Caf, officially known as Construcciones y Auxiliar de Ferrocarriles, is a leading global player in the rail transport industry, headquartered in Valencia, Spain (VE). Founded in 1917, the company has established a strong presence in various operational regions, including Europe, Latin America, and Asia, providing innovative solutions for urban and intercity transport systems. Caf specialises in the design, manufacture, and maintenance of rolling stock, including trains, trams, and metro systems. Their commitment to sustainability and cutting-edge technology sets them apart, with a focus on energy-efficient and environmentally friendly transport solutions. Over the years, Caf has achieved significant milestones, including numerous contracts for high-speed rail projects, solidifying its position as a trusted partner in the global rail sector.
How does Caf'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 Financial Intermediation 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.
Caf's score of 42 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Corporación Andina de Fomento (CAF) reported total carbon emissions of approximately 14,460,600 kg CO2e, with emissions distributed across various scopes: 134,110 kg CO2e from Scope 1, 1,217,820 kg CO2e from Scope 2, and 14,606,600 kg CO2e from Scope 3. This represents a slight decrease in Scope 1 emissions from 145,150 kg CO2e in 2023, while Scope 2 emissions also decreased from 1,251,640 kg CO2e in the previous year. In 2023, CAF's total emissions were about 11,306,510 kg CO2e, with Scope 1 and Scope 2 emissions at 145,150 kg CO2e and 1,251,640 kg CO2e, respectively. The data indicates a significant reliance on Scope 3 emissions, which accounted for the majority of their carbon footprint. CAF has not disclosed any specific reduction targets or initiatives as part of their climate commitments, nor do they appear to have cascaded data from a parent organisation. The absence of formal reduction targets suggests a need for further development in their sustainability strategy. Overall, CAF's emissions data highlights the importance of addressing Scope 3 emissions, which are often the most challenging to manage, and indicates potential areas for improvement in their climate action efforts.
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 12,524.5 | 00,000.00 | 00,000,000 | 00,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,053,120 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 147,850 | 000,000 | - | - | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
Caf has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
