Potential offtaker

Flexport

www.flexport.com

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Which other companies from United States of America are actively involved in decarbonization initiatives?
  • Foster's Wine Estates America Co
  • Sylvamo Corporation
  • Lagunitas Brewing Company
  • Agree Realty Corporation
  • Alltech, Inc.
  • SanMar Corporation
  • Flexport is a technology-driven freight forwarding and customs brokerage company based in San Francisco, California. Founded in 2013, the company has quickly become a leader in the logistics services sector, providing end-to-end solutions for businesses looking to move goods across borders. Flexport's mission is to make global trade easy for everyone, and the company is committed to using technology to streamline the supply chain and reduce the environmental impact of shipping.

    One of Flexport's key priorities is decarbonisation. As a company that moves goods around the world, Flexport recognises the significant impact that shipping has on the environment. According to the International Maritime Organisation, shipping accounts for around 2.2% of global greenhouse gas emissions. To address this issue, Flexport has set a goal to become carbon neutral by 2025. The company is working to achieve this goal by reducing its own emissions through operational improvements and by partnering with customers to help them reduce their carbon footprint.

    One way that Flexport is reducing its own emissions is through its corporate energy strategy. The company is committed to using renewable energy wherever possible, and has implemented a number of initiatives to increase its use of clean energy. For example, Flexport has installed solar panels on the roof of its San Francisco headquarters, which generate enough electricity to power the entire building. The company has also signed a corporate power purchase agreement (PPA) with a wind farm in Texas, which provides Flexport with a reliable source of renewable energy.

    In addition to its own energy use, Flexport is also working with customers to help them reduce their carbon footprint. One way that the company is doing this is through its corporate PPA program. Under this program, Flexport helps customers to purchase renewable energy directly from wind and solar farms. By leveraging its purchasing power and expertise in renewable energy, Flexport is able to negotiate favourable terms for its customers, making it easier and more cost-effective for them to transition to clean energy.

    Flexport's commitment to decarbonisation is not just about reducing emissions – it's also about creating a more sustainable future for everyone. The company is actively involved in industry initiatives and partnerships aimed at driving innovation and promoting sustainability in the logistics sector. For example, Flexport is a member of the Clean Cargo Working Group, which is working to develop standardised methods for measuring and reporting emissions from shipping. The company is also a signatory to the Science Based Targets initiative, which helps companies to set emissions reduction targets in line with the goals of the Paris Agreement.

    In conclusion, Flexport is a leading logistics services company that is committed to decarbonisation and sustainability. The company is using technology and innovation to streamline the supply chain and reduce the environmental impact of shipping. Through its corporate energy strategy, corporate PPA program, and involvement in industry initiatives, Flexport is helping to create a more sustainable future for everyone. As the world becomes increasingly aware of the urgent need to address climate change, companies like Flexport are leading the way in demonstrating that it is possible to do business in a way that is both profitable and sustainable.

    ✓ Science Based Targets member