Cabify Sustainability Profile
Cabify, officially known as Cabify S.L., is a leading ride-hailing service headquartered in Spain. Founded in 2011, the company has rapidly expanded its operations across major cities in Spain, Latin America, and Portugal, establishing a strong presence in the urban mobility sector. Specialising in providing safe, reliable, and eco-friendly transportation solutions, Cabify offers a range of services, including private rides, corporate transport, and delivery options. What sets Cabify apart is its commitment to sustainability, with a significant portion of its fleet comprising electric and hybrid vehicles. Recognised for its innovative approach, Cabify has achieved notable milestones, including partnerships with local governments to promote smart city initiatives. As a prominent player in the ride-hailing industry, Cabify continues to enhance urban mobility while prioritising user experience and environmental responsibility.
DitchCarbon Score
How does Cabify'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 Transport 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
Cabify's score of 58 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cabify's reported carbon emissions
In 2024, Cabify reported total carbon emissions of approximately 15,502,500 kg CO2e in Spain. This figure includes 200 kg CO2e from Scope 1 emissions, 132,700 kg CO2e from Scope 2 emissions, and a significant 15,502,300 kg CO2e from Scope 3 emissions, which encompasses business travel (134,100 kg CO2e), employee commuting (108,800 kg CO2e), and the use of sold products (15,253,000 kg CO2e). Cabify has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2030, using 2019 as the base year. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 96% by 2030 and to achieve 100% renewable electricity sourcing by 2025. Additionally, Cabify aims to reduce Scope 3 emissions by 90% by 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to keep global warming below 1.5°C. Cabify's long-term strategy includes maintaining these reductions from 2030 through 2050. The company is committed to transparency and accountability in its climate actions, reflecting a strong dedication to sustainability in the transportation sector.
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| 2024 | |
|---|---|
| Scope 1 | 9,000 |
| Scope 2 | 59,900 |
| Scope 3 | 125,474,900 |
How Carbon Intensive is Cabify's Industry?
How Carbon Intensive is Cabify's Location?
Cabify's Scope 3 Categories Breakdown
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 99% of Scope 3 emissions.
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Cabify'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.
Cabify has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Cabify's sustainability data and climate commitments