Carbon Accounting

An effective corporate climate change strategy requires a detailed understanding of a company’s supply chain emissions. At RightShip we believe that if you can measure your emissions output, you can manage and reduce it. Our Carbon Accounting Tool enables you to do that, particularly if you’re operating under the Sea Cargo Charter.

Our expert team can calculate your output and provide practical steps to reduce your environmental impact. We have the largest, most comprehensive database of vessel efficiency insights. Once we’ve calculated your carbon output, our team will guide you through the steps required to meet corporate social responsibility targets.

Historically, companies have focused on greenhouse gas (GHG) emissions from their own operations under scope 1 and scope 2 emissions. Increasingly, companies understand the need to account for GHG emissions along their supply chains (scope 3 emissions) to comprehensively manage GHG-related risks and opportunities.

Scope 3 emissions often represent the largest source of a company’s GHG emissions, and in some cases can account for up to 90% of the total carbon impact (Source: Carbon Trust – Making business sense of Scope 3). For example, 1500 shipments each year could equate to three million tonnes of C02. We work with many companies across the supply chain to reduce their overall emissions, allowing them to create an easy to follow path to hit their environmental, social and governance targets.
FEATURES

Carbon Accounting

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Supply chain enhancements

For many companies, the majority of their GHG emissions and cost reduction opportunities lie outside their own operations. Broaden your company’s view of the entire supply chain and reduce efficiency risks using our comprehensive insights and carbon accounting data sets.

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Benchmarking

Provides the ability to benchmark and track emissions per journey and over time, which can aid the development of a baseline of emissions and an overall carbon-emissions target. Benchmarking and tracking progress against company emissions targets is the best way to future proof your operations.

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Emissions reporting

Corporations are increasingly setting bold sustainability targets and reporting their progress to customers and shareholders. The Carbon Accounting tool can help you to track progress towards internal or industry wide emissions goals such as the Sea Cargo Charter, whilst supporting the disclosure of emissions in line with industry reporting standards such as CDP.

ADVANTAGES

Carbon Accounting Advantages

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Greater value

Carbon accounting provides tools and resources to help businesses work towards the possibility of carbon neutral shipping. This is not only good for our environment; it helps to reduce the costs and risks associated with moving cargo through improved efficiency.

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Reduced carbon footprint

Measuring your supply chain impact ensures you are well positioned to reduce your carbon footprint. Using the GHG Rating during vetting process identifies efficient vessels for your supply chain, and the Carbon Accounting tool ensures you are rewarded for your carbon reduction measures.

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Industry leadership

The market is increasingly demanding reduced supply chain emissions. Proactively measuring shipping emissions demonstrates industry leadership. Those at the forefront of emissions reductions will position themselves ahead of the competition.

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