Zencargo Partners with Pledge to Drive Climate Action through the Logistics Supply Chain
London, 2 January 2022 - Zencargo, a leader in digital freight forwarding, has partnered with Pledge, an integrated carbon measurement and offsetting platform, to surface companies’ carbon footprint and give them the tools they need to take action in order to reduce it.
Freight transportation is responsible for almost 10% of the world’s greenhouse gas emissions, and according to recent research, its emissions are currently set to almost double by 2050. That’s why taking climate action right now is so important and many companies are ready to do so. Unfortunately, there are a number of barriers standing in their way - including the arduous nature of the GHG emissions calculation process, and the opaqueness of the carbon offset market. But Zencargo’s partnership with Pledge means that customers will be able to easily calculate their carbon footprint, understand their top emitters, plan their reduction activities and offset their unavoidable emissions.
Pledge is an embedded climate infrastructure platform that allows carriers and freight forwarders to integrate climate solutions – such as footprint measurement, reduction and offsetting – into their customer experience quickly and easily, in order for their customers to get an instant view of emissions and take action.
Pledge handles all the complexities of robust carbon accounting from data integration to compliance with the strictest standards and globally recognised methodologies and frameworks such as GHG, GLEC and ICAO. Through its carbon offsetting marketplace, customers have access to verified carbon projects and removal technologies. Partner selection is based on the Oxford Principles for Net Zero Aligned Carbon Offsetting with projects vetted by independent experts and registries. Its API-first approach also means it is easy to integrate, ensuring rapid time to value as well as an optimal user experience.
Zencargo has built a digital platform designed to optimise how large shipping companies and their customers manage and move cargo, enabling businesses to be more sustainable, efficient, and accurate in their logistics operations to maximise end-to-end supply chain value. Through supply chain management, Zencargo reduces carbon output by up to 15%.
“It’s more important than ever for companies to make climate-conscious supply chain decisions that will enable them to grow sustainability and satisfy stakeholder demands around emissions,” said Alex Hersham, Zencargo CEO and co-founder. “At Zencargo, we believe that we can make freight forwarding more sustainable using technology. Working with Pledge means we can support our customers in achieving more and more ambitious climate action goals.”
“At Pledge, we believe the first step for businesses to become climate aware and start their sustainability journey is understanding their climate impact,” said David de Picciotto, Pledge Co-founder and CEO. “Companies should know their carbon footprint as well as they know their balance sheet. We’re excited to help Zencargo’s customers bring footprint visibility and frictionless offsetting capabilities to accelerate the decarbonisation of supply chains.”
Zencargo is a London-based freight forwarder using software to provide a comprehensive overview of the supply chain. Its platform, powered by machine learning, digitises the end-to-end inbound supply-chain process, providing FTSE 100 companies and some of the world’s fastest growing businesses with complete visibility at each stage, from order to delivery.
Founded in 2017 by Alex Hersham (CEO), Richard Fattal (CCO), and Jan Riethmayer, Zencargo currently has offices in London, and boasts a multinational network of partners. Zencargo has to-date raised a total of £42M from investors including Digital+ Partners, HV Capital, Picus Capital, and others.
For more information visit http://www.zencargo.com
Pledge is an integrated suite of climate tools that lets businesses incorporate trusted carbon measurement, reduction and carbon removal capabilities into their customer offering quickly and easily. By giving their customers the tools they need to understand and manage their climate impact, businesses meet demand for ESG initiatives, win new business and build a talented, purpose-driven workforce. Its backers include Visionaries Club, Lowercarbon Capital and Zinal Growth.