Cabify Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Cabify's score of 52 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cabify's reported carbon emissions
Cabify, headquartered in Spain, has set ambitious climate commitments aimed at significantly reducing its greenhouse gas emissions. Although specific emissions data for the most recent year is not available, Cabify has established clear reduction targets through the Science Based Targets initiative (SBTi). The company commits to achieving net-zero greenhouse gas emissions across its entire value chain by 2030, using 2019 as the baseline year. This includes a commitment to reduce absolute Scope 1 and 2 emissions by 96% by 2030, and to maintain this reduction level from 2030 through 2050. Additionally, Cabify aims to reduce its absolute Scope 3 emissions by 90% within the same timeframe. To support these targets, Cabify plans to increase its annual sourcing of renewable electricity from 0% in 2019 to 100% by 2025. These commitments reflect Cabify's alignment with industry standards for climate action, specifically targeting a 1.5°C warming limit. Overall, Cabify's climate strategy demonstrates a robust approach to sustainability, with long-term goals that not only address immediate emissions but also contribute to broader climate resilience efforts.
How Carbon Intensive is Cabify's Industry?
How Carbon Intensive is Cabify's Location?
Cabify's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cabify has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
