18/06/2012 | Ecofrotas presents its new carbon credit project
Methodology developed with WayCarbon allows client-companies to generate carbon credits through a reduction in emissions attained through fleet management.
Ecofrotas, a company specialized in sustainable fleet management and a leader in Brazil in the segment, is set to provide a unique opportunity to its clients for the sale of carbon credits on the voluntary market. The project, set to launch at Rio + 20, foresees a reduction in emissions through the use of ethanol as a fuel for vehicles with flex fuel technology. The methodology is in its final phase of approval by the VCS (Verified Carbon Standards) and is the first in the world to deal specifically with the reduction of emissions through the use of ethanol.
“The project is geared towards light vehicle fleets that employ flex fuel technology. Companies that use the methodology may only fill up their flex fuel vehicles with ethanol”, explained Ecofrotas’ manager of Innovation and Sustainability, Rodrigo Somogyi. The company’s fueling control system ensures that the premises of the project are respected in practice.
The project’s methodology for the generation of carbon credits was developed in partnership with the consultancy firm WayCarbon. “Should there not be any data available concerning how much the company emits prior to adhering to the project, the calculation for carbon credits will be based on the conditions of the market in which the company is inserted in the country, along with the fleet characteristics”, explained consultant Marcela Paranhos. It is worth noting that, according to the GHG Protocol, the emission of CO2 from burning ethanol in the engines of automobiles is considered neutral as sugarcane absorbs CO2 during the photosynthesis process.
With the sale of carbon credits, it is possible to minimize the cost of emission mitigating actions. “Furthermore, there is the possibility of using these credits to compensate for emissions from other polluting areas within the company, for example, companies that have both light and heavy fleets, can compensate for diesel emissions”, stated Ecofrotas’ manager of Sustainability Relationships, Amanda Kardosh. “This may prove very significant, particularly for multinationals that have emission reduction goals in specific countries”.
Ecofrotas is a Brazilian market leader in fleet management and the first company in the country to operate in the field of sustainable management. It has a portfolio of 9,000 corporate clients and is responsible for the management of 520,000 vehicles, which conduct over 22 million transactions per year in a national network of gas stations and vehicle repair shops. The company is present throughout the country, with 10 regional offices and 350 employees.