sustainable supply chains

The good, the bad, the promising sustainability developments

Experts weigh in on sustainability trends in freight in 2021.

Sustainability earned a spot on many companies’ agendas this year. FreightWaves asked experts what the biggest positive and negative environmental developments were in supply chains in 2021.

These responses have been edited for length and clarity.

The positive

“We want to highlight the increase we have seen in companies that are starting to prioritize this topic. Sustainability has been put in the spotlight by a key number of businesses, and that has encouraged wider industry stakeholders and...

https://www.freightwaves.com/news/the-good-the-bad-the-promising-sustainability-developments

DSC chat: What does sustainability mean for supply chains?

Experts chat about sustainability in domestic supply chains.

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

FIRESIDE CHAT TOPIC: Exploring what sustainability means for supply chains — Net-Zero Carbon.

DETAILS: Supply chains are in the spotlight right now for inefficiencies that were exacerbated by COVID-19 and for being a large contributor to global carbon emissions. Danny Gomez, managing director of financial and emerging markets at FreightWaves, chats with Jon Bradford to explore what sustainability means in...

https://www.freightwaves.com/news/dsc-chat-what-does-sustainability-mean-for-supply-chains

Misfits Market adds 44th and largest state: California

Misfits Market announces California expansion

Misfits Market, the grocery delivery company focused on sustainable sourcing and reducing food waste, has announced its expansion into California, where it will deliver to all ZIP codes in the nation’s most populous state. Misfits Market offers a wide range of food, including produce, meats and seafood and its newly launched dairy category, for up to 40% off grocery store prices.

The move into California comes on the heels of Misfits Market’s $225 million Series C funding, which it acquired in...

https://www.freightwaves.com/news/misfits-market-adds-44th-and-largest-state-california

TrusTrace to expand supply chain sustainability tracking with $6M Series A

Supply chain sustainability tracking company TrusTrace raised $6 million in series A funding.

As retailers and consumers demand products that are made sustainably throughout all stages in the supply chain, a transparency software platform provider TrusTrace may have the technology to provide the necessary traceable data.

The Stockholm, Sweden-based company closed a Series A funding round with $6 million in investments Thursday. The round was led by Industrifonden and Fairpoint Capital, with additional participation from previous investors BackingMinds and Fashion for Good. 

“TrusTrace...

https://www.freightwaves.com/news/trustrace-to-expand-supply-chain-sustainability-tracking-with-6m-series-a

How does global supply chain emissions tracking level playing field?

AskWaves discussed global supply chain emissions tracking with a GLEC Framework expert.

Different shipping lanes, modes and logistics sites contribute to varying amounts of greenhouse gas emissions, making it difficult to track emissions as goods travel along the entire supply chain.

As many supply chain and sustainability experts say, companies need to measure emissions before they can make significant emissions-reduction progress.

The Smart Freight Centre (SFC) noticed that there were several regional or transportation mode-based emissions frameworks, so it combined the available...

https://www.freightwaves.com/news/how-does-global-supply-chain-emissions-tracking-level-playing-field

GoFor launches carbon-negative last-mile offering: Renewable Delivery

GoFor's new renewable delivery uses EVs, smart packaging and carbon offsets to go carbon negative

The freight industry is in the midst of a paradox. Customers want more goods shipped faster than ever before, but they also want shipping methods that are sustainable and environmentally friendly. The problem is that there’s often a trade-off between those demands.

“The time in transit has a direct relationship to the environmental impact,” said Patrick Browne, director of global sustainability at UPS. “I don’t think the average consumer understands the environmental impact of having something...

https://www.freightwaves.com/news/gofor-launches-carbon-negative-last-mile-offering-renewable-delivery

How is the Science Based Targets initiative impacting the freight industry?

The Science Based Targets initiative aims to reduce emissions in major companies worldwide.

Companies are setting emission-reduction targets right and left. But the complex wording and reporting can sometimes make it difficult to discern if companies are living up to their sustainability goals.

The Science Based Targets initiative (SBTi) was launched after the 2015 Paris Agreement to “mobilize the private sector to take the lead on urgent climate action” by analyzing emission-reduction targets based on the most rigorous climate change science available.

SBTi is a partnership among CDP...

https://www.freightwaves.com/news/how-is-the-science-based-targets-initiative-impacting-the-freight-industry

Odyssey Logistics’ sustainability program targets emissions, inefficiency in supply chain

Odyssey released its Cloverleaf sustainability program for customers.

With the recent launch of its Cloverleaf program, Odyssey Logistics and Technology Corp. has joined the ranks of companies offering customers a sustainability tool to reduce emissions and costs along their supply chains.

“The program offers technical and consultative resources that both shippers and carriers can use to reduce their carbon footprints, while improving the speed, resilience and efficiency of their supply chains. Real-time analytics provide the insights required to make optimal...

https://www.freightwaves.com/news/odyssey-logistics-sustainability-program-targets-emissions-inefficiency-in-supply-chain

Why do green premiums exist?

AskWaves explores why green premiums exist and how to reduce them.

Alternative fuels, electric vehicles, low-carbon fuels and sustainable packaging sound great to many companies and consumers. 

And many sustainable solutions have no downsides, except one — the cost.

While the upfront costs of purchasing light- and medium-duty EVs have come down drastically, there are still several sustainable alternatives in freight and supply chains that are not being deployed quickly due to their hefty price tags.

Sustainable aviation fuel (SAF), for example, is currently three...

https://www.freightwaves.com/news/why-do-green-premiums-exist

Pandemic hasn’t quenched zeal for supply chain sustainability, report says

Supply chains sustainability trends continue despite the pandemic, according to a report.

Capacity constraints, increased demand for home deliveries and safety concerns during the COVID-19 pandemic led experts to believe that sustainability efforts would fall by the wayside.

But that doesn’t seem to be the case, according to the “2021 State of Supply Chain Sustainability” report released Wednesday by the MIT Center for Transportation & Logistics (MIT CTL) and the Council of Supply Chain Management Professionals (CSCMP).

More than 2,400 supply chain professionals were surveyed in late...

https://www.freightwaves.com/news/pandemic-hasnt-quenched-zeal-for-supply-chain-sustainability-report-says

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