Carbon Compliance via Freight Intelligence

Track, report, reduce carbon emissions with Trax's solution. Achieve carbon compliance and optimize your supply chain. Unrivaled freight intelligence for sustainability.

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The Carbon Challenge: Solved by Trax

According to McKinsey, over 80% of a global company’s carbon footprint originates from its supply chain. Without visibility or access to accurate supply chain data, tracking and reporting carbon emissions is nearly impossible, posing serious risks for global operations.

Impending Requirements: Are You Ready?

In March of 2024, the SEC announced new rules requiring enhanced and standardized climate-related disclosures by public companies.

Additionally, global companies operating in the EU who meet the following criteria will be required to report emissions by 2026:

40M euro in annual revenue
20M euro balance sheet total
250 employees or more

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Trax is the ONLY freight audit provider performing 100% invoice audits across your global supply chain, collecting and normalizing the data needed to report actual carbon emissions.

If your current provider is only performing spot audits, how can you be confident in the veracity of your reporting to the EU, and soon, the SEC?

Carbon Compliance or Costs?

Due to the challenges of capturing cost and carbon data, companies often struggle to answer a fundamental question: “Is it cheaper to use electric vehicles?” The initial assumption is usually “no,” creating a dilemma between maximizing profits for investors and reducing the carbon footprint.

You don’t have to sacrifice one for the other.

By capturing logistics, spend, and carbon data, Trax enables companies to leverage normalized data for advanced analysis aimed at reducing both costs and carbon emissions.

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Advancing Supply Chains Through Compliance

Most companies focus on repeatability and consistency in carbon emissions reporting, often neglecting accuracy. This approach is unsustainable given regulatory bodies' emphasis on veracity and accuracy of data.

Trax provides a more comprehensive solution.

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Trax's Unbeatable Approach:

ISO 14803 Standard: Trax leverages this international standard to deliver detailed analysis and data for both regulatory reporting and strategic decision-making.
Integrated Data: By combining emissions data with cost and time metrics, our clients can demonstrate cost improvements through significantly reduced emissions.

Trax's Carbon Manager: Your Path to Compliance and Efficiency

Trax's Carbon Manager offers a robust platform for tracking and benchmarking actual carbon emissions across all transportation networks, modes, vehicles, and regions. It integrates seamlessly with broader Environmental, Social, and Governance (ESG) reporting.

Key Features

Carbon Emissions Analytics and Dashboards

Carbon Emissions Analytics and Dashboards: Gain insights into your emissions footprint.

Sustainability Data Normalization

Ensure data consistency and reliability.

Adherence to EU Standards

Meet stringent regulatory requirements.

Comprehensive Emissions Calculations

Obtain accurate data for informed decision-making.

Track and Report Emissions with Trax

Trax is the only provider capturing and normalizing logistics, spend, and carbon data, enabling advanced analysis to reduce both costs and carbon emissions. Let us help.

Frequently asked questions

Scope 3 emissions are all other emissions that occur in a company's value chain but are not included in scope 2 emissions (indirect emissions from the generation of purchased energy).

Calculating your company's carbon footprint involves gathering data on the greenhouse gas emissions generated across your operations and supply chain. This typically includes emissions from energy use, transportation, waste, and other activities. Trax can help gather and normalize this data for insights and reporting.

Emissions reporting requirements will vary significantly by country, region, industry, and company size. Having accurate data across your global supply chain will help prepare you for meeting regulatory requirements. Trax can help, contact us today.