Key takeaways from the 2024 Gartner® Market Guide for Logistics Carbon Accounting and Management Solutions
Greg Herz, Content Lead
The demand for sustainability in logistics is no longer a nice-to-have — it’s an essential element of modern business practices. As organisations shift their tactics to prioritise decarbonisation such as reducing scope 3 emissions, the need for Logistics Carbon Accounting and Management Solutions (LCAMS) has accelerated. In this blog post, we take a look at the 2024 Gartner® Market Guide for Logistics Carbon Accounting and Management Solutions, providing you with an overview of its insights and recommendations.
Read Gartner’s full "Market Guide for Logistics Carbon Accounting and Management Solutions" (link for Gartner subscribers only), to learn more about the growing LCAMS landscape.
Recommendations for businesses exploring LCAMSs
The Market Guide report states the following recommendations:
"Assess the need to invest in an LCAMS by looking at the magnitude, scope and ambition of your logistics GHG emissions program.
Acknowledge LCAMSs by analysing quantitative and qualitative benefits, where quantitative ones are better GHG data collection and lower assurance/reporting costs, and qualitative ones are enhanced sustainability decisions via timely, detailed data.
Achieve your LCAMS strategy by prioritising vendors with proven industry experience and financial stability. Ensure their capabilities align with established frameworks like the Global Logistics Emissions Council (GLEC) Framework and ISO 14083:2023, and evolving regulatory requirements in your market.”
The Future of LCAMSs
As the LCAMS market continues to grow, we believe that early adopters will be best positioned to meet their decarbonisation goals and stay ahead of the competition. Gartner’s Market Guide provides a roadmap for making informed decisions, and we encourage you to read the full guide to further understand the potential impact of these tools on your business.
Pledge identified as a Representative Vendor in LCAMSs
Pledge has been named a Representative Vendor in Logistics Carbon Accounting and Management Solutions in the 2024 Gartner Market Guide Report.
At Pledge, we’re committed to helping companies reduce their logistics emissions and achieve their sustainability goals with confidence. Sign up for the Pledge Shipper Beta program today to see how we can help you take control of your logistics carbon footprint by putting your supplier data collection and emissions reporting on autopilot.
Source: Gartner, Market Guide for Logistics Carbon Accounting and Management Solutions, By Federica Stufano, Oscar Sanchez Duran, Brock Johns, Kevin Lawrence, 9 September 2024.
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