Onfleet has announced an initiative to offset the impact of carbon dioxide (CO2) emissions resulting from deliveries powered by its platform.
Dubbed “Onfleet Offset,” the program will calculate the CO2 impact of its customers’ delivery operations and share in the cost of offsetting emissions by investing in Gold Standard, VCS, CAR and ACR verified nature conservancy projects such as reforestation and old forest protections. Onfleet’s partner, Pachama, will verify and monitor the impact of these projects using computer vision and machine learning technologies.
With the support of its customers, Onfleet says it hopes to offset 5,000 tons of CO2 per month by the end of this year and expects to have offset a total of more than 100,000 tons of CO2 by the end of 2022, which is the equivalent of taking 20,000 cars off the road for a full year.
The program, which kicks off on May 1, will offset emissions through the purchasing of carbon credits at $8 per metric ton. Customers that opt into the program will contribute $4 per metric ton of carbon credits for their deliveries, which will then be matched by Onfleet to fully offset customers’ delivery emissions. Emissions resulting from deliveries will be determined through the usage of EPA GHG coefficients and vehicle mileage.
Through features such as route optimization and automated dispatching, Onfleet says its software already enables customers to effectively reduce fleet fuel consumption. Onfleet Offset allows customers to purchase carbon credits for the remaining emissions and neutralize the environmental impact of their delivery operations, with Onfleet contributing equally to the offset with its own capital.
