Construcciones y Auxiliar de Ferrocarriles (CAF) is a leading Spanish company headquartered in Beasain, Spain. Founded in 1917, CAF has established itself as a prominent player in the rail transport industry, specialising in the design, manufacture, and maintenance of rolling stock and related systems. With a strong presence in Europe, Latin America, and beyond, the company has achieved significant milestones, including the development of innovative solutions for urban and intercity transport. CAF's core offerings include high-speed trains, trams, and metro systems, distinguished by their cutting-edge technology and commitment to sustainability. The company is recognised for its market position, having secured numerous contracts globally, which underscores its reputation for quality and reliability in the rail sector. Through continuous innovation and a focus on customer needs, CAF remains at the forefront of the rail industry, contributing to the evolution of modern transport solutions.
How does Construcciones y Auxiliar de Ferrocarriles'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 Construction Work 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.
Construcciones y Auxiliar de Ferrocarriles's score of 46 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Construcciones y Auxiliar de Ferrocarriles (CAF) reported total greenhouse gas emissions of approximately 28,973,000 kg CO2e for Scope 1, 7,662,000 kg CO2e for Scope 2, and 3,438,358,000 kg CO2e for Scope 3 emissions. This reflects a commitment to reducing their carbon footprint across all scopes, with significant targets set for the future. CAF has established near-term targets to reduce absolute Scope 1 and 2 emissions by 54.7% by 2030, using 2019 as the baseline year. Additionally, they aim to decrease Scope 3 emissions from the use of sold products by 55% per passenger-kilometre within the same timeframe. Long-term goals include achieving a 90% reduction in absolute Scope 1 and 2 emissions and a 97% reduction in Scope 3 emissions by 2045. The company is committed to reaching net-zero greenhouse gas emissions across its entire value chain by 2045, aligning with the Science Based Targets initiative (SBTi) to ensure their targets are consistent with limiting global warming to 1.5°C. This comprehensive approach underscores CAF's dedication to sustainability and climate action within the rail transportation sector.
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2019 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 31,463,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 19,636,000 | 00,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 6,822,973,000.01 | 0,000,000,000.00 | 0,000,000,000.00 | 0,000,000,000.00 |
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.
Construcciones y Auxiliar de Ferrocarriles 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.