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    PHOTO CREDIT-Samsung Biologics announces all-cash offer to acquire PolyPeptide

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    PHOTO CREDIT-Samsung Biologics announces all-cash offer to acquire PolyPeptide

    Samsung Biologics announces all-cash offer to acquire PolyPeptide, accelerating multi-modality strategy and expanding global network across U.S., Europe, and India.

    C.Ramkumar , the Consulate General of India in Fukuoka, Japan, met Chief Minister D.K. Shivakumar at the Vidhana Soudha on Monday and held discussions.

    Emergent Logo

    Emergent Raises Series C at $1.5 Billion Valuation, Becomes Unicorn in a Year of Launch.

    Novo Nordisk receives European Commission approval of Wegovy® pill as first oral GLP-1 for weight management in the EU; single, ready-to-use pen for higher dose 7.2 mg also approved.

    Uber Announces Acquisition Offer for Delivery Hero

    HAL to Reaffirm Strategic Vision, Global Partnerships at the Farnborough International Airshow 2026

  • National
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    Coming Soon: A New AI-Powered Health Companion on Your Wrist

    A delegation led by Uma Reddy, President of the Karnataka Chamber of Commerce and Industry, met Chief Minister D.K. Shivakumar at the Vidhana Soudha today for discussions.

    C.Ramkumar , the Consulate General of India in Fukuoka, Japan, met Chief Minister D.K. Shivakumar at the Vidhana Soudha on Monday and held discussions.

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

    CCPA initiates suo motu action against 41 restaurants for levying service charge by default; action based on consumer complaints received through National Consumer Helpline .

    Massive e-auction for distribution of 579 liquor licenses across the state Direct auction process from July 24 to 31.

  • Business
    PHOTO CREDIT-Samsung Biologics announces all-cash offer to acquire PolyPeptide

    Samsung Biologics announces all-cash offer to acquire PolyPeptide, accelerating multi-modality strategy and expanding global network across U.S., Europe, and India.

    Emergent Logo

    Emergent Raises Series C at $1.5 Billion Valuation, Becomes Unicorn in a Year of Launch.

    NABARD 45th Foundation Day Celebration Significant contribution from the government and NABARD to agriculture, women empowerment and rural development – Ritesh Kumar Singh.

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    Coming Soon: A New AI-Powered Health Companion on Your Wrist

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

    N.A. Haris, MLA and BDA Chairman, unveils the Mis Skin brand identity, showcasing its proprietary seven-step diagnostic protocol and advanced US FDA-approved technologies.

    Mis Skin, Bengaluru’s New Doctor-Led Dermatology and Aesthetics Chain, Unveiled at JW Marriott Across Five Bengaluru Locations.

    Mr. Ravindran Govindan, Chairman of Fischer Medical Ventures Limited.

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    PHOTO CREDIT-Maruti Suzuki India Limited (MSIL)

    A New Era of Supremacy and Excitement with The New Brezza: Bookings Now Open.

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  • Sports

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  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

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    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

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    Karnataka Government allows Bengaluru hotels, restaurants to stay open till 3.30 am for FIFA World Cup

    N.A. Haris, MLA and BDA Chairman, unveils the Mis Skin brand identity, showcasing its proprietary seven-step diagnostic protocol and advanced US FDA-approved technologies.

    Mis Skin, Bengaluru’s New Doctor-Led Dermatology and Aesthetics Chain, Unveiled at JW Marriott Across Five Bengaluru Locations.

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Emission tracking tool developed by TCI-IIMB Lab receives international certification, enables Indian companies to meet reporting standards globally

FWM by FWM
December 19, 2024
in Lifestyle, National, Sports, Travel
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Its underlying emission factors API has also now been integrated with Unified Logistics Interface Platform (ULIP), a Government of India initiative

 17th December 2024, Bengaluru: The TCI-IIMB Supply Chain Sustainability Lab at the Indian Institute of Management Bangalore (IIMB), founded in collaboration with Transport Corporation of India Ltd (TCI), has become the first organization in India to achieve ISO 14083 certification for its groundbreaking digital platform, the Transportation Emissions Measurement Tool (TEMT). This certification underscores the platform’s ability to accurately quantify and report greenhouse gas (GHG) emissions from freight transportation activities, helping organizations to measure, manage, and ultimately reduce their transportation-related emissions in line with regulatory requirements and sustainability goals.

In India, the transportation sector is responsible for around 14% of the country’s total GHG emissions, with freight transportation accounting for nearly 40% of CO₂ emissions within this sector. Without intervention or cleaner technologies, transportation emissions are projected to increase by 4-fold between 2016 & 2050, potentially reaching 1.17 billion tonnes of CO₂ by 2050 and would increase the share of transport in total emissions to 19%. Accurate measurement is the critical first step toward mitigating these emissions. Organizations need robust tools to measure their emissions before they can take meaningful action to reduce them. The Transportation Emissions Measurement Tool (TEMT), with its certified emissions factors across multiple transport modes, empowers organizations to quantify and report emissions accurately, setting the stage for effective emission-reduction strategies.

ISO 14083, developed by the International Organization for Standardization (ISO), provides a global standard for quantifying GHG emissions from transport operations. Applicable to road, rail, air, maritime, and inland waterway transport, it covers fuel combustion and electricity consumption. The standard outlines calculation methods, data requirements, and reporting guidelines, offering a standardized framework for tracking emissions and enabling organizations to make informed decisions on emission-reduction strategies.

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NICDC Logistics Data Services Limited (NLDSL), a subsidiary of the National Industrial Corridor Development Corporation (NICDC) under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has integrated ISO 14083 emission factors API into its flagship program, the Unified Logistics Interface Platform (ULIP). This integration enables users to seamlessly calculate emissions from freight activities, promoting transparency and sustainability in logistics operations. Shri Girish Kumar Surpur, CEO and Director, NICDC Logistics Data Services Ltd, mentioned that as NLDSL continues to innovate for a sustainable future, ULIP’s Carbon Emissions API, developed in collaboration with – TCI-IIMB Supply Chain Sustainability Lab at IIM Bangalore empowers trade and logistics players to measure the environmental impact of their transportation activities. By calculating the emissions and utilising other data sources available with ULIP — companies now can develop tools necessary for informed, actionable decisions on sustainability including modal shifts. Together, we can drive meaningful change towards a lower-carbon logistics ecosystem.

The Transportation Emissions Measurement Tool (TEMT) is a comprehensive online platform designed to measure emissions across all modes of transportation. It integrates India-specific emission factors, validated through ISO 14083 certification, ensuring data accuracy and relevance. The tool allows users to calculate emissions for both past and future shipments and compare emissions between different transport modes for a given origin-destination pair. It also offers users the flexibility to build customized transportation chains, with all past entries securely stored in the cloud for easy monthly tracking and year-over-year comparison. The platform is commodity-agnostic, meaning it applies to all types of shipments, and outputs are available in PDF and CSV formats for ease of reporting and analysis.

 

FWM

FWM

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