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.
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.
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.
Caf's score of 42 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Corporación Andina de Fomento (CAF) 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 14,106,670 kg CO2e from Scope 3. This represents a slight decrease in emissions from 2023, where total emissions were about 11,306,510 kg CO2e, comprising 145,150 kg CO2e from Scope 1, 1,251,640 kg CO2e from Scope 2, and 11,306,510 kg CO2e from Scope 3. CAF's emissions data is not cascaded from any parent organisation, indicating that these figures are independently reported. The organisation has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges, which suggests a need for further commitment in this area. Historically, CAF's emissions have fluctuated, with significant emissions recorded in previous years, such as 22,043,000 kg CO2e in 2020 and 42,308,000 kg CO2e in 2019. The absence of defined reduction targets highlights an opportunity for CAF to enhance its climate strategy and align with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 12,524.5 | 00,000.00 | 00,000,000 | 00,000,000 | 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 | 0,000,000 |
| Scope 3 | 147,850 | 000,000 | - | - | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
Caf 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.
