• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
lime

Lime Aims to Make Its Bike and Scooter Sharing Business Carbon Neutral

By
Renae Reints
Renae Reints
Down Arrow Button Icon
By
Renae Reints
Renae Reints
Down Arrow Button Icon
October 9, 2018, 1:00 PM ET

Lime—known for its free-floating, bright green scooters and bikes that provide an alternative to gas-guzzling cars around the world—has vowed to go carbon neutral through its “Lime Green” initiative, the company said Tuesday.

To aid this program, Lime has partnered with NativeEnergy, an nonprofit organization dedicated to providing sustainability solutions for companies like eBay, Keurig Green Mountain, and Ben & Jerry’s. Lime will fund carbon-reduction projects through NativeEnergy to offset the emissions from its management vehicles; it also plans to purchase renewable energy credits.

Lime’s bikes and scooters are already electric-powered, but the company is making extra efforts to ensure that electricity comes from renewable sources. According to a Lime press release, the company will be investing in a solar project in Iowa to “green its fleet” in Minneapolis. It’ll also be purchasing energy from Texas’s Capricorn Ridge Wind Farm to power its vehicles in Austin, Dallas, and San Antonio.

Lime’s vice president of strategic development, Andrew Savage, will be leading the Lime Green initiative in his new role as vice president and head of sustainability, the company said.

According to Axios, Lime did not report the cost of these initiatives, but said prices would not increase for users.

The company’s Lime Green announcement comes in the wake of an eye-opening report from the Intergovernmental Panel on Climate Change, which states the world will need to undergo drastic changes if it wishes to avoid the most harmful effects of climate change.

About the Author
By Renae Reints
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.