Thursday, June 20, 2024
SkyCell launches free CO₂ calculator

SkyCell launches free CO₂ calculator

SkyCell, the purpose-led technology company transforming the pharmaceutical supply chain has launched a free carbon calculator, SkyMind DECARBONIZE™. The tool empowers companies to calculate and track their CO₂ footprint and identify key areas for emissions reduction. Based on a study by MIT University’s Center for Transportation and Logistics, SkyMind DECARBONIZE sets a new standard for accurate emission monitoring. Alongside this, SkyCell will also be launching a paid service helping pharma companies and their suppliers to achieve their scope 3 reduction targets through education and consultancy services. This will be enabled through SkyCell’s proprietary AI-powered learning system SkyMind,  delivering insights and best practice from SkyCell’s 10-year journey to continuously reduce scope 1, scope 2 and scope 3 emissions.

With the implementation of the EU’s Corporate Sustainability Reporting Directive (CSRD) this year, large and small companies, including pharma will need to report on Scope 3 emissions (indirect emissions) and show plans for reduction. Any company with a presence in the EU will need to comply with the directive and non-compliance could see companies face legal penalties.

SkyCell’s freemium CO₂ calculator simplifies the reporting process, allowing companies to easily track emissions and optimize shipping routes to minimize their environmental impact. It enables companies to calculate CO₂ footprints across all Greenhouse Gas Protocol Scopes and quantifies the reduction potential across fleet, buildings, packaging and investments.

Recognising the varied needs of supply chain companies, SkyCell will offer a two-tiered service. The freemium model caters to smaller companies, while the paid service provides ongoing support to larger companies — to empower teams to implement CO₂ reduction measures on their journey to net zero emissions. As part of the SkyMind platform, it can simulate the cost, risk and CO₂ footprint of lanes, on all modes of transport – trucking, ocean, airfreight showcasing and tracking improvements.

SkyCell recently launched SkyMind to enhance operational control and save costs by streamlining processes, maximizing efficiency, and minimizing unnecessary expenses associated with handling and storing Unit Load Devices (ULDs), as well as reducing CO₂ emissions.

Richard Ettl, co-founder and CEO of SkyCell, said: “Nico Ros and I cofounded SkyCell with people, planet and profits in mind. SkyCell is fortunate to have Nico, one of Switzerland’s sustainability pioneers as our CTO. Nico designed some of the most sustainable buildings, insulation materials and software to reduce CO2 emissions. With this more than 10 years head start we started to apply this to pharma logistics. The result: SkyCell containers, SkyMind software and now SkyMind DECARBONIZE, our free software to help pharma and logistic companies calculate and simulate their supply chains to make better decisions.”

Nico Ros, co-founder and CTO of SkyCell: “Companies are now moving from sustainable as a nice to have to it being a must-have. I saw this in the construction industry 10 years ago where making the right decisions to improve sustainability was extremely complex. That’s why we have created software that everyone can use, based on the latest calculation methods from MIT. It helps companies fulfil upcoming regulatory requirements like reporting and serves as a tool to make the right decisions, so that CO2 is not calculated at the end of the year, but is calculated on a daily basis to make decisions for cost, risk and CO2.”

SkyCell’s commitment to sustainability is further highlighted in its latest sustainability report, which details ongoing efforts and results across its value chain. The company achieved the EcoVadis Platinum medal and is on track to achieve net zero by 2040 across its entire supply chain.

Picture of Edward Hardy

Edward Hardy

Having become a journalist after university, Edward Hardy has been a reporter and editor at some of the world's leading publications and news sites. In 2022, he became Air Cargo Week's Editor. Got news to share? Contact me on Edward.Hardy@AirCargoWeek.com

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