There is a secret formula for companies to reduce emissions from their supply...

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Imagine this: two teddy bears are heading to Valencia from Shanghai. They have been manufactured in the same factory with the same materials and by the same workers, but they are loaded on different ships at the port because they end up in different toy stores. Although they are the same, when these hypothetical bears arrive in Valencia they will have different carbon footprints. That's because they will travel on different ship models and probably at different speeds, perhaps even using different fuel. Whether due to demands from European regulators or promises made to shareholders and customers, large companies that make everything from aluminum foil to zippers have promised some kind of emissions reduction target. Toy giant Hasbro, for example, has committed to reaching net zero emissions by 2050, with a 40% reduction by 2030.

They all start with their own emissions, from the buildings they own and the energy they buy. Over time, they will have to delve deeper into their supply chains—where 90% of most companies' emissions come from—and transportation is a key element. A growing America Cell Phone Number List number of experts say the key to reducing emissions in the supply chain is to take a closer look at what happens at sea, on railways and on roads. When companies look closer, they often discover that they produce fewer emissions than they think, and it becomes even easier to identify places to reduce them. Security of supply begins to outweigh cost: "Companies are paying for the price-based strategy" A man works in a warehouse. On water and on the road.

Actual emissions figures are better Most companies trying to reduce their emissions choose the path of least resistance, Pierre Garreau, founder and CEO of climate technology company Searoutes, told Business Insider. They look at the point of origin and destination of your cargo and use widely available multipliers to calculate emissions. Then they buy emission rights to compensate . "There are a lot of people who just want to check the box," explains Garreau. "They want to do a CO₂ report, and then they want to go buy carbon reduction credits to feel better about themselves." Searoutes is one of the startups that are trying to convince companies that they are worth paying more attention to. Sometimes Garreau and his team precisely analyze the speed of an ocean liner.