12,000–60,000 tCO₂e/yr scaling through 2031. Verra AMS-III.C methodology. $3.25/t — the lowest-cost credit in our portfolio. Designed for high-volume Scope 3 transport offsetting.
This project aggregates the emission reductions from converting a diesel/petrol commercial fleet to electric vehicles across Indian urban and peri-urban routes. Verra's AMS-III.C methodology is the established standard for EV fleet projects and enables serial crediting as vehicles are added to the fleet through 2031.
The economics are straightforward: at $3.25/t, this is the lowest-cost avenue for a buyer to offset large volumes of Scope 3 Category 4 transport emissions — allowing the budget to be redirected toward premium CDR credits that meet the SBTi residual requirement.
| Fleet Size (Current) | 10,000 vehicles |
|---|---|
| Fleet Size (Target 2031) | 50,000 vehicles |
| Annual Credits (Current) | ~12,000 tCO₂e |
| Annual Credits (2031) | ~60,000 tCO₂e |
| Methodology | Verra AMS-III.C |
| Price | $3.25/t |
| Use Case | High-volume Scope 3 transport offsetting; portfolio volume base |
| Contract Type | Spot and 1–3 year forward available |
Unlike solar avoidance (which declines as the grid greens), EV fleet credits grow over the crediting period as more vehicles are added to the aggregated fleet.
Indicative volume trajectory based on 10,000 → 50,000 vehicle scale-up. Actual issuance subject to annual VVB verification.
Companies with corporate sustainability commitments needing cost-effective, domestic avoidance credits to supplement their net-zero narrative. High volume at Indian scale.
Large buyers who have already secured CDR and ARR credits for their residual/Scope 3 obligations and want a low-cost avoidance layer to reach volume targets affordably.
Logistics companies, e-commerce platforms, and manufacturers with large upstream/downstream transport footprints. Verra AMS-III.C is GHG Protocol-compliant for Scope 3 reporting.
We'll share the project documentation, Verra registration details, fleet data summary, and a tailored term sheet. Spot and forward contracts available.
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