With cargo owners increasingly turning their attention to supply chain emissions, Norwegian ship operator Klaveness’ digital arm has partnered with ZeroLab to make emissions from seaborne transportation readily available to charterers by launching an emissions monitoring tool.
The emissions monitoring tool in CargoValue enables cargo owners to view total emissions by commodity, volume, and ship type. The tool, previously piloted with a major charterer in the aluminium industry, enables cargo owners to quickly assess how their seaborne supply chain emissions align within the Sea Cargo Charter trajectory – a global framework for aligning chartering activities with responsible environmental behaviour.
“We base the calculations on actual data whenever possible, but also rely on estimates when that is necessary. Our long-term view is that actual data will become the gold standard and we have built the product with that in mind”, said Martin Prokosch, VP and Head of ZeroLab.
CargoValue, Klaveness Digital’s digital twin solution for seaborne supply chains, makes disclosure of Scope 3 emissions easier and empowers cargo owners to set and monitor targets for emission reductions. “CargoValue is all about empowering the customer to turn data into insight and improved efficiency. We hope that the new emissions feature will be used beyond disclosure to also aid in identifying operational initiatives that reduce emissions,” stated Aleksander Stensby, Managing Director Klaveness Digital.
“Emission monitoring is the first step in reducing seaborne supply chain emissions, and we are excited to develop this product together with CargoValue,” added Prokosch. “Annual emissions from shipping totals close to one billion tonnes of CO2. We hope the insight provided in Emissions by CargoValue will empower cargo owners to collaborate with their shipping logistics partners to reduce carbon inefficiency in the seaborne supply chain.”