Monday, Mar 31 2025 | Time 13:59 Hrs(IST)
Business Economy


SFC unveils India-Specific GLEC Values to streamline freight emissions tracking

New Delhi, Mar 28 (UNI) With a view to streamline freight emission tracking, global non-profit organisation Smart Freight Centre (SFC) has unveiled the India-specific Global Logistics Emeissions Council values recently to align with the world’s best practices in GHG emissions tracking.
Developed in collaboration with the TCI-IIMB Supply Chain Sustainability Lab at IIM Bangalore, this initiative aligns with global best practices in GHG emissions tracking while catering to India’s unique logistics landscape, SFC said in a release.
The GLEC Framework, recognized as the leading global methodology for freight transport emissions accounting, serves as a comprehensive guide for shippers, carriers, and logistics service providers.
Commenting on this milestone, Christoph Wolff, CEO of Smart Freight Centre, said, “By providing localized data that reflects India’s unique transport dynamics, we empower businesses to make informed decisions that contribute to a more sustainable future. This initiative is a testament to Smart Freight Centre’s commitment to enabling universal and harmonized freight emissions accounting.”
Freight transport forms the backbone of today's global economy. Forward-thinking companies are increasingly focusing on controlling greenhouse gas (GHG) emissions from their logistics supply chain—not only due to expectations from customers, governments, and investors but also because
of the tangible business benefits associated with carbon accounting and reduction.
Vijay Jaiswal, Director, SFC India, added, “This initiative bridges the gap between global frameworks and local industry needs, ensuring emissions transparency and paving the way for a greener, more accountable logistics ecosystem in India."
Until now, comparing emissions across different modes of transport was challenging due to the existence of multiple methodologies. The development of India-specific GLEC values adheres to ISO 14083 standards and integrates methodologies from key global frameworks, ensuring credibility and applicability to assist businesses in accurately measuring their logistics emissions.
Dr. Aditya Gupta, Chief Operating Officer (COO), Supply Chain Management Centre, TCI-IIMB (Supply Chain Sustainability Lab), said, "The development of accurate transportation emission
factors and a measurement tool for India has been a critical milestone in India’s transportation decarbonization journey. We're proud to have partnered with Smart Freight Centre (SFC) in this endeavor.”
The initiative is expected to drive a paradigm shift in India’s freight emissions management by encouraging companies to adopt more efficient and environmentally responsible logistics practices.
With increased accountability and reliable data, stakeholders across the supply chain are now
better equipped to reduce their carbon footprint and contribute to India’s broader sustainability commitments.
UNI SKB BM
More News
Exports to Bangladesh declines

Exports to Bangladesh declines

31 Mar 2025 | 12:37 PM

Agartala, Mar 31 (UNI) After the fall of Sheikh Hasina government in August last year, exports from Tripura to Bangladesh have substantially declined, while import volume remains unchanged, said Industries and Commerce Minister of Tripura Santana Chakma on Monday.

see more..

Govt to raise its stake in Vodafone Idea to 49 percent

30 Mar 2025 | 11:50 PM

New Delhi, Mar 30 (UNI) Having failed to pay up dues, the government has asked private telecom company Vodafone Idea (Vi) to issue shares worth Rs 36,950 crore which will result in government’s stake going up to 48.99 percent from 22.60 percent now.

see more..

Govt’s to raise its stake in Vodafone Idea to 49 percent

30 Mar 2025 | 9:31 PM

New Delhi, Mar 30 (UNI) Having failed to pay up dues, the government has asked private telecom company Vodafone Idea (Vi) to issue shares worth Rs 36,950 crore which will result in government’s stake going up to 48.99 percent from 22.60 percent now.

see more..

Shah welcomes surrender of 50 Naxalites in Bijapur

30 Mar 2025 | 7:51 PM

New Delhi, Mar 30 (UNI) Union Home Minister Amit Shah, on Sunday expressed happiness over the surrender of 50 Naxalites in Bijapur, Chhattisgarh, and welcomed them into the mainstream.

see more..
E-commerce platforms turn eye of Tripura's organic produces

E-commerce platforms turn eye of Tripura's organic produces

30 Mar 2025 | 12:26 PM

(Rptng, correcting changing date)
Agartala, Mar 30 (UNI) The leading e-commerce platform for processed food manufacturing companies like Big Basket and Mother Dairy have begun procurement of organic agricultural produce from Tripura, said Agriculture and Farmers Welfare Minister Ratan Lal Nath.

see more..