Cargo2ZERO helps Airlines and Freight Forwarders report on their CO2 emissions

posted on 7th February 2023 by Eddie Saunders
Cargo2ZERO helps Airlines and Freight Forwarders report on their CO2 emissions

Cargo2ZERO puts carbon reporting, tracking and reduction within easy reach for freight forwarders of all sizes and airlines, ultimately contributing to a more sustainable future.

CO2 visibility emission data is available for all airline schedules, Routes and AWB tracking on CargoAi, which are calculated as per IATA RECOMMENDED PRACTICE 1678 STANDARD.

Freight Forwarders can determine the carbon emission per AWB or bulk upload AWB in order to fulfil their sustainability reporting requirements, which are presently recommended only at a national level, rather than an international level.

The data provided by CargoAi is the only solution based on actual booking/ AWB routing, aircraft code & shipment weight.

At present, sustainability reporting largely remains on a voluntary basis. In recent years, a number of voluntary reporting initiatives have thus been created over time to aid organizations and in parallel, many national reporting provisions have been developed.

Although there is significant progress, a single international regulatory framework is yet to be finalized, and companies with a global footprint will then face mandatory audited environmental, social and governance (ESG) reporting requirements. With data provided from Cargo2ZERO, such multinational companies will already have the ability to report on their Scope 3 emissions and be fully prepared for such audits. 

CargoAi cites visibility is the first step in tackling the issue of climate action. With Cargo2ZERO, freight forwarders can take the second step to Optimize emissions for each shipment with the CO2 Efficiency Score as their benchmark. The final piece of the puzzle is emission Reduction with Sustainable Aviation Fuel (SAF) purchase, also part of Cargo2ZERO.

“With 8000+ freight forwarders on the platform, a number which is growing rapidly, and each one given the Visibility over their current booking choices, they then have the agency to Optimize every single shipment by choosing a more carbon-efficient route,” said Magali Beauregard, CCO of CargoAi.

“Then, if each also goes the extra mile of Reducing carbon emissions by purchasing SAF alongside each booking – this has an exponential impact to scale rapidly to contribute to climate action at an individual level.  

“We are thrilled with the positive feedback from the air cargo industry for our sustainability solution, Cargo2ZERO. CargoTech is a strategic investor in CargoAi, and their expertise in the logistics and transportation industry has been invaluable to us, allowing us to develop various solutions rapidly such as Cargo2ZERO, and increase our customer base – for example our eBooking numbers increased +457% in 2022 compared to 2021” says Matt Petot, CEO of CargoAi.

“As an independent start-up, we are tactically aligned with CargoTech’s long-term perspective to sustainable growth and stability which is radically different from VC funded startups.”