Accounts payable

Freight forwarders can now efficiently process and take

LONDON, July 20. 2022 (GLOBE NEWSWIRE) — Vector.ai today announced a partnership with Pledge to integrate reliable carbon measurement, emission reduction and carbon removal capabilities into the Vector.ai productivity platform for freight forwarders.

Pledge’s offering leverages tens of thousands of data points to calculate emissions to the highest standards and uses independent experts and registries to rigorously review all offset projects. The partnership with Pledge will provide Vector.ai customers with the tools to understand, manage and reduce their company’s climate impact, as well as meet the demand for ESG (environmental, social and governance) initiatives.

“Freight Beneficial Owners (BCOs) are under increasing regulatory pressure to report the full carbon impact of movements within their supply chain networks,” said James Coombes, co-founder and CEO of Vector. have. “Our customers can now track emissions from shipments, both globally and for each completed leg of the journey.”

The Pledge integration enables Vector.ai freight forwarding customers to help BCOs make more efficient carbon decisions at the booking stage while reporting the full carbon footprint at the shipment level, which allows you to assign impact to specific SKUs.

“Through this partnership, our clients can win more business by providing unparalleled operational transparency and flexibility around their clients’ carbon footprint,” Coombes continued.

“Pledge and Vector.ai have a common goal on sustainability, as well as optimizing and supporting the transportation and logistics industry,” said David de Picciotto, co-founder and CEO of Pledge. “Traditional carbon measurement and offset solutions are expensive, difficult to implement and often only available to a select group of large companies. We launched Pledge to enable any company to launch high-quality, verified climate products as quickly and easily as possible.

Pledge is now integrated with Vector.ai’s technology user interface, providing freight forwarders with automated workflows that can understand, sort and act on incoming emissions and shipping data, allowing operators to save countless hours researching information, manually entering systems, and liaising with downstream systems. The platform’s continuous, real-time processing will allow carriers to better track sustainability data and advise them on more carbon-conscious and prudent decisions in the future.

About Vector.ai
Vector.ai is an automated operating system for freight forwarders and has recently been featured as one of the leading ‘facilitator’ for freight forwarding by Menlo Ventures. From reservations to accounts payable, the solution aims to fully automate workflows throughout the shipping lifecycle. Trusted by some of the largest multinational freight forwarders in the world, the Vector.ai platform handles more than 1.3 million transactions per month and is deployed to thousands of users in more than 20 countries in Europe, Asia, India. ‘Australasia and the United States.

About Commitment
Pledge is an integrated suite of climate tools that enables companies to quickly and easily integrate reliable carbon measurement, reduction and removal capabilities into their customer offering. By giving their clients the tools they need to understand and manage their climate impact, companies are meeting the demand for ESG initiatives, winning new business and building a talented and motivated workforce. Its backers include Visionaries Club, Lowercarbon Capital and Zinal Growth.

Media Contact:

Tyler Thorton

Prospect coverage

[email protected]