CargoAi launches CO2 Efficiency Score
29 / 09 / 2022
CargoAi has launched its CO2 Efficiency Score in response to growing market need for greater visibility on CO2 emissions.
Within its real-time Cargo2ZERO suite of solutions the new shipment emissions calculator enables freight forwarders to make informed green choices when booking online as well as engage in data driven conversation with their own customers.
Said Magali Beauregard, chief commercial officer of CargoAi: “Only if targets can be measured, can they be achieved. Our Cargo2ZERO suite of solutions is the result of a number of customer discussions over the past few years, which have confirmed the increasing importance of sustainability in business decisions. It is a prime example of Tech for Good.”
Specific shippers are requesting full transparency on CO2 emissions per AWB, and many forwarders have set Scope 3 SBTI reduction targets which they are required to report on. Therefore, in addition to the new Cargo2ZERO report, CargoAi has also developed a CO2 Efficiency Score based on the IATA CO2 emissions standard.
These tools will provide the basis for constructive discussion and will help the air cargo industry to bridge the gap between an intention for climate action and actual climate action.
Sustainable change begins with informed decisions.
As well as being able to filter the cheapest or fastest connections on the platform, CargoAi users can now sort capacity offers according to the greenest options.
Alongside schedules and rates, forwarders can therefore also evaluate the shipment’s potential CO2 emissions. The sum of a forwarder’s decisions is visible in the Cargo2ZERO report which shows every booked AWB and its respective CO2 emissions.
The system evaluates the overall CO2 emissions, calculates the forwarder’s Efficiency Score, and shows this in comparison to all other forwarders using the platform
With this industry-first visibility, CargoAi hopes to encourage forwarders in making the best available procurement decisions and consciously avoiding emissions.
The Cargo2ZERO report can be accessed by forwarders on their dashboard within the CargoAi ecosystem or can be downloaded as a XLS/CSV file and retrievable at any given moment, as it is updated with every with every new shipment booked.
It will initially provide a history stretching back over four months – a time-frame that will be extended as the report matures. The report can also be populated with an imported list of AWB numbers, for complete visibility.
Said CEO Matt Petot: “Sustainability is at the core of all our developments and customer interactions. CargoAi will use the Cargo2ZERO data to steer and encourage forwarders to choose the greenest options for their shipments, and to enter into pragmatic discussions with their own clients about what is needed to reach 100% net zero efficiency.”
This Cargo2ZERO report is another milestone step in CargoAi’s decarbonization journey, which will soon be unveiling further sustainability innovations.