G2 Ocean has launched Emission Reduction Certificates, a new service enabling customers to reduce emissions associated with their transportation services. The service allows cargo owners and transport buyers to reduce their emissions from transportation by purchasing verified emission reductions generated from the use of biofuel in G2 Ocean’s operations. The service is available to any company with emissions from transportation (Scope 3). It does not require cargo to be transported on specific low-emission G2 Ocean voyages. Addressing Scope 3 transport emissions For most companies, emissions from shipping are classified as indirect emissions (Scope 3) and sit outside their direct control.…
Emission Reduction Certificates
Verified emission reduction for your transportation services.
Purchase verified emission reductions from G2 Ocean’s use of biofuel and report them in your Scope 3 emissions.
About the service
Emission Reduction Certificates enable companies to purchase and claim verified emission (Scope 3) reductions generated through biofuel use in G2 Ocean’s operations.
How it works
- G2 Ocean uses certified biofuel on selected voyages
- Emission reductions are calculated and verified
- Certificates are issued and recorded
- You purchase certificates and use them for your emission reporting
The service is available to any company with emissions from transportation (Scope 3). It does not require cargo to be transported on specific low-emission G2 Ocean voyages.
“Reducing transport emissions requires solutions that are both practical and credible. With Emission Reduction Certificates, we enable our customers to take immediate action on their Scope 3 emissions while supporting the broader shift towards lower-emission fuels.”
Process
Verified emission reductions
Verification
A certified auditor, Bureau Veritas, independently verifies the emission reductions. Their assurance process covers verification of emission data, calculations, and double-counting.
Traceability
The certificates are linked to actual biofuel use and have a clear chain of custody; they are unique to you, avoiding double-counting.
Clear methodology
Our approach is in line with the Smart Freight Centre's framework "Voluntary Market-Based Measures Framework for Logistics Emissions Account and Reporting" which sets guidelines for the application of emission reduction systems across modes of transportation.
The emission reductions are verified by Bureau Veritas
Key benefits
Emission Reduction Certificates offer a range of benefits, including:
1.
Flexible
Decarbonise without dependency on transportation mode, routes or availability of biofuel
2.
Credible
Verified emission reductions with supporting documentation from certified auditor (Bureau Veritas)
3.
Transparent
Traceable certificates and clear reporting methodology
4.
Actionable
Enables immediate emission reduction claims
More information
Start reducing your transport emissions
Contact our team today to understand how Emission Reduction Certificates can support your climate targets and reporting.