FourKites announced the availability of a free Sustainability Dashboard to provide customers with visibility into the environmental impact of their supply chain operations. The new dashboard allows companies to identify specific areas within their supply chains that are contributing high levels of greenhouse gas emissions so that they can develop more effective sustainability strategies. The company also announced a new Sustainability Center of Excellence (SCoE) to accelerate product innovation and community collaboration around sustainability initiatives.
According to the U.S. Environmental Protection Agency, freight transportation is a major contributor to air pollution, accounting for more than 50 percent of nitrogen oxide emissions, over 30 percent of volatile organic compound emissions, and over 20 percent of particulate matter emissions. Projections indicate that growth in air emissions from freight will exceed growth in emissions from all other transportation activities - including passenger transportation - by 2025. More broadly, McKinsey estimates that 90 percent of companies’ impacts on the environment come from supply chains, and data from the Food and Agriculture Organization of the United Nations indicates supply chains cause 40 percent of all food waste in North America.
“The supply chain is a huge contributor to environmental pollution, waste and inefficiency, but companies now have an opportunity to change that,” said FourKites CEO Mathew Elenjickal. “Our new Sustainability Dashboard - fueled by real-time logistics data from the FourKites platform - is a powerful solution that will help our network achieve their sustainability objectives while simultaneously reducing operating costs and gaining additional business efficiencies.”
FourKites’ Sustainability Dashboard provides customers with insight into:
- Estimated greenhouse gas emissions from freight activity
- Modes of transportation - rail, ocean, truck - that are contributing the most and least to emissions, at an aggregate level and on a per-shipment basis
- How emission levels and patterns are changing over time
- Which lanes have the highest and lowest emissions
“FourKites’ new Sustainability Dashboard is an important new addition to our supply chain visibility toolkit,” said Dustin Braun, Senior Director, Logistics at Land O’Lakes, Inc., a longtime FourKites customer. “Implementing sustainable practices is one of Land O’Lakes’ top priorities. By leveraging the Sustainability Dashboard, we are able to assess and validate our sustainability efforts on an ongoing basis. Combined with other FourKites visibility tools such as Lane Connect and Network Visibility, we are gaining fantastic insight into our supply chain.”