The transportation and logistics industry is being targeted for environmental improvement and sustainable financing through a new collaboration between a certification organisation focused on green logistics and a fintech company specialising in environmental, social and governance (ESG) issues.
As part of a new partnership announced this week, the green logistics certification body Green Freight Asia (GFA) Network and the ESG fintech firm Hashstacs (STACS) are together aiming to provide sustainable credibility to the freight, transportation and logistics industry in the Asia-Pacific (APAC) region.
The partnership hopes to achieve this through the consolidation and aggregation of transportation and logistics certifications, namely through STACS’s digital registry, ESGpedia.
STACS’s digital registry compiles data on sustainability metrics such as fuel consumption, carbon emissions and carbon intensity alongside analytical tools for benchmarking against industry standards and assessing carbon savings.
These features allow companies to monitor their sustainability performance and…