08/02/2024
Carbon credits are seen by several organisations as a crucial element towards achieving global net zero emissions by 2050, but despite earning a billion-dollar valuation from global companies, carbon credits have long struggled to inspire confidence. Some environmental groups approach carbon markets with scepticism, claiming that they allow companies to appear as though they are leading on climate action, when in fact they are not. In fact, the Science Based Targets initiative (SBTi) does not allow achieving short-term carbon reduction targets using carbon credits and by 2050 only up to 10% is allowed to be achieved through removal credits. Recently, the European Union also banned advertising of products and services as “carbon neutral” if the neutrality was achieved using carbon credits.
07/02/2024
TT Club longtime Member PD Ports are a UK ports and logistics business with 12 sites across England ranging from Hartlepool in the North to the Isle of Wight in the South, and is part of the Canadian company Brookfield Asset Management Inc. $600 billion portfolio, which extends to over 30 countries across the globe.
05/01/2024
As the maritime industry moves slowly but decisively towards sustainability, ports and terminals occupy a uniquely influential position. They certainly face significant challenges, of course, how to decarbonise operations while enhancing operational efficiency and competitiveness, which is no small task. But they also have the opportunity to be a catalyst for broader change in the maritime industry, influencing shipping partners through targeted collaborations and initiatives like incentive schemes for visiting ships.
Volunteering can be defined as spending unpaid time to do something that benefits communities, the environment and charitable causes. Employer Supported Volunteering (ESV) can be attributed to companies that actively support and encourage their employees to take part in voluntary activities within their local communities, often during working hours. This allows organisations to have an impact across the communities in which they operate, with many employers introducing volunteering programmes as part of HR policies for employees, to support community organisations and charities with their time and skills. Volunteering activities may be physical activities, in-person skills-based opportunities, or can even be undertaken virtually for many charities.
13/10/2023
Cargo securing is not only relevant to ESG because the international maritime industry incurs losses of about $6 billion each year because of incorrectly packed or documented cargo (TT Club 2021) but also because of the consequences of additional CO2 emissions generated for the reworks of damage products and subsequent additional shipments.
Freightsafe have reimagined safe and secure truck parking, with modular sites that can be delivered in just 3 months from first agreement, costing significantly less to procure than traditional parking sites and providing a more complete safety and security program for users.
The implementation of Rombit's DriveDigital Driver Coach in the logistics sector has yielded instant results, by promoting "eco-driving" in warehouses. This innovative solution not only enhances safety but also significantly reduces energy consumption, making it a win-win for logistics companies.
When speaking with Members and industry stakeholders, one clear challenge faced is around attracting young talent to the industry, training them and importantly retaining that resource. Woodland Group explains how apprenticeships can be the key to tackling this challenge.
12/10/2010
A UK Freight Forwarder, who is insured by the Club for Transport Operator liabilities, has a regular weekly groupage (consolidation) service by road between London and Florence.
Case 3 Cargo Liability - Warehouse A member's warehouse was severly damaged during a storm, when strong winds blew off part of the roof and caused the remainder to collapse. Cargo stored on the member's facility - both...
Case 3 Equipment and Cargo Liability A Member who owns and operates tank containers, is insured in the transport operator category of the Club for both cargo liabilities and equipment loss or damage. Two tank...
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