Full Truck Alliance Launches China’s First Driver Carbon Account in Freight Industry

On World Environment Day, June fifth, a convention themed “Green Freight, Carbon Future” was held in Nanjing by the logistics trade. Full Truck Alliance, a number one digital freight platform in China, unveiled an upgraded “Manyun Carbon Road Plan” double carbon technique and formally reached a strategic cooperation in the sphere of double carbon with the well-known college, Nanjing University of Posts and Telecommunications. They additionally introduced the official launch of a blockchain-based carbon footprint administration platform for highway logistics and an vital achievement in the type of the “first driver carbon account system in China’s freight industry”.The first batch of “carbon accounts” can be initially opened to three,000 truck drivers nationwide.

According to the International Energy Agency (IEA), the transportation trade is likely one of the world’s prime greenhouse gas-emitting industries, accounting for 25% of carbon emissions. The International Road Federation (IRF) predicts that world vitality consumption for transportation and logistics will improve by 21%-25% from 2016 to 2050.

Transportation accounts for 10.4% of China’s carbon emissions, of which highway transportation is accountable for over 80%, together with over 60% from highway freight transportation. The problem of carbon emissions is most vital for heavy-duty vans, which account for over 85% of the highway freight transportation trade’s carbon emissions.

Road logistics are essential to attaining China’s “peak carbon and carbon neutrality” objective in the transportation sector. The World Resources Institute (WRI) means that optimizing transportation demand for highway freight, shortening transportation distances, and enhancing logistics relationships are crucial. Reasonable logistics route planning can cut back transportation distance, driving actions, peak visitors quantity, enhance highway security, and cut back greenhouse gasoline emissions.

As a digital freight platform, Full Truck Alliance president Guo Langbo mentioned it was important to develop a “double carbon” technique. In 2020, the corporate started exploring such measures and established a mannequin for lowering the “three empties” (empty automobile, container, and journey). A 2022 collaboration with the China Classification Society resulted in the creation of China’s first carbon discount normal for highway freight cargo. In June 2022, Full Truck Alliance launched the “Manyun Carbon Road Plan” to cut back carbon emissions by establishing a carbon emission administration platform, asset growth, and carbon buying and selling accounting system and interact with platform drivers to construct a carbon-inclusive platform.

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According to Full Truck Alliance‘s calculations, as of 2022, almost 10 million truck drivers have accomplished transport turnovers of billions of tons of kilometers on the Manbang platform, with a cumulative carbon emission discount of 12 million tons, which is equal to saving greater than 4.6 billion liters of diesel gasoline for drivers.