ITS Logistics Launches Sustainability Dashboard to Provide Accurate Scope 3 Emissions Data and Comply with Industry Regulations
'Companies are under pressure from regulations, customers, and investors to disclose their Scope 3 emissions,' said Josh Allen, Chief Commercial Officer at ITS Logistics. 'Our dashboard incorporates the Fleet Sustainability Index, which provides accurate fleet-level emissions calculations, rather than relying on industry averages or broad assumptions. Unlike competitors that estimate emissions based on equipment type, our tool provides fleet-specific, shipment-level data, making reporting far more accurate and defensible.'
The United States Environmental Protection Agency (EPA) estimates that the transportation sector alone accounts for 29% of total U.S. greenhouse gas (GHG) emissions, making it a critical focus for decarbonization. Scope 3 tracking has historically been an enormous challenge for shippers relying on outsourced transportation providers. Categorized in three distinct scopes, Scope 3 emissions consist of the indirect emissions from a company's entire value chain, which include suppliers, transportation, and product use. Overall, the lack of direct ownership over areas of the value chain makes Scope 3 emissions far more complex to measure.
'Through conversations with Fortune 1,000 companies, we learned that Scope 3 emissions tracking is one of their biggest sustainability challenges,' said Lauren Miller, Sustainability Manager at ITS Logistics. 'These companies have measurable goals to reduce emissions, but obtaining accurate, defensible data from outsourced carriers has been a black hole. Each company is experiencing challenges with data gaps, fragmented carrier networks, and regulatory uncertainty.'
Now, with complete visibility into ITS-managed shipments, companies can ensure compliance with evolving sustainability regulations and gain valuable insights to help implement effective emissions reduction strategies.
Key Features Include:
For more information about ITS Logistics' Sustainability Dashboard and comprehensive service offerings, visit https://www.its4logistics.com/services.
About ITS Logistics
ITS Logistics is one of North America's fastest-growing, asset-based modern 3PLs, providing solutions for the industry's most complicated supply chain challenges. With a people-first culture committed to excellence, the company relentlessly strives to deliver unmatched value through best-in-class service, expertise, and innovation. The ITS Logistics portfolio features North America's #18 asset-lite freight brokerage, the #12 drayage and intermodal solution, an asset-based dedicated fleet, an innovative cloud-based technology ecosystem, and a nationwide distribution and fulfillment network.
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/678e67cc-f901-436e-aaf4-f2607d5a5178
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