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Public Profile
Retail Trade Services
US
updated 6 days ago

Shift Technologies, Inc.

Company website

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.

DitchCarbon Score

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.

26

Industry Average

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.

28

Industry Benchmark

Shift Technologies, Inc.'s score of 26 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

48%

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Shift Technologies, Inc.'s reported carbon emissions

In 2022, Shift Technologies, Inc. reported carbon emissions data indicating a focus on sustainability, although specific total emissions figures were not disclosed. The company has identified significant emissions sources, including maintenance CO2e emissions per home managed, which are approximately 30.02 kg CO2e per home (Scope 1), and carbon emissions from business mileage, estimated at about 3.59 kg CO2e per employee (Scope 3). Shift Technologies has set ambitious reduction targets for its carbon footprint. The company aims for a 71.86% reduction in emissions from both Scope 1 and Scope 2 by 2030, based on the number of homes at Energy Performance Certificate (EPC) C or above, which currently includes 27,204 properties, representing 71.86% of its stock. This commitment reflects a proactive approach to enhancing energy efficiency and reducing overall emissions. As of now, there are no emissions data cascaded from a parent company, and all reported figures are directly from Shift Technologies, Inc. The company continues to prioritise climate commitments and sustainability initiatives as part of its operational strategy.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Shift Technologies, Inc.'s primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Shift Technologies, Inc. is in US, which has a low grid carbon intensity relative to other regions.

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.

Shift Technologies, Inc. is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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