Shift Technologies, Inc., commonly referred to as Shift, is a prominent player in the automotive technology industry, headquartered in the United States. Founded in 2013, the company has rapidly evolved, focusing on transforming the way consumers buy and sell used vehicles through its innovative online platform. With a strong presence in major operational regions across the US, Shift offers a unique blend of services, including vehicle inspections, financing options, and a seamless online purchasing experience. Their commitment to transparency and customer satisfaction sets them apart in a competitive market. Notable achievements include significant funding rounds and partnerships that have bolstered their market position, making Shift a trusted name in automotive e-commerce.
How does Shift Technologies, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Shift Technologies, Inc.'s score of 26 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Shift Technologies, Inc. reported carbon emissions associated with its operations, focusing on specific scopes. The company has identified maintenance CO2e emissions per home managed at approximately 30.02 kg CO2e under Scope 1. Additionally, carbon emissions from business mileage were recorded at about 3.59 kg CO2e under Scope 3. Shift Technologies has set ambitious reduction targets, aiming for a significant decrease in emissions from both Scope 1 and Scope 2 by 2030. The company has committed to ensuring that 71.86% of its properties meet Energy Performance Certificate (EPC) C or above standards, which is expected to contribute to its overall emissions reduction strategy. These initiatives reflect Shift Technologies' commitment to addressing climate change and reducing its carbon footprint, aligning with industry standards for sustainability and environmental responsibility.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Shift Technologies, Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.