
SMC3 announces the launch of a new emissions calculator, available within its widely adopted activity-based costing technology, Cost Intelligence System (CIS). Designed to standardize Scope 3 emissions reporting for the LTL industry, the robust, user-friendly calculator automates carbon (CO2) data reporting and helps industry stakeholders more effectively track and achieve sustainable freight transportation goals.
This innovation represents a significant technology advancement in the calculation of CO2 emissions. “Report ready” data exports meet the transportation supply chain’s needs for indirect carbon emissions disclosures, increasingly important to a growing number of shippers. SMC3’s calculator technology enables carriers to report more accurate, shipment-specific data, instead of company aggregate emissions totals. It also readies carriers for California reporting requirements.
Key Takeaways:
- The calculator draws upon insights from the EPA SmartWay voluntary emissions reduction transport program. For 20 years, SmartWay has supported and assisted its transportation partners to eliminate 170 million metric tons of CO2, 2.8 million short tons of NOx, and 115,000 short tons of PM emissions, helping protect the environment and keep Americans healthy. SMC³appreciates the advisement offered by the EPA SmartWay team to advance the value and accuracy of emissions accounting in the LTL freight sector.