Caf
Caf, officially known as Construcciones y Auxiliar de Ferrocarriles, is a leading global player in the rail transport industry, headquartered in Valencia, Spain (VE). Founded in 1917, the company has established a strong presence in various operational regions, including Europe, Latin America, and Asia, providing innovative solutions for urban and intercity transport systems. Caf specialises in the design, manufacture, and maintenance of rolling stock, including trains, trams, and metro systems. Their commitment to sustainability and cutting-edge technology sets them apart, with a focus on energy-efficient and environmentally friendly transport solutions. Over the years, Caf has achieved significant milestones, including numerous contracts for high-speed rail projects, solidifying its position as a trusted partner in the global rail sector.
DitchCarbon Score
How does Caf'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 Financial Intermediation 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
Caf's score of 42 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Caf's reported carbon emissions
In 2024, CAF (Corporación Andina de Fomento) reported total carbon emissions of approximately 14,460,600 kg CO2e, with emissions distributed across various scopes: 134,110 kg CO2e from Scope 1, 1,217,820 kg CO2e from Scope 2, and 14,606,600 kg CO2e from Scope 3. This represents a slight decrease in Scope 1 emissions from 145,150 kg CO2e in 2023, while Scope 2 emissions also saw a reduction from 1,251,640 kg CO2e in the previous year. However, Scope 3 emissions increased from 11,306,510 kg CO2e in 2023. CAF has not set specific reduction targets or initiatives as part of its climate commitments, and there are no disclosed SBTi (Science Based Targets initiative) targets. The organisation's emissions data is not cascaded from any parent company, indicating that these figures are independently reported. Overall, while CAF has made some progress in reducing its Scope 1 and Scope 2 emissions, the significant contribution from Scope 3 emissions highlights the need for further action in its climate strategy.
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| 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 12,524.5 | 00,000.00 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,053,120 | 0,000,000 | 00,000,000 | 0,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 147,850 | 000,000 | - | - | - | 0,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Caf 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.
