Onfleet, global provider of last mile delivery management software, announced a major 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 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.
“Safe and convenient deliveries are a part of our daily lives, but that doesn’t mean we should accept the negative environmental impact that often comes along with them,” said Khaled Naim, Onfleet’s CEO and Co-founder.
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.
“We are thrilled to add Onfleet’s contribution to our forestry-focused, verified projects,” said Diego Saez-Gil, CEO and Co-founder at Pachama, “Along with customers like Shopify and Microsoft, Onfleet’s trust in our portfolio and proven management helps us invest in powerful, verifiable, long-term projects that capture carbon and restore nature.”
Through efficiency improvements with features such as route optimization and automated dispatching, Onfleet’s software already enables customers to effectively reduce fleet fuel consumption. Via improved routing efficiency, Onfleet has helped prevent tens of thousands of tons of CO2 from entering the atmosphere over the past several years. Onfleet Offset takes things a step further, allowing 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.
Onfleet Offset has already received commitments from a dozen customers, including Thistle, Foxtrot, BoxKnight and Territory Foods.
“Territory Foods salutes Onfleet’s effort to measure the impact of our deliveries and create a program that makes it easy for us to now join in the cost of offsetting via carbon credits,” said Nishal Narechania, VP of Product at Territory Foods.
Visit onfleet.com/offset to learn about how the company calculates emissions based on EPA standards, as well as details on specific projects the program will be supporting.