REE Automotive Ltd. Sustainability Profile
REE Automotive Ltd., headquartered in Israel, is a pioneering force in the electric vehicle (EV) industry, specialising in innovative modular platforms for electric and autonomous vehicles. Founded in 2019, the company has rapidly established itself as a leader in the development of REEcorner technology, which integrates critical vehicle components into a compact, flat architecture, enhancing design flexibility and efficiency. With a focus on transforming urban mobility, REE Automotive serves various operational regions, including North America and Europe. The company's unique approach to vehicle design not only optimises space but also supports a diverse range of applications, from commercial delivery vans to passenger vehicles. Recognised for its forward-thinking solutions, REE Automotive is positioned at the forefront of the EV market, driving the future of sustainable transportation.
DitchCarbon Score
How does REE Automotive Ltd.'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 Motor Vehicle Retail 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
REE Automotive Ltd.'s score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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REE Automotive Ltd.'s reported carbon emissions
REE Automotive Ltd., headquartered in Israel (IL), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and commitments suggests that REE Automotive Ltd. may still be in the early stages of developing its climate strategy or reporting framework. As the automotive industry increasingly focuses on sustainability, it is essential for companies like REE Automotive Ltd. to establish clear climate commitments and reduction initiatives to align with industry standards and expectations. Without specific emissions data or targets, the company may face challenges in demonstrating its commitment to reducing its carbon footprint and contributing to global climate goals.
How Carbon Intensive is REE Automotive Ltd.'s Industry?
How Carbon Intensive is REE Automotive Ltd.'s Location?
REE Automotive Ltd.'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.
REE Automotive Ltd. 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.
