NYK and Yusen introduce 123Carbon’s platform to track GHG reductions from biofuel usage

In Japan, Nippon Yusen Kabushiki Kaisha (NYK) and Yusen Logistics Co., Ltd. (YL) have introduced a digital platform for managing greenhouse gas (GHG) emission reductions. The platform is provided by 123Carbon B.V. NYK and YL will use the platform to support the reduction of Scope 3 GHG-emissions by allocating to platform customers the GHG-emission reductions achieved through the use of alternative fuels in ocean, air, and land transport services and issuing certificates confirming those reductions.