GoodShipping and SQUAKE join forces to accelerate decarbonisation in ocean shipping
Ocean shipping accounts for 1 billion metric tons of CO₂ emissions annually, nearly 3% of global greenhouse gas emissions, making it a significant driver of climate change.
Amsterdam, Netherlands / Berlin, Germany - November 12, 2024
Today, FincoEnergies’ insetting brand, GoodShipping, and Berlin-based climate tech company SQUAKE are excited to announce a strategic partnership to transform the shipping industry.
Through this collaboration, GoodShipping and SQUAKE empower cargo owners to more effectively decarbonise their Scope 3 transportation emissions. By using GoodShipping's digital book-and-claim model, SQUAKE enables companies to engage in more sustainable ocean transportation through insetting—eliminating the need for direct access to sustainable fuels.
Decoupling the physical fuel supply from its environmental impact allows businesses to invest in sustainable fuels globally, supporting broader emissions reductions and driving climate action in the shipping sector.
“With GoodShipping, we believe everyone should have the opportunity to act on climate, regardless of their location or direct access to sustainable fuel." said Sophia Carrillo Beeck, Commercial Manager, Carbon Management, at FincoEnergies
“SQUAKE is thrilled to partner with GoodShipping to democratise access to sustainable biofuels in ocean transport. Through this collaboration, we’re encouraging companies to actively reduce their carbon footprint without the traditional physical barriers. Together, we’re driving systemic change in the transportation and logistics sectors.” said David Lourens, Head of Carbon Solutions & Procurement at SQUAKE.
With this partnership, GoodShipping and SQUAKE are redefining how the shipping industry tackles decarbonisation, making sustainable ocean freight achievable and accessible for businesses everywhere.
About GoodShipping
GoodShipping is proud to be part of FincoEnergies. GoodShipping enables companies to make an immediate climate impact by decarbonising their Scope 3 emissions. Being the world’s leading sustainable cargo initiative, GoodShipping facilitates a switch from fossil fuel to sustainable biofuel through an innovative concept called carbon insetting.
Together delivering sustainable energy solutions to propel our customers’ transition towards a better world.
About SQUAKE
SQUAKE helps companies to achieve their carbon targets. It offers an all-in-one solution for accurate carbon calculations, automated carbon reductions and/or compensations along the supply chain, CO2 reporting, and CO2 at POS. SQUAKE is third-party verified and holds an ISO 27001 certification for excellent information security management. Visit https://www.squake.earth to learn more.