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Financial Intermediation
VE
updated 5 days ago

Caf

Company website

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.

DitchCarbon Score

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.

29

Industry Average

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.

30

Industry Benchmark

Caf's score of 29 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.

50%

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Caf's reported carbon emissions

In 2023, CAF (Corporación Andina de Fomento), headquartered in Venezuela, reported total carbon emissions of approximately 12,703,300 kg CO2e. This figure includes 145,150 kg CO2e from Scope 1 emissions, 1,251,640 kg CO2e from Scope 2 emissions, and a significant 11,306,510 kg CO2e from Scope 3 emissions. Comparatively, in 2022, CAF's total emissions were about 6,109,000 kg CO2e, with Scope 1 emissions at 102,000 kg CO2e, Scope 2 at 1,202,000 kg CO2e, and Scope 3 at 4,805,000 kg CO2e. This indicates a notable increase in emissions from 2022 to 2023. CAF has not disclosed any specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded data from a parent organisation. The absence of SBTi (Science Based Targets initiative) reduction targets suggests that the organisation may still be in the early stages of formalising its climate strategy. Overall, while CAF has made strides in reporting its emissions, further commitments and reduction initiatives will be essential for aligning with global climate goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2015201620192020202120222023
Scope 1
11,354,950
00,000,000
00,000,000
00,000,000
00,000,000
000,000
000,000
Scope 2
1,053,120
0,000,000
00,000,000
0,000,000
-
0,000,000
0,000,000
Scope 3
147,850
000,000
-
-
-
0,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Caf's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Caf is in VE, which we do not have grid emissions data for.

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.

Caf is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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