Chennai: Setting a global benchmark in sustainable logistics, Maruti Suzuki India Limited (“Maruti Suzuki”) announced that its Gujarat in-plant railway siding has been registered as the World’s First Modal Shift Transportation Project under the Verified Carbon Standard (“VCS”) program of Verra.
The project is expected to achieve approximately 1.7 Lakh carbon credits over a 10-year crediting period from FY 2023-24 to FY 2032-33, by shifting vehicle dispatches from road to rail, an efficient and sustainable mode of vehicle transport.
The emission reduction has been quantified under the AM0090 methodology prescribed under Clean Development Mechanism (CDM) of the United Nations Framework Convention on Climate Change (UNFCC). Following independent verification of carbon emission saving, Verra will issue 1.7 Lakh carbon credits to Maruti Suzuki under its VCS program.
Speaking on the sustainability milestone, Mr. Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited said “This is a proud moment for Maruti Suzuki as our Gujarat in-plant railway siding is recognized as the world’s first Verra-registered Modal Shift in Transportation project. By transitioning vehicle movement from road to rail, the project demonstrates how scale, operational efficiency and environmental responsibility can seamlessly go hand in hand.
Leveraging the inherent efficiency of rail transport, the Gujarat in-plant railway siding has significantly reduced the carbon footprint of our logistics operations, while also easing road congestion and lowering overall fossil fuel consumption. We are honoured by the recognition from Verra. This milestone marks a significant step forward in our sustainability journey and reinforces our commitment to setting industry benchmarks that align with India’s strong steps towards net zero emissions.”
The project contributes to United Nations Sustainable Development Goals (SDGs), focused on Good Health and Well-being (SDG 3), Decent Work and Economic Growth (SDG 8), and Climate Action (SDG 13).
