Cabify
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 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 55 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cabify's reported carbon emissions
In 2023, Cabify reported total carbon emissions of approximately 131,572,000 kg CO2e globally, with Scope 1 emissions at 43,000 kg CO2e, Scope 2 emissions at 31,000 kg CO2e, and significant Scope 3 emissions, including 357,000 kg CO2e from purchased goods and services and 812,000 kg CO2e from downstream transportation and distribution. In Spain, Cabify's emissions for 2023 totalled about 16,829,000 kg CO2e, with Scope 1 emissions again at 43,000 kg CO2e, while Scope 3 emissions included 133,000 kg CO2e from employee commuting and 486,000 kg CO2e from downstream transportation and distribution. Cabify has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2030, using 2019 as the base year. The company targets a 96% reduction in absolute Scope 1 and 2 emissions and a 90% reduction in absolute Scope 3 emissions by 2030. Additionally, Cabify plans to source 100% renewable electricity by 2025. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Cabify's long-term strategy includes maintaining these reductions from 2030 through 2050, ensuring a sustainable operational footprint in the transportation sector.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | 00,000 |
| Scope 2 | 36,000 | 00,000 | 00,000 |
| Scope 3 | 17,578,000 | 00,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 committed to some reduction initiatives 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.
