More than 1000 companies have set Science Based Targets (SBT) to reach net zero emissions by 2050. In many sectors, it has become clear that Scope 3 emissions - those from supply chain operations, including the transport of goods – can make up as much as 90% of an organizations carbon footprint. This provides the freight industry a significant demand-driven opportunity to accelerate the sector’s decarbonization efforts. Harnessing multi-stakeholder and multi-modal approaches to leapfrog key barriers (i.e.: scattered demand side commitment; shortage of ZE technologies across entire logistics networks, etc.), to achieve a zero-emission future. Green products and services are often limited to certain corridor pilots and green lanes. As a result, there are fewer options for freight buyers to reduce their transport impact, which limits market confidence in decarbonization and restricts financing for such green transition initiatives.
Recognizing this challenge, the Forum Supply...
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