Social Bicycles Inc. Sustainability Profile
Social Bicycles Inc., commonly known as SoBi, is a pioneering company in the bike-sharing industry, headquartered in the United States. Founded in 2010, SoBi has established itself as a leader in providing innovative bike-sharing solutions across major urban areas, including cities in North America and beyond. The company offers a unique dockless bike-sharing system that integrates smart technology, allowing users to locate and unlock bicycles via a mobile app. This flexibility and convenience set SoBi apart from traditional bike-sharing models. With a commitment to sustainability and urban mobility, Social Bicycles has achieved significant milestones, including partnerships with various municipalities to enhance public transport options. Recognised for its forward-thinking approach, SoBi continues to shape the future of urban transportation, making cycling accessible and efficient for communities worldwide.
DitchCarbon Score
How does Social Bicycles 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.
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
Social Bicycles Inc.'s score of 66 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Social Bicycles Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The company is a current subsidiary of Uber Technologies, Inc., and thus may inherit emissions data and climate commitments from its parent organisation. As part of its climate strategy, Social Bicycles Inc. aligns with the sustainability initiatives of Uber Technologies, Inc., which includes participation in various climate frameworks such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, specific reduction targets or achievements for Social Bicycles Inc. have not been disclosed. The company is committed to addressing climate change through the initiatives cascaded from Uber Technologies, Inc., which may include ambitious goals for reducing emissions across its operations. As of now, there are no documented reduction targets or climate pledges specific to Social Bicycles Inc. In summary, while Social Bicycles Inc. does not currently report its own emissions data or specific climate commitments, it is positioned within the broader sustainability framework of Uber Technologies, Inc., which may influence its future climate actions.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,738,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 119,482,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Social Bicycles Inc.'s Industry?
How Carbon Intensive is Social Bicycles Inc.'s Location?
Social Bicycles Inc.'s Scope 3 Categories Breakdown
Social Bicycles Inc.'s Scope 3 emissions, which increased by 37% last year and increased by approximately 918% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 100% of Scope 3 emissions.
Top Scope 3 Categories
Social Bicycles Inc.'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.
Social Bicycles Inc. 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.
