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The Business Case for Lyft's Influential Carbon Neutrality Commitment

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Lisa Boyd - Earlier this year Lyft announced that ‘every ride will now contribute to fighting climate change’ thanks to the company’s impressive commitment to become one of the world’s largest voluntary purchasers of carbon offsets. This talk will tell the story of Lyft’s carbon neutrality commitment and explain the way Lyft leadership sees the business case for it.

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The Business Case for Lyft's Influential Carbon Neutrality Commitment

  1. 1. The Business Case for Lyft’s Influential Carbon Neutrality Commitment LISA BOYD Lyft @lisabboyd
  2. 2. The Business Case for Lyft’s Carbon Neutrality Commitment Lisa Boyd Senior Manager, Social Impact
  3. 3. The average car is used 4% of the time. 76% of commuters drive alone. We have 700 million parking spots—enough to pave Connecticut. Transportation is one of the largest contributors to U.S. GHG emissions.
  4. 4. Improve people’s lives with the world’s best transportation.
  5. 5. Multimodal Shared Electric Autonomou s
  6. 6. Customer Acquisition & Engagement Employee Recruitment & Retention Policy Relationships & Key Decisions Measuring short term impact
  7. 7. Customer Acquisition & Engagement Employee Recruitment & Retention Policy Relationships & Key Decisions Market share gain in a key city driven by Carbon Offsets announcement.
  8. 8. People are proud to work for Lyft & would recommend a friend. "I'm proud because of the focus on social and environmental impact and commitment for investing in those areas." "We're saving the planet." Customer Acquisition & Engagement Employee Recruitment & Retention Policy Relationships & Key Decisions
  9. 9. Positive feedback from many policymakers. Significant cost savings in 2018 from swing vote on a state bill. Customer Acquisition & Engagement Employee Recruitment & Retention Policy Relationships & Key Decisions
  10. 10. Multimodal Shared Electric Autonomou s
  11. 11. Operational Efficiencies
  12. 12. Source: McKinsey Global Survey Shareholder Value
  13. 13. Industry Innovation
  14. 14. Thank you Lisa Boyd - lboyd@lyft.com

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