Maruti Suzuki Gujarat Rail Plant World-First Modal Shift Credit Project (Press Release) | V3Cars
Maruti Suzuki India Limited announced that their Gujarat in-plant railway siding was registered as the world’s first modal shift transportation project to generate carbon credits. The project is registered under Verra’s Verified Carbon Standard program. It is expected to reduce approximately 1.7 lakh tonnes of CO₂e emissions over a 10-year period.
Here’s what Maruti Suzuki India Limited have to say about the carbon credit milestone:
Maruti Suzuki India Limited 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, setting a global benchmark in sustainable logistics. The project is expected to generate 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, a more efficient and sustainable mode of transport.
The emission reductions have been quantified under the AM0090 methodology prescribed under the Clean Development Mechanism (CDM) of the United Nations Framework Convention on Climate Change (UNFCCC). Following independent verification of carbon emission savings, Verra will issue 1.7 lakh carbon credits to Maruti Suzuki under its VCS program.
Commenting on the 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 also contributes to the United Nations Sustainable Development Goals (SDGs), particularly Good Health and Well-being (SDG 3), Decent Work and Economic Growth (SDG 8), and Climate Action (SDG 13).
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