Maruti’s in-plant railway siding becomes World’s First Modal Shift Transport project to generate carbon credits

Maruti Suzuki India Ltd (Maruti Suzuki) said its Gujarat in-plant railway siding has been registered as the World’s First Modal Shift Transportation Project under the Verified Carbon Standard (VCS) programme of Verra, the world’s carbon credit registry.

The project is expected to achieve approximately 1.7 Lakh carbon credits over a 10-year crediting period from FY24 to FY33, by shifting vehicle dispatches from road to rail, the company said.

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, it added.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Ltd said “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,” he said.