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Lyft, founded in 2012, is headquartered in San Francisco, United States, and has a presence in major cities in the US and selected cities in Canada. Its ride hailing platform has more than 40 million active users, making it the second largest ridesharing company in the US.
Summary
Lyft discloses information on some urban sustainability topics but lacks transparency in several key areas. The company has a publicly available policy statement outlining its approach to lobbying and political engagement. It also reports its greenhouse gas emissions. However, no evidence was found that the company has time-bound targets for reducing its scope 1 and 2 emissions, nor does it report on progress towards emissions reduction. In fact, its combined scope 1 and 2 emissions increased in the previous three reporting periods. Lyft also lacks regular reporting on air quality parameters. The company should address these gaps to improve transparency regarding its environmental performance.
In relation to sustainability governance, Lyft could establish a comprehensive sustainability strategy covering its most material impacts. Although the company has a time-bound target to transition to 100% electric vehicles (EVs) by 2030, it is unclear whether it has targets that encompass all of its material topics. Lyft should set and disclose time-bound and science-based targets for all its material impacts. The company should also disclose its policy commitments to respect human rights. Moreover, it should regularly report on the quality of its ride-hailing services.
Ranking position
#155
/300
Total score
9.4
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
12.5
/100
Rank (0-300)
#89
Measurement area
Inclusive Cities
Score
# 1
10.0
/100
Rank (0-300)
#182
Measurement area
Healthy Cities
Score
# 1
4.2
/100
Rank (0-300)
#138
Measurement area
Climate Proof & Resilient Cities
Score
# 1
6.7
/100
Rank (0-300)
#125
Measurement area
Core Social Indicators
Score
# 1
13.9
/100
Rank (0-300)
#127
Industries
Industries
Transport
#14
More about the company
Headquarters
United States of America
Ownership structure
Public
Revenue
USD 4,095 billion (2022)
Number of employees
4419 (2022)
Website
https://www.lyft.com
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