Second Quarter FY25 (Q2 FY25) Investor Update
The Importance of CO₂e Tracking for New Zealand Exporters
As sustainability becomes more important to global trade, New Zealand exporters should be thinking about how they can easily account for their carbon footprint, particularly with rising expectations for transparent reporting on carbon dioxide equivalent (CO₂e) emissions. The latest addition to TradeWindow Cube – CO₂e tracking – now enables exporters to report on their emissions. This feature, introduced alongside Cube Event tracking for enhanced visibility last month, positions exporters to lead in responsible trade practices.
Why Track CO₂e?
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Compliance with Global Standards
Many New Zealand exports reach markets where strict emissions regulations, like the European Union’s Carbon Border Adjustment Mechanism, demand transparent carbon accounting. TradeWindow Cube’s CO₂e tracking aligns with globally recognised standards (GLEC, EN 16258, and ISO 14083), helping businesses meet compliance requirements and avoid penalties.
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Customer Demand for Sustainability
International consumers and companies now prioritise eco-friendly practices. By adopting CO₂e tracking, New Zealand exporters can present their carbon data transparently, aligning with buyers’ sustainability goals and building stronger relationships in competitive markets.
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Enhanced Decision-Making
Cube’s CO₂e tracking offers an in-depth look at emissions drivers across trade lanes and carriers. With this data, exporters can identify and implement strategies for reducing emissions, optimising routes, and deciding on carriers and routes for future bookings – decisions that ultimately improve environmental impact and operational efficiency.
A Centralised Solution for Emission Tracking
By activating the CO₂e feature in TradeWindow Cube, exporters can remove the hassle of manual data aggregation, allowing for real-time, accurate reporting across their global shipments. This single-platform solution saves time but importantly also increases data accuracy, and provides actionable insights without the added complexity of sourcing data from various data points manually.
For New Zealand exporters, TradeWindow Cube CO₂e tracking is more than just a compliance tracking dashboard — it’s a step forward in demonstrating a commitment to supporting exporters in their journey of digital transformation. Embracing innovation and technology positions New Zealand businesses to remain competitive in global markets.
For more information on TradeWindow Cube Events and CO₂e tracking, or to see how it would work for you, get in touch with our team here to discuss.