain emissions data.

Project44 has partnered with Tracks, a Global Logistics Emissions Council (GLEC)-approved tracking technology provider, to help customers gain clearer insights on their emissions.

Announced Thursday, the partnership aims to achieve greener supply chains for project44 customers by adding Tracks’ carbon emissions data to project44’s global supply chain visibility platform.

Many companies are trying to get an accurate picture of their supply chain emissions (scope 3), but that can be difficult...

https://www.freightwaves.com/news/project44-tracks-team-up-to-gauge-hard-to-measure-transportation-emissions

PepsiCo gets A for net-zero emissions efforts

As You Sow ranked 55 companies on net-zero emissions progress.

Environmental and social responsibility nonprofit As You Sow ranked 55 companies across 11 sectors based on their progress toward achieving net-zero greenhouse gas emissions in a report released Thursday.

Each company received a grade from A to F, with disclosures of emissions counting for 22% of the grade, emission-reduction targets counting for 33% and actual reductions in emissions 45%.

Here are some notable supply chain companies’ and retailers’ grades:

  • PepsiCo Inc. got an A.
  • Prologis Inc....

https://www.freightwaves.com/news/pepsico-gets-a-for-net-zero-emissions-efforts

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