Shift Technologies, Inc., commonly referred to as Shift, is a prominent player in the automotive technology industry, headquartered in the United States. Founded in 2013, the company has rapidly evolved, focusing on transforming the way consumers buy and sell used vehicles through its innovative online platform. With a strong presence in major operational regions across the US, Shift offers a unique blend of services, including vehicle inspections, financing options, and a seamless online purchasing experience. Their commitment to transparency and customer satisfaction sets them apart in a competitive market. Notable achievements include significant funding rounds and partnerships that have bolstered their market position, making Shift a trusted name in automotive e-commerce.
How does Shift Technologies, Inc.'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 Retail Trade 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.
Shift Technologies, Inc.'s score of 18 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Shift Technologies, Inc. reported specific carbon emissions related to its operations. The company recorded approximately 30.02 kg CO2e per home managed under Scope 1 emissions, which primarily pertain to direct emissions from owned or controlled sources. Additionally, Shift reported carbon emissions of about 3.59 kg CO2e from business mileage, classified under Scope 3 emissions, which encompass indirect emissions from the value chain. Currently, there are no disclosed reduction targets or significant climate commitments from Shift Technologies, Inc. This lack of formalised targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. As the industry increasingly prioritises sustainability, Shift Technologies will likely need to enhance its climate commitments to align with broader environmental goals.
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.
Shift Technologies, Inc. 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.