Raft

Raft is the intelligent logistics platform empowering freight forwarders and customs brokers to automate shipment execution across the entire lifecycle in order to drive efficiency, collaborate effectively and deliver more value to their shipper end-customers.

Visit the website raft.ai

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Lionel van der Walt, Chief Growth Officer, Raft, speaking on the ‘Creating a Sustainable Multimodal Future’ panel at Multimodal 2023.

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DIGITALIZATION IMPERATIVE TO ACCURATE, TIMELY, AND COMPLIANT SUSTAINABILITY REPORTING SAYS RAFT CGO LIONEL VAN DER WALT


Van der Walt urges forwarders to utilize digital solutions to prepare for new sustainability reporting regulations as global momentum towards unprecedented levels of disclosure mounts

Birmingham, UK, Tuesday 13th June 2023: Forwarders should take advantage of digital solutions as a matter of urgency ahead of new sustainability reporting regulations coming into effect across the US and EU, urges Lionel van der Walt, Chief Growth Officer, Raft.

He told attendees at Multimodal 2023 that, as we draw closer to regulations being finalized, forwarders must prioritize finding an emissions reporting method to provide accurate and compliant data as required by the new laws.

“The US climate regulations set to be published imminently, alongside those already in place in the EU, are predicted to have a major impact on the logistics industry, yet most forwarders are either unaware, don’t understand, or are purposely ignoring these regulatory changes until they must comply,” said van der Walt.

“Time is running out for companies to adjust to the new era of reporting, and collecting, managing, calculating, and reporting the required Environmental, Social, and Governance (ESG) data, including Green House Gases, can overwhelm most forwarders who lack the knowledge or resources to do so quickly and accurately,” he continued.

In the coming weeks, the U.S. Securities and Exchange Commission (SEC) is expected to introduce its final corporate climate disclosure rules, which will require listed companies (US 10-K filers and foreign private issuers who submit 20-F forms to the SEC) to report a wide scope of information related to their emissions, including Scope 3 data.

Van der Walt stressed that boards and executive teams need to pay close attention, as digital platforms will become imperative to ensuring the required comparability, consistency, and enhanced quality in ESG reporting across the industry.

“Raft has developed a digital solution which gives freight forwarders full control and end-to-end visibility over their emissions data collection, validation, tracking, and reporting, empowering them to provide accurate and timely data in the correct format,” said van der Walt.

Raft’s comprehensive solution is tailored to its clients’ specific needs, from an integrated basic emissions calculator tool to a fully automated dataflow integration across multiple technologies such as Transport Management Systems (TMS), visibility service providers and calculation service providers.

“Sustainability reporting is not just a matter of compliance but it’s also a competitive advantage for freight forwarders,” continued van der Walt.

“Using a digital solution to provide accurate and transparent data for forwarders will allow them to provide better customer service, both by supporting their customers to meet regulatory requirements and to demonstrate to potential customers, employees, and investors that they are responsible partners, and how they are acting upon sustainability targets.”

Van der Walt was speaking on the ‘Creating a Sustainable Multimodal Future’ panel at the Multimodal 2023 event, alongside representatives from Peel Ports Group, Shape Tomorrow, CCL Logistics & Technology, and Hyundai Merchant Marine (HMM).

About Raft

Raft is the intelligent logistics platform that’s rewriting the technology playbook for freight forwarders and customs brokers in the automation era.
We empower our customers to drive efficiency, collaborate effectively, and deliver more value to their shipper end-customers by automating shipment execution across the entire lifecycle—from operations, finance, customs, and sales to visibility and emissions reporting.

Raft embeds AI into workflows and standardizes diverse data inputs—whether email content, EDI, or API—in order to drive lower-touch shipment execution. This frees up teams to focus on higher value work while reducing costs and driving profitability.

Founded in 2017, Raft serves 60 freight forwarders in 30+ countries globally, including 40% of the A&A’s Top 25 Global Freight Forwarders List.

Our platform is used to execute over 300k shipments per month, saving customers up to 2 hours on every shipment.

Find out more: raft.ai


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    Lionel van der Walt, Chief Growth Officer, Raft, speaking on the ‘Creating a Sustainable Multimodal Future’ panel at Multimodal 2023.
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    Picture caption: (Left to right) Peter Livey, Managing Director (GB), Global Sustainability Ambassador, HMM; Stephen Carr, Group Commercial Director, Peel Ports Group; Kelly Hobson, Founder and Senior Consultant, Shape Tomorrow; Lionel van der Walt, Chief Growth Officer, Raft; John Murray, Head of Sustainability, CCL Logistics & Technology; Alan Robertson, Maritime Consultant for IESG.
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DIGITALIZATION IMPERATIVE TO ACCURATE, TIMELY, AND COMPLIANT SUSTAINABILITY REPORTING SAYS RAFT CGO LIONEL VAN DER WALT

Van der Walt urges forwarders to utilize digital solutions to prepare for new sustainability reporting regulations as global momentum towards unprecedented levels of disclosure mounts

Birmingham, UK, Tuesday 13th June 2023: Forwarders should take advantage of digital solutions as a matter of urgency ahead of new sustainability reporting regulations coming into effect across the US and EU, urges Lionel van der Walt, Chief Growth Officer, Raft.

He told attendees at Multimodal 2023 that, as we draw closer to regulations being finalized, forwarders must prioritize finding an emissions reporting method to provide accurate and compliant data as required by the new laws.

“The US climate regulations set to be published imminently, alongside those already in place in the EU, are predicted to have a major impact on the logistics industry, yet most forwarders are either unaware, don’t understand, or are purposely ignoring these regulatory changes until they must comply,” said van der Walt.

“Time is running out for companies to adjust to the new era of reporting, and collecting, managing, calculating, and reporting the required Environmental, Social, and Governance (ESG) data, including Green House Gases, can overwhelm most forwarders who lack the knowledge or resources to do so quickly and accurately,” he continued.

In the coming weeks, the U.S. Securities and Exchange Commission (SEC) is expected to introduce its final corporate climate disclosure rules, which will require listed companies (US 10-K filers and foreign private issuers who submit 20-F forms to the SEC) to report a wide scope of information related to their emissions, including Scope 3 data.

Van der Walt stressed that boards and executive teams need to pay close attention, as digital platforms will become imperative to ensuring the required comparability, consistency, and enhanced quality in ESG reporting across the industry.

“Raft has developed a digital solution which gives freight forwarders full control and end-to-end visibility over their emissions data collection, validation, tracking, and reporting, empowering them to provide accurate and timely data in the correct format,” said van der Walt.

Raft’s comprehensive solution is tailored to its clients’ specific needs, from an integrated basic emissions calculator tool to a fully automated dataflow integration across multiple technologies such as Transport Management Systems (TMS), visibility service providers and calculation service providers.

“Sustainability reporting is not just a matter of compliance but it’s also a competitive advantage for freight forwarders,” continued van der Walt.

“Using a digital solution to provide accurate and transparent data for forwarders will allow them to provide better customer service, both by supporting their customers to meet regulatory requirements and to demonstrate to potential customers, employees, and investors that they are responsible partners, and how they are acting upon sustainability targets.”

Van der Walt was speaking on the ‘Creating a Sustainable Multimodal Future’ panel at the Multimodal 2023 event, alongside representatives from Peel Ports Group, Shape Tomorrow, CCL Logistics & Technology, and Hyundai Merchant Marine (HMM).

About Raft

Raft is the intelligent logistics platform that’s rewriting the technology playbook for freight forwarders and customs brokers in the automation era.
We empower our customers to drive efficiency, collaborate effectively, and deliver more value to their shipper end-customers by automating shipment execution across the entire lifecycle—from operations, finance, customs, and sales to visibility and emissions reporting.

Raft embeds AI into workflows and standardizes diverse data inputs—whether email content, EDI, or API—in order to drive lower-touch shipment execution. This frees up teams to focus on higher value work while reducing costs and driving profitability.

Founded in 2017, Raft serves 60 freight forwarders in 30+ countries globally, including 40% of the A&A’s Top 25 Global Freight Forwarders List.

Our platform is used to execute over 300k shipments per month, saving customers up to 2 hours on every shipment.

Find out more: raft.ai