Carbon Dioxide Neutralization Across the Global Supply Chain

Abstract

The increased impacts of climatic change and global warming has led many organizations to adopt green initiatives in several areas of their business processes. Many multinational companies are moving towards reduction of carbon emission across its various operations. Carbon neutrality is the process where steps are taken to achieve net zero carbon dioxide emissions. This article proposes measures to achieve carbon neutrality across the supply chain globally. As part of its sustainability initiative, organizations have decided to reduce carbon consumption across their plants. This calls for estimation of carbon dioxide emissions and reducing the carbon footprint in the entire supply chain process. It also involves gauging greenhouse CO2 emissions during the transportation process for all TMC regions and transportation models used by various companies. The main calculations include total CO2 emissions, CO2 emissions per ton of goods transported, CO2 emissions per transport Km. These calculations are done based on factors such as full truck load, less truck load, sea mode of transportation, and air mode of transportation. An analysis is performed on the resulting calculation figures for different modes of transportation such as road, air, and sea. The analysis shows that there is an increase in overall CO2 for air mode of transportation. The least increase in overall Co2 is sea mode of transportation. Through this analysis, it helps the company to take better decisions regarding the mode of transportation that they need to adopt to achieve carbon neutrality.