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 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 24 is higher than 88% 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 carbon emissions of approximately 28,973,000 kg CO2e for Scope 1 and 7,662,000 kg CO2e for Scope 2, alongside 78,832,000 kg CO2e for Scope 3 emissions related to purchased goods and services. This reflects a slight increase in Scope 1 emissions compared to 2022, where they were about 28,115,000 kg CO2e, while Scope 2 emissions decreased from approximately 7,089,000 kg CO2e. CAF has made significant commitments to reduce its carbon footprint, aiming for net-zero emissions across all scopes by 2050. The company is currently committed to near-term targets and has been recognised by the Science Based Targets initiative (SBTi) for its long-term net-zero commitment, which began in 2023. This strategic approach aligns with industry standards for climate action, demonstrating CAF's dedication to sustainability in the rail transportation sector.
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Add to project2019 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 34,707,000 | 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 | 73,363,000 | - | - | 00,000,000 |
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.