Cabify España, S.L.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:131,572 tCO2e offset
Scope 1 Emissions:43 tCO2e/year
Scope 2 Emissions:31 tCO2e/year
Scope 3 Emissions:129,636 tCO2e/year
Renewable Energy Share:75% of total office energy use in Madrid
Total Energy Consumption:654,590 kWh/year (offices)
ESG Focus Areas
- Prosperity
- People
- Planet
Environmental Achievements
- 85% of trips in Spain completed in electrified vehicles (electric, plug-in hybrids, and hybrids)
- 131,572 tCO2e offset
- 6,239 tons of CO2 avoided through various projects
Social Achievements
- Launched Cabify Mujer in Uruguay, increasing the number of women drivers by 214%
- Positively impacted 5,431 people through social initiatives
- 1% of sales from trips on specific dates donated to social projects in Colombia
Governance Achievements
- Updated global policies including Code of Ethics, Anti-Corruption and Fraud Policy, and Diversity, Equity and Inclusion Policy
- Achieved a score of 98/100 in Security Scorecard and ISO 27001 certification for Information Security Management System
Climate Goals & Targets
Long-term Goals:
- 100% of trips with Cabify in electric or decarbonized vehicles by 2025 in Spain and 2030 in Latin America
Medium-term Goals:
- Offer at least 4 sustainable mobility alternatives in the Cabify app by 2025
- 25% of participating employees in volunteer actions by 2025
- 750,000 citizens positively impacted through social initiatives by 2025
Short-term Goals:
- 100% of employees trained in sustainability and ethics by 2025
- 75% of suppliers accept our supplier code of conduct by 2025
- Gender diversity of the workforce between 40-50% by 2025
Environmental Challenges
- Climate crisis
- Economic inequality
- Population growth in cities
- Rapid changes in mobility dynamics
- Mobility regulation
- Insecurity
- Inflationary environment
- Data privacy and cybersecurity
Mitigation Strategies
- Creating stable and quality employment
- Improving and expanding transportation offer
- Reinforcing multimobility offering
- Expanding into new areas
- Collaborating with regulators
- Implementing security features
- Seeking maximum efficiency in travel
- Strengthening security and information systems
Supply Chain Management
Responsible Procurement
- Supplier code of conduct
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI, SASB, EFRAG
Certifications: ISO 9001, ISO 27001
Third-party Assurance: AENOR
UN Sustainable Development Goals
- SDG 8: Decent Work and Economic Growth
- SDG 11: Sustainable Cities and Communities
- SDG 13: Climate Action
Initiatives contribute to these goals through job creation, sustainable mobility solutions, and emission reduction efforts.
Sustainable Products & Innovation
- Cabify Eco category (electrified vehicles)
Awards & Recognition
- Five awards at the Diente Awards
- Bronze award at El Ojo de Iberoamérica
- First place in Mobility by Application category at CXI Index Ranking
- Madrid Excelente seal of business quality
- Included in Top 30 most valuable Spanish brands
- Award for Best Practices in Internal Communication