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Lyft Inc

Common Name
Lyft
Country
United States
Sector
Technology
Industry
Software - Application
Employees
2,934
Ticker
LYFT
Exchange
NASDAQ/NGS
Description
Lyft Inc. is a ride-sharing company that provides transportation services across cities in North America. Its primary function is to connect passengers looking for convenient and affordable rides with...

Lyft's GHG Emissions Data Preview

In 2024, Lyft completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Lyft has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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b
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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a
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a
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b
0000000
Total Scope 3
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a
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
0000000
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Verified Sources Behind Lyft’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Lyft’s data sources below and access millions more through our Disclosure Search.

a. Lyft's ESG Report 2024
a. Lyft's ESG Report 2024
b. Lyft's ESG Report 2023
b. Lyft's ESG Report 2023

Insights into Lyft's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofLyft amounted to5,140metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Lyftincreased by 1.68%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Lyft's Scope 1 Emissions Over Time

2020202120222023202406501.3 k1.95 k2.6 ktCO2e+42%+145%-27%+35%
  • Total Scope 1
  • Year-over-Year Change

What are Lyft's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Lyft were 2,451 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Lyft reduced its Scope 1 emissions over time?

Since 2020, Lyft's Scope 1 emissions have increased by 241.36%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Lyft's Scope 1 emissions increased by 35.12%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Lyft's Scope 2 emissions?

In 2024, Lyft reported Scope 2 greenhouse gas (GHG) emissions of 1,870 tCOâ‚‚e using the market-based method and 2,689 tCOâ‚‚e using the location-based method.a

Has Lyft reduced its Scope 2 emissions over time?

Since 2020, Lyft's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 67.17%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Lyft's Scope 2 emissions(Location-Based) fell by 17.03% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Lyft use for Scope 2 reporting?

In 2024, Lyft reported its Scope 2 emissions using the market-based method and using the location-based method.a

Lyft's Scope 2 Emissions Over Time

2020202120222023202402.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Lyft's Value Chain Emissions

In 2024, Lyft reported 2,351,229 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Lyft includes a breakdown across 10of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Lyft's Scope 3 Emissions Over Time

202020212022202320240600 k1.2 M1.8 M2.4 MtCO2e+10%+17%+30%+4%
  • Total Scope 3
  • Year-over-Year Change

What are Lyft's Scope 3 emissions?

In 2024, Lyft reported total Scope 3 emissions of 2,351,229 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 6.55%of these emissions originated from upstream activities such as purchased goods and capital goods, while 93.45%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Lyft reduced its Scope 3 emissions over time?

Since 2020, Lyft's Scope 3 emissionshave increased by 73.44%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Lyft's Scope 3 emissions remained relatively stable, indicating that Lyft's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Lyft disclose?

In 2024, Lyft reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Lyft's Scope 3 emissions?

In 2024, the largest contributors to Lyft's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 2,196,775 tCOâ‚‚e(93.43%)
  • Purchased Goods and Services (Cat. 1): 148,669 tCOâ‚‚e(6.32%)
  • Business Travel (Cat. 6): 1,689 tCOâ‚‚e(0.07%)

Lyft's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(6.3%)Use of Sold Products(Cat. 11)(93.4%)

Insights into Lyft’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Lyft reported Scope 1 greenhouse gas (GHG) emissions of 2,451 tCOâ‚‚e and total revenues of USD 5,786 millions. This translates into an emissions intensity of 0.42 tCOâ‚‚e per millions USD.a

Lyft's Scope 1 Emissions Intensity Compared to Peers

10502002,00010,000Scope 1 Emissions (tCO2e)2005002,00010,00020,000Revenues (Millions of USD)SBSCommvault SystemsYear: 2025Scope 1: 638 tCO2eRevenue: $M 996Scope 1 Intensity: 0.64 tCO2e/$MWorkivaYear: 2024Scope 1: 209 tCO2eRevenue: $M 739Scope 1 Intensity: 0.28 tCO2e/$MRoper TechnologiesYear: 2024Scope 1: 3,745 tCO2eRevenue: $M 7,039Scope 1 Intensity: 0.53 tCO2e/$MSSSS&C Technologies HoldingsYear: 2023Scope 1: 676 tCO2eRevenue: $M 5,505Scope 1 Intensity: 0.12 tCO2e/$MUnity SoftwareYear: 2024Scope 1: 493 tCO2eRevenue: $M 1,813Scope 1 Intensity: 0.27 tCO2e/$MDynatraceYear: 2024Scope 1: 294 tCO2eRevenue: $M 1,431Scope 1 Intensity: 0.21 tCO2e/$MServiceNowYear: 2024Scope 1: 2,884 tCO2eRevenue: $M 10,982Scope 1 Intensity: 0.26 tCO2e/$MGuidewire SoftwareYear: 2024Scope 1: 26 tCO2eRevenue: $M 981Scope 1 Intensity: 0.03 tCO2e/$MSmartsheetYear: 2024Scope 1: 90 tCO2eRevenue: $M 958Scope 1 Intensity: 0.09 tCO2e/$MBlackbaudYear: 2024Scope 1: 52 tCO2eRevenue: $M 1,156Scope 1 Intensity: 0.05 tCO2e/$MAlightYear: 2024Scope 1: 2,862 tCO2eRevenue: $M 2,332Scope 1 Intensity: 1.23 tCO2e/$MDayforceYear: 2024Scope 1: 230 tCO2eRevenue: $M 1,760Scope 1 Intensity: 0.13 tCO2e/$MPaycom SoftwareYear: 2024Scope 1: 558 tCO2eRevenue: $M 1,883Scope 1 Intensity: 0.30 tCO2e/$MBBBlackLineYear: 2023Scope 1: 17 tCO2eRevenue: $M 590Scope 1 Intensity: 0.03 tCO2e/$MSSSPS CommerceYear: 2023Scope 1: 160 tCO2eRevenue: $M 537Scope 1 Intensity: 0.30 tCO2e/$MPaychexYear: 2025Scope 1: 2,353 tCO2eRevenue: $M 5,572Scope 1 Intensity: 0.42 tCO2e/$MCadence Design SystemsYear: 2024Scope 1: 2,087 tCO2eRevenue: $M 4,641Scope 1 Intensity: 0.45 tCO2e/$MBentley SystemsYear: 2024Scope 1: 1,604 tCO2eRevenue: $M 1,353Scope 1 Intensity: 1.19 tCO2e/$MAutodeskYear: 2024Scope 1: 555 tCO2eRevenue: $M 6,133Scope 1 Intensity: 0.09 tCO2e/$MWorkdayYear: 2024Scope 1: 2,752 tCO2eRevenue: $M 8,447Scope 1 Intensity: 0.33 tCO2e/$MPTCYear: 2024Scope 1: 963 tCO2eRevenue: $M 2,298Scope 1 Intensity: 0.42 tCO2e/$MLyftYear: 2024Scope 1: 2,451 tCO2eRevenue: $M 5,786Scope 1 Intensity: 0.42 tCO2e/$M

How does Lyft's GHG emissions intensity compare to its peers?

In 2024, Lyft reported a Scope 1 emissions intensity of 0.42 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.28, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Lyft rank on GHG emissions intensity within its industry?

In 2024, Lyft ranked 17 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Lyft among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Lyft's Total Carbon Footprint

In 2024, Lyft reported a total carbon footprint of 2,356,369 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.59% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Lyft's total carbon footprint was Scope 3 emissions, accounting for 99.78% of the company's total carbon footprint, followed by Scope 2 emissions at 0.11%.a

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