Cabonline
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:33,000 tonnes of CO2e in 2020 (estimated to decrease to close to 0 tonnes by 2030)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Action
- Safe Journeys
Environmental Achievements
- Increased fossil-fuel independent vehicles to 26% of the fleet in 2021
Social Achievements
- 73% of Cabonline’s car fleet had alcohol ignition interlocks in January 2022
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Achieve 100% fossil-fuel independent vehicles by 2030
- Achieve 100% cars with alcohol ignition interlocks by 2030
Short-term Goals:
- Increase fossil-fuel independent vehicles to 30% by 2023, 40% by 2024, and 50% by 2025
- Increase cars with alcohol ignition interlocks to 77% by 2023, 82% by 2024, and 87% by 2025
Environmental Challenges
- Supply chain issues and a shortage of semiconductors delaying the production of electric vehicles
- Scarcity of metals like Lithium as demand for electric vehicles increases
- Hydrogen fuel availability and engine accessibility
- Uneven spread of alcohol ignition interlocks across different countries of operation
Mitigation Strategies
- Implementing several initiatives to encourage the use of fossil-fuel independent vehicles (e.g., incentivizing transporters, improving charging infrastructure)
- Implementing several initiatives to increase the use of alcohol ignition interlocks (e.g., internal encouragement, advocating for mandatory roll-out)
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: ICMA Sustainability-Linked Bond Principles (SLBP)
Certifications: Null
Third-party Assurance: Independent third parties
UN Sustainable Development Goals
- SDG 3, SDG 5, SDG 8, SDG 10, SDG 11, SDG 13, SDG 15
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed