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Uber Sets Goal to Reach Net-Zero Emissions by 2040

All rides worldwide would be in electric cars powered by carbon-free electricity.

Photographer: Angel Navarrete/Bloomberg

Uber Technologies Inc., one of the world’s largest ride-hailing companies, is pledging to eliminate all emissions from every trip booked on its platform globally by 2040.

Uber released on Tuesday a slate of targets that it said would slash its carbon footprint. It committed to spending $800 million by 2025 to help drivers switch to battery-powered electric vehicles (EVs). By 2030, the company expects all rides in the U.S., Canada and Europe will take place in EVs, a promise that will be extended around the world by 2040.  It also pledged that all electricity used to power those rides would be carbon-free by that year.