Lyft
Lyft, Inc., commonly known as Lyft, is a prominent player in the ride-sharing industry, headquartered in the United States. Founded in 2012, Lyft has rapidly expanded its operations across major cities, including San Francisco, Los Angeles, and New York, establishing itself as a key competitor alongside other ride-hailing services. The company offers a range of transportation solutions, including standard rides, shared rides, and Lyft XL for larger groups. What sets Lyft apart is its commitment to sustainability and community engagement, with initiatives aimed at reducing carbon emissions and promoting local partnerships. With millions of active users and a strong market presence, Lyft has achieved significant milestones, including the introduction of electric scooters and bikes, further diversifying its service offerings. As a leader in the ride-sharing sector, Lyft continues to innovate and adapt to the evolving needs of urban transportation.
DitchCarbon Score
How does Lyft'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 Land Transportation 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
Lyft's score of 33 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lyft's reported carbon emissions
In 2023, Lyft reported total carbon emissions of approximately 1,424.69 kg CO2e. This figure represents a significant decrease from 2022, when the company emitted about 1,759,713,000 kg CO2e, which included 2,499,000 kg CO2e from Scope 1, 6,747,000 kg CO2e from Scope 2, and a substantial 1,750,466,000 kg CO2e from Scope 3 emissions. Lyft has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company has pledged to cut its Scope 1 and 2 emissions by 50% from 2020 levels by 2025. Looking further ahead, Lyft has committed to a 56.5% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2018 as a baseline. Furthermore, Lyft aims to reduce its Scope 3 emissions by 85% per million USD value added within the same timeframe. These targets align with industry standards for climate action, reflecting Lyft's commitment to sustainability and its role in mitigating climate change.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 718,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,191,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,357,212,000 | 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.
Lyft is participating in some 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.
