Carbon Tracking Tool Supports Organizational ESG Initiatives

Banyan Technology’s new CarbonTRAX & Offset feature in Banyan’s LIVE Connect software tracks the estimated carbon impact of any shipment using GLEC-compliant and Smart Freight Centre-certified calculations.

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Banyan Technology’s new CarbonTRAX & Offset feature in Banyan’s LIVE Connect software tracks the estimated carbon impact of any shipment using GLEC-compliant and Smart Freight Centre-certified calculations.

“As regulations begin to mount for the reduction of carbon emissions in transportation, the shipping industry is facing heightened scrutiny. More and more businesses are seeking solutions now to align their supply chains for what’s to come,” says Brian Smith, CEO of Banyan. “Banyan’s CarbonTRAX integration provides clients and their customers with the carbon calculations they need to manage internal programs and meet customer and governmental reporting standards.”

 

Key takeaways:

  •  CarbonTRAX also allows clients and client customers to purchase credits from a variety of vetted climate action projects worldwide to offset the carbon impact of each shipment.
  • The ability to support required carbon impact reporting and provide viable offset projects will help Banyan’s clients manage their organizational corporate sustainability goals when acquiring new business and maintaining existing customers.
  • CarbonTRAX checks all the “must-haves” for manufacturers and distributors looking to align their shipping operations with their corporate and customer environmental, social, and governance (ESG) initiatives and requirements.
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