• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
climate change

Lyft Commits to Full Carbon Neutrality and Renewable Energy Ahead of Global Climate Action Summit

By
McKenna Moore
McKenna Moore
Down Arrow Button Icon
By
McKenna Moore
McKenna Moore
Down Arrow Button Icon
September 11, 2018, 5:19 PM ET

After purchasing carbon offsets to neutralize all of the emissions created by its rides, Lyft is officially a fully carbon neutral company. Announcing its new initiative at the beginning of this week’s 2018 Global Climate Action Summit, Lyft said it will also purchase renewable energy to cover all of its consumption through office space, driver hubs, and electric vehicles from its platform. The move makes Lyft one of the planet’s top 10 voluntary purchasers of carbon offsets.

These offset purchases come in addition to the Green Cities Initiative that Lyft announced earlier in the year. The business unit, aimed at tackling climate change and its side effects, started with a multi-million dollar carbon offset program. At first, the program covered all Lyft rides, but with this week’s announcement, it will now cover the company’s remaining emissions.

Lyft’s Green Cities Initiative also included partnerships with public transit agencies to make 50% of rides shared by 2020, as well as a bike and scooter share programs using the Lyft platform.

With these carbon offset purchases, Lyft has committed to purchasing its clean energy directly from local utility partners whenever possible. When that isn’t possible, Lyft said it will purchase renewable energy credits to ensure that all electricity it uses is renewable going forward.

About the Author
By McKenna Moore
Twitter icon
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.