World Economic Forum Releases Logistics Carbon Emissions Guidelines

(Logistics Today)

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

The Consignment-Level Carbon Reporting Guidelines developed with Accenture, were created to help the industry inform consumers and businesses about the carbon impact of product transport.

A recent Accenture survey found that 90% of consumers would be willing to switch to a new product if it was certified as minimizing its impact on climate change, while another Accenture survey found that 98% of Chinese consumers would pay a premium for consumer electronics products that are marketed as environmentally friendly.

“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 their products,” says Jonathan Wright, senior executive in Accenture’s Supply Chain Management practice. “These guidelines will help them work toward providing consumers with carbon footprint information for individual products.” Read more here.