Proper disposal of End-of-Life Vehicles (ELVs) is a critical global issue. In India, over 10 million ELVs contribute significantly to PM2.5 emissions, causing dangerous levels of pollution and serious health risks.
We need a Second Earth if we continue to consume resources at the current rate. To ensure a sustainable future on the Only Planet we have, adopting a circular economy and reducing dependency on non-renewable ecological resources is a must.
Global climate change stands as a critical challenge, demanding swift and decisive action. Carbon offsets play a pivotal role in curbing GHG or greenhouse gas emissions, essential for ensuring environmental sustainability and safeguarding the future
of our planet.
Tackling ELV Pollution
Circularity forSurvival
Reduce CarbonFootprint
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Our “circular economy” approach tackles major environmental challenges by ensuring the eco-friendly disposal of ELVs, reducing pollution, and promoting automotive circularity. This helps organizations achieve their Net Zero targets, contributing to a healthier planet.
In short, we're building smart solutions to mitigate the planet's major challenges around end-of-life vehicles, circularity, and GHG emissions.
ELV Carbon Credits, generated by scrapping end-of-life vehicles at government-registered facilities, are 100% traceable credits. Each of these carbon credits are linked directly to a uniquely individual scrapped vehicle, generating outcome-based fractional credits on a public distributed ledger.
ELV carbon credits offer 100% transparency and traceability, linking directly to scrapped ELVs.
Recovery of materials from end-of-life vehicles and their recycling supports the circular economy.
By selling mobility-related credits, RVSFs can source more unfit vehicles, thus reducing the harmful effects of air pollution and improving overall public health and safety.
Over 41 dMRV data points on blockchain-enabled platform ensure Zero greenwashing and eliminate double counting.
Our carbon credits offer 100% transparency and traceability, linking directly to scrapped ELVs.
Recovery of materials from end-of-life vehicles and their recycling supports the circular economy.
By selling mobility-related credits, RVSFs can source more unfit vehicles, thus reducing the harmful effects of air pollution and improving overall public health and safety.
Over 41 dMRV data points on blockchain-enabled platform ensure Zero greenwashing and eliminate double counting.
ELV carbon credits offer a strategic advantage for companies committed to achieving Net-Zero targets, adhering to the Paris Agreement, and maintaining a competitive edge within their industry. These mobility-focused credits enable businesses to strengthen their brand positioning, meet customer expectations, and stay aligned with evolving industry standards.
As the demand grows for investments that directly influence value chains, ELV carbon credits provide a robust solution for companies to address greenwashing concerns and fulfill their ESG commitments by effectively targeting Scope 1, Scope 2, and Scope 3 emissions. Take a look at how ELV credits are designed to cater to the unique needs of various industries —
Purchasing industry-specific ELV carbon credits helps vehicle manufacturers align with government policies on old vehicle disposal, offsetting Scope 3 emissions and ensuring compliance. It also reduces the carbon footprints of their financial backers and promotes sustainability.
Purchasing ELV credits offsets CO2 emissions from ethical scrapping, balancing the environmental impact of your business. This initiative addresses Scope 3 emissions and sets a precedent for other companies on the path to decarbonization.
Road transport and aviation contribute about 25% of global emissions, significantly accelerating global warming. By purchasing ELV carbon credits, the logistics industry can offset their Scope 1 emissions and demonstrate a commitment to sustainability.
Achieve your Net-Zero goals efficiently and conveniently. Your investment in mobility-related credits supports sustainability and circularity efforts, showcasing your business's dedication to promoting a greener and more sustainable future.
As an individual, you can voluntarily offset your carbon footprint to support national and global sustainability efforts. These credits aid government initiatives to transform India's auto industry into a Zero-Waste sector, making you a vital part of the fight against climate change.
Banks and insurance companies should purchase ELV carbon credits to combat climate change and offset the Scope 3 emissions of the automotive OEMs they fund. This action addresses their own and clients' carbon footprints, supporting a sustainable future and aligning with global emission reduction efforts.
Road transport and aviation contribute about 25% of global emissions, significantly accelerating global warming. By purchasing ELV carbon credits, the logistics industry can offset their Scope 1 emissions and demonstrate a commitment to sustainability.
Purchasing ELV credits offsets CO2 emissions from ethical scrapping, balancing the environmental impact of your business. This initiative addresses Scope 3 emissions and sets a precedent for other companies on the path to decarbonization.
Purchasing industry-specific ELV carbon credits helps vehicle manufacturers align with government policies on old vehicle disposal, offsetting Scope 3 emissions and ensuring compliance. It also reduces the carbon footprints of their financial backers and promotes sustainability.
Banks and insurance companies should purchase ELV carbon credits to combat climate change and offset the Scope 3 emissions of the automotive OEMs they fund. This action addresses their own and clients' carbon footprints, supporting a sustainable future and aligning with global emission reduction efforts.
As an individual, you can voluntarily offset your carbon footprint to support national and global sustainability efforts. These credits aid government initiatives to transform India's auto industry into a Zero-Waste sector, making you a vital part of the fight against climate change.
Achieve your Net-Zero goals efficiently and conveniently. Your investment in mobility-related credits supports sustainability and circularity efforts, showcasing your business's dedication to promoting a greener and more sustainable future.
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