Lyft's Climate Action Contribution
About Lyft's Climate Efforts
In April 2018, Lyft announced that all rides will be carbon-neutral going forward. This is a significant, multi-million dollar investment, that is anticipated to offset over a million metric tons of carbon, equivalent to planting at least 35 million trees in the first year alone. Lyft is the first rideshare company to offset all rides globally, and will become one of the largest voluntary purchasers of carbon offsets in the U.S., and among the top 10 globally - according to Lyft’s partner agency, 3Degrees -who rigorously verified the offsets according to recognized independent 3rd-party standards (VCS, ACR, CAR) and project-specific verification protocols.
This action is not the full solution, but a real step forward. By committing significant financial resources to these offsets, Lyft is building into our business a strong incentive to pursue shared rides and the displacement of gasoline-powered vehicles. The more shared rides and clean vehicles on the platform, the fewer carbon offsets Lyft will need to purchase.
Climate Action Commitments
Current Climate Actions Lyft Is Taking:
Commit to Reducing the Climate Impact of Your Transportation
Organizations making a commitment to reduce the climate impact of transportation should consider practices such as measuring transportation greenhouse gas emissions and setting reduction targets, switching fuels, optimizing the efficiency of shipping operations, and reducing transit- and travel-related greenhouse gas emissions. Businesses can develop a green transportation action plan to map the movement of goods to market and identify opportunities to increase efficiency. Organizations can buy hybrid and electric vehicles within their own fleet, and can reduce the footprint of their workforce through incentivizing public transportation, installing EV charging stations, promoting telework, and locating near transit centers.
New Climate Actions Lyft Commits To Take:
Commit to Increase Your Use of Renewable Power
Increasing your percentage of renewable energy sources is a key component of reducing overall GHG emissions. Installing onsite renewable generation, like solar panels, is a good long-term strategy if possible. But renewable energy can also be procured through Renewable Energy Credits (RECs), renewable power purchasing agreements (PPAs), and in some locations from retail electricity providers or local utilities that offers a high percentage of renewable power. Also consider becoming an EPA Green Power Partner.
Commit to Understand and Reduce Your Greenhouse Gas Emissions
Understanding your GHG emissions is the first step to making measurable reductions in those emissions. The EPA provides an overview report and CoolClimate Network provides a simple tool for “low emitters” to better understand sources of emissions, as well as how to use that information to set reduction targets. For this commitment, it is as simple as committing to complete a greenhouse gas inventory for your business or oganization, but in the future your inventory can be used to make a commitment to set a specific goal, such as “reduce GHG emissions by 50% by 2025.
Areas For Collaboration
We are interested in collaborating on the following:
- Aggregating demand for electric vehicles with other actors
- Encouraging more aggressive state targets for electric vehicles and GHG standards
- Promoting increased charging infrastructure