Executive Briefings

Logistics Group of World Economic Forum Sets Guidelines for Calculating Carbon Emissions

The World Economic Forum's Logistics & Transport Industry Group, supported by Accenture, has agreed on standard guidelines for calculating consignment-level carbon emissions from logistics and shipping operations.

The Guidelines for Consignment-level Carbon Reporting will help consumers and businesses assess the carbon impact of transporting products and drive carbon efficiency in the freight and logistics sector.

"Logistics and transportation providers face growing demand from their retail and manufacturing customers to report the carbon emissions generated by the shipping and handling of products," says Jonathan Wright, senior executive in Accenture's Supply Chain Management practice. "These guidelines will help them work towards providing product-level carbon footprint information for their customers."

The guidelines include principles for defining the scope of emissions to report and how these emissions should be allocated in cases such as shared transport or backhaul.

The guidelines complement broader upcoming and existing product-level carbon reporting standards including the GHG Protocol Life Cycle and Scope 3 Standards expected to be released at the end of 2010.

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The World Economic Forum's Logistics & Transport Industry Group, supported by Accenture, has agreed on standard guidelines for calculating consignment-level carbon emissions from logistics and shipping operations.

The Guidelines for Consignment-level Carbon Reporting will help consumers and businesses assess the carbon impact of transporting products and drive carbon efficiency in the freight and logistics sector.

"Logistics and transportation providers face growing demand from their retail and manufacturing customers to report the carbon emissions generated by the shipping and handling of products," says Jonathan Wright, senior executive in Accenture's Supply Chain Management practice. "These guidelines will help them work towards providing product-level carbon footprint information for their customers."

The guidelines include principles for defining the scope of emissions to report and how these emissions should be allocated in cases such as shared transport or backhaul.

The guidelines complement broader upcoming and existing product-level carbon reporting standards including the GHG Protocol Life Cycle and Scope 3 Standards expected to be released at the end of 2010.

Read Full Article