Careem Networks FZ LLC Sustainability Profile
Careem Networks FZ LLC, commonly known as Careem, is a leading technology company headquartered in the United Arab Emirates (AE). Founded in 2012, Careem has rapidly expanded its operations across the Middle East, North Africa, and South Asia, establishing itself as a prominent player in the ride-hailing and logistics industry. Careem offers a diverse range of services, including ride-hailing, food delivery, and digital payment solutions, all designed to enhance urban mobility. What sets Careem apart is its commitment to localised services and user-friendly technology, catering specifically to the needs of its regional customers. With significant milestones such as its acquisition by Uber in 2020, Careem has solidified its market position, becoming a household name in the region. The company continues to innovate, striving to provide seamless and reliable services that empower users and transform everyday experiences.
DitchCarbon Score
How does Careem Networks FZ LLC'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 Business 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
Careem Networks FZ LLC's score of 66 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Careem Networks FZ LLC, headquartered in the United Arab Emirates (AE), currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Uber Technologies, Inc., and thus inherits its climate commitments and emissions data from its parent organisation. As part of its climate strategy, Careem aligns with the sustainability initiatives set forth by Uber Technologies, Inc. This includes participation in various climate-related frameworks such as the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the Race to Zero campaign. These initiatives aim to establish robust reduction targets and enhance transparency in emissions reporting. While specific reduction targets for Careem Networks FZ LLC are not detailed, the overarching commitments from Uber Technologies, Inc. suggest a focus on significant emissions reductions across all scopes. The cascading of these initiatives indicates a commitment to addressing climate change at both the corporate and operational levels. In summary, Careem Networks FZ LLC is actively engaged in climate commitments through its relationship with Uber Technologies, Inc., although specific emissions data and reduction targets for the company itself are currently unavailable.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,738,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 119,482,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Careem Networks FZ LLC's Industry?
How Carbon Intensive is Careem Networks FZ LLC's Location?
Careem Networks FZ LLC's Scope 3 Categories Breakdown
Careem Networks FZ LLC's Scope 3 emissions, which increased by 22% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 100% of Scope 3 emissions.
Top Scope 3 Categories
Careem Networks FZ LLC'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.
Careem Networks FZ LLC 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.
