Lyft

Lyft's Climate Commitments and Emissions Overview

In 2024, Lyft, operating in the 'Other land transportation services' sector from its US headquarters, reported total greenhouse gas (GHG) emissions of approximately 2.36 billion kg CO2e. This figure comprises Scope 1 emissions totalling about 2.45 million kg CO2e, Scope 2 emissions (market-based) of approximately 1.87 million kg CO2e, and substantial Scope 3 emissions amounting to about 2.35 billion kg CO2e. Key contributors to its Scope 3 emissions in 2024 included purchased goods and services, representing roughly 148.67 million kg CO2e.

For 2023, Lyft's total GHG emissions were approximately 2.27 billion kg CO2e. This included Scope 1 emissions of about 1.81 million kg CO2e, Scope 2 emissions (market-based) of approximately 2.37 million kg CO2e, and Scope 3 emissions of around 2.27 billion kg CO2e. The largest component of its Scope 3 emissions in 2023 was purchased goods and services, contributing approximately 179.62 million kg CO2e.

Lyft has established several reduction targets aligned with climate action frameworks. The company aims to reduce its Scope 1 and Scope 2 emissions by 56.5% by 2030, using 2018 as a baseline year. Furthermore, Lyft is committed to reducing its absolute Scope 3 GHG emissions by 85% per million USD value added by 2030. The Science Based Targets initiative (SBTi) has validated these targets as consistent with limiting warming to 1.5°C.

Beyond these specific targets, Lyft has also stated an ambition to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of the current decade. The company's commitment to environmental sustainability is underscored by its participation in initiatives like the SBTi and its reporting on emissions across all three scopes.