How can carbon credits help you?
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.
This is the first in a series of ‘Risk Bytes’ which TT is providing to its membership and those in the global supply chain.
In a global supply chain it is not possible to retain control over every aspect of the transaction. Hence, it becomes important to carry out due diligence to ensure those to whom you entrust certain elements do so appropriately.
Cargo integrity
21/05/2024
Cargo integrity is the adoption of best practice in all aspects of cargo care, through the intermodal supply chain
The process of storage, transport, distribution and marketing of stolen goods often shadow those of legitimate supply chains with criminals acquiring sophisticated logistics skills.
Leading insurance provider to the international freight and logistics sector, TT Club has announced a significant change to its New Jersey office leadership
TT brief: fraud - business email compromise
18/05/2021
Short, "TT brief" looks at how to protect your business from fraud, specifically business email compromise
Combating fraudulent cargo theft tactics
14/04/2021
Listen to TT's latest podcast to learn about how criminals commit fraud in the global supply chain
An important case clarifying that acts or defaults in exercising due diligence may give rise to 'unseaworthiness' and the consequences of falling on the wrong side of the boundary, including in relation to general average
Incorporation of Incoterms into a sale contract will not bind any third party, or govern any other contract. It remains for the seller or buyer to ensure that the agreed Incoterm correctly reflects the reality for finance, carriage and insurance. Start with the end in mind!
TT Talk - Weight: health check
10/05/2016
When the requirement for verified gross mass (VGM) was adopted by the International Maritime Organization (IMO) in November 2014, preparations should have started through the containerised supply chain to reach compliance. Now less than two months to enforcement, what final steps need to be in place?