Is Cabify really ‘carbon neutral’ and what does that actually mean?
Yes, Cabify is a company that offsets its carbon emissions. That means we measure our carbon footprint and we offset it by funding projects to take the same amount of carbon dioxide out of the atmosphere that our activities put into it. We do this by collaborating with First Climate and Madre de Dios, a project that works with local communities in the Amazon rainforest in Peru to protect a zone of high ecological value and combat deforestation.
More information about this project:
How does it work?
Firstly, we use highly respected (and fully-certificated) carbon offsetting experts First Climate to measure the amount of carbon dioxide we generate as a business year on year, taking into account the CO2 from the millions of journeys on our platform, the energy needed to power our offices, and even our employees’ commutes to work.
Taking into account the total CO2 that we’ve generated, we then collaborate with the Madre de Dios project to offset these emissions. This project protects millions of trees from being cut down, thus combating global warming and protecting biodiversity. In 2018, we helped protect over 5.3 million trees.
Tell me more about the Madre de Dios project.
The Madre de Dios REDD+ project has been awarded gold level certification for the exceptional benefits it achieves. It lies in the Amazon Vilcabamba Amboró Conservation Corridor in the Peruvian Amazonia, an area of incredible biodiversity at threat from illegal logging. The project reduces unplanned deforestation, conserves biodiversity and improves the livelihood of local communities. You can learn more about the project here.
Why does Cabify do this?
We are conscious of the impact our actions have on the environment and therefore we have taken the decision to offset our emissions. This initiative is part of our Corporate Social Responsibility Plan and seeks to have a clear impact in the sustainable mobility of our cities. We are aligned with the Sustainable Development Objectives and the 2030 UN goals.