MELBOURNE-based Zilch Forwarding has partnered with Dutch company 123Carbon, a multi-modal carbon insetting platform.

Zilch Forwarding was founded last year with the aim to provide sustainable freight forwarding services.

The company said it adopted the 123Carbon platform to provide its network of shippers with verified, transparent and traceable carbon insetting tokens to accelerate low-carbon transportation in the Asia Pacific region.

Carbon insets allow shippers to invest in low-carbon marine systems and claim the verified carbon reductions, regardless of their physical transport activity, making it a cost efficient and scalable solution to achieve reduction targets.

Zilch CEO Michael Blake said the company identified the need for shippers to make the ship from offsets to insets as a more robust and compliant method for transportation decarbonisation while also helping to fund the fuel transition on the horizon.

“With a global standard on carbon insetting scheduled to be released next month by Smart Freight Centre, we expect a growing demand for insetting solutions to provide real in-sector reductions in order to meet 2030 (and beyond) emissions reductions targets,” he said.

“We want to be at the forefront of this movement and partnering with 123Carbon to take our clients on the path makes ultimate sense to Zilch.”

123Carbon managing director Jeroen Van Heiningen said: “We are excited to see Zilch Forwarding adopt our white label solution and introducing carbon insets to shippers in the Asia Pacific region. Freight Forwarders play a pivotable role in connecting shippers that seek decarbonization with carriers that have the ability to decarbonise their fleet and are willing to share their impact.”