Freight Technologies, Inc., commonly referred to as Fr8Tech, is a leading innovator in the logistics and freight management industry, headquartered in the United States. Founded in 2016, the company has rapidly established itself as a key player in streamlining freight operations across major regions, including North America and beyond. Fr8Tech offers a unique suite of services that leverage advanced technology to optimise shipping processes, enhance visibility, and improve efficiency for shippers and carriers alike. Their proprietary platform stands out for its user-friendly interface and real-time tracking capabilities, setting a new standard in freight management. With a commitment to transforming the logistics landscape, Freight Technologies has achieved significant milestones, positioning itself as a trusted partner for businesses seeking to navigate the complexities of modern supply chains.
How does Freight Technologies, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Land Transportation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Freight Technologies, Inc.'s score of 14 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Freight Technologies, Inc., headquartered in the US, is actively pursuing significant climate commitments despite the absence of specific carbon emissions data. The company has set ambitious targets to reduce its greenhouse gas (GHG) emissions across both Scope 1 and Scope 2 categories. For Scope 1 emissions, Freight Technologies aims to achieve a 20% reduction from 2020 levels by 2030. Similarly, the company has established a target to reduce its Scope 2 emissions by 20% from the same baseline year by 2030. These initiatives are part of a broader strategy to enhance sustainability and reduce net emissions through the replacement of older model trucks with newer, cleaner alternatives, with efforts ongoing from 2023 to 2025. Freight Technologies is committed to advancing its climate goals and contributing to a more sustainable future within the logistics industry.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Freight Technologies, Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.