RightShip launched a toolset for monitoring, measuring, and benchmarking shipping-related greenhouse gas (GHG) emissions.
he Carbon Accounting Reporting Tool has been included into the existing RightShip platform, in order for customers to access GHG insights, vessel vetting and inspections data in one location.
Furthermore, design emphasis has been placed on specificity and accessibility, as data can be filtered by customer requirements to ensure maximal relevance for each company, and is presented accessibly.
The user is also provided with GHG summary data visualisations and automatically generated insights, along with graphs which analyze selected vessel performances, aligning with the Sea Cargo Charter methodology.
RightShip’s Carbon Accounting Reporting Tool builds on its existing expertise in Carbon Accounting, supplied to charterers as well as freight forwarders for the last five years, by providing companies with a bespoke reporting tool that measures, monitors and benchmarks a company’s GHG emissions over defined periods
In addition, the tool aims to assist bulk commodity producers demonstrate reductions in their Scope 3 emissions. Once the calculations have been made, carbon outputs and key emissions hotspots can be identified and used to establish attainable paths to emissions reduction.
Users also benefit from vessel, cargo and route type filters, supplier comparisons and vessel performance metrics to make sustainability decisions and set intelligent ESG strategies.
Commenting on this development, Kris Fumberger, Head of Sustainability and the Environment at RightShip, comments, expressed that the energy and raw materials sectors need more data to make significant GHG reductions across their operations.
The maritime industry has a steep hill to climb to meet the IMO’s target of 50% emissions reductions by 2050. And when you consider this isn’t ambitious enough to achieve the Paris Agreement framework to limit global warming to 1.5°C, that hill looks more like a mountain
stated Kris Fumberger, adding that “if we’re really serious about climate change, we need to continue to deliver the tools that foster data reporting and transparency to the industries that need them the most and use the insights and learnings to start making improvements today.”