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Signatories of the Sea Cargo Charter, a global framework for responsible shipping, must assess and disclose the climate alignment of their shipping activities. In order to do so, they face a number of operational challenges, including accessing, centralizing and validating disparate data from a variety of sources.
S&P Global’s Sea Cargo Charter Managed Reporting Service supports signatories by automating the collection, validation and estimation of all required data, and by providing an independently calculated vessel category and overall climate alignment report ready for annual disclosure.
The reporting service is built upon S&P Global’s extensive maritime and trade data expertise, and the data quality, integration and workflow automation capabilities of its Enterprise Data Management (EDM) platform, which is used by more than 250 companies in multiple industries, including financial services and oil and gas.
The reporting service draws on S&P Global’s 300+ years of maritime industry experience, including our role as managers of the International Maritime Organization (IMO) number schemes.
The reporting service has been used by clients in different industries for 15+ years to solve complex data challenges. Data can be easily imported into the platform for visualization, matching, validation and master data management (MDM) across a vast variety of data types.
Web dashboards give users full transparency across the collection, validation and reporting lifecycle.
The reporting service ensures the credibility of disclosures to the Sea Cargo Charter by independently calculating vessel category and producing the overall climate alignment report.
In addition to streamlining compliance with the Sea Cargo Charter, the data collected by the reporting service can be used to optimize and increase the sustainability of shipping operations.
The reporting service is hosted in the cloud via Amazon Web Services (AWS). This maximizes flexibility and scalability, and ensures a short time to market.
Collected measured data is validated against our proprietary datasets, including AIS, ports and berths, and ship particulars.
Our proprietary data can be used to provide estimations for missing ballast leg data as prescribed in the Sea Cargo Charter.
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