Grab
Grab Holdings Inc., commonly known as Grab, is a leading technology company headquartered in Singapore (SG). Founded in 2012, Grab has rapidly evolved from a ride-hailing service into a comprehensive super app, offering a diverse range of services across Southeast Asia, including food delivery, digital payments, and logistics. With a strong presence in countries such as Malaysia, Indonesia, and Thailand, Grab has established itself as a market leader in the region. Its unique platform integrates various services, making it convenient for users to access transportation, food, and financial solutions all in one place. Notable achievements include securing significant funding rounds and expanding its services to millions of users, solidifying its position as a key player in the Southeast Asian tech landscape.
DitchCarbon Score
How does Grab'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 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
Grab's score of 23 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Grab's reported carbon emissions
In 2023, Grab reported total carbon emissions of approximately 2,472,662,000 kg CO2e. This figure includes Scope 1 emissions of about 36,186,000 kg CO2e, Scope 2 emissions of approximately 59,090,000 kg CO2e, and significant Scope 3 emissions totalling around 2,382,927,000 kg CO2e. The Scope 3 emissions primarily stem from the use of sold products, which accounted for about 2,137,306,000 kg CO2e. Over the years, Grab has shown a trend of fluctuating emissions. In 2022, total emissions were approximately 2,039,501,000 kg CO2e, with Scope 1 at about 14,913,000 kg CO2e and Scope 2 at around 51,208,000 kg CO2e. The Scope 3 emissions for that year were approximately 1,978,121,000 kg CO2e. From 2020 to 2023, Grab's total emissions decreased from about 1,484,521,000 kg CO2e to the latest figure, indicating a complex relationship between revenue growth and emissions. Despite this, there are currently no publicly stated reduction targets or climate pledges from Grab, which may limit their accountability in addressing climate change. Overall, Grab's emissions profile highlights the significant impact of Scope 3 emissions, particularly from the use of sold products, and underscores the need for robust climate commitments to drive meaningful reductions in their carbon footprint.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 14,913,000 | - | - | 00,000,000 | 00,000,000 |
| Scope 2 | 6,069,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,020,635,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Grab is not committed to any 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.
