Cabify, officially known as Cabify S.L., is a leading ride-hailing service headquartered in Spain. Founded in 2011, the company has rapidly expanded its operations across major cities in Spain, Latin America, and Portugal, establishing a strong presence in the urban mobility sector. Specialising in providing safe, reliable, and eco-friendly transportation solutions, Cabify offers a range of services, including private rides, corporate transport, and delivery options. What sets Cabify apart is its commitment to sustainability, with a significant portion of its fleet comprising electric and hybrid vehicles. Recognised for its innovative approach, Cabify has achieved notable milestones, including partnerships with local governments to promote smart city initiatives. As a prominent player in the ride-hailing industry, Cabify continues to enhance urban mobility while prioritising user experience and environmental responsibility.
How does Cabify's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Transport Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Cabify's score of 52 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cabify, headquartered in Spain, has set ambitious climate commitments aimed at achieving net-zero greenhouse gas emissions across its value chain by 2030, using 2019 as the base year. Although specific emissions data for the most recent year is not available, Cabify has established significant reduction targets. The company aims to reduce absolute Scope 1 and 2 greenhouse gas emissions by 96% by 2030 and to achieve 100% renewable electricity sourcing by 2025. Additionally, Cabify is committed to reducing absolute Scope 3 emissions by 90% by 2030. In the long term, Cabify plans to maintain these reductions, sustaining a 96% decrease in Scope 1 and 2 emissions from 2030 through 2050, and a 90% reduction in Scope 3 emissions during the same period. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. Cabify's proactive approach reflects its commitment to sustainability and climate action within the transportation sector.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cabify is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.