Lime Begins Charging Fleet with Renewable Energy

SAN FRANCISCO, Oct. 9, 2018 /PRNewswire/ -- Lime, the leader in dock-free mobility, today launched Lime Green, a long term global initiative focused on fighting climate change and building a more sustainable future. As the first step of this initiative, Lime has committed to carbon neutrality, becoming the first electric scooter company to make its entire fleet carbon free.

"Lime is a mission-driven company, built on the principles of sustainable cities. This initiative helps us deepen our environmental commitment, and empowers our riders to make a difference, knowing that each of their scooter or e-bike rides will be carbon free," said Andrew Savage, Lime Vice President of Sustainability. "Our goal has always been to transform the way people move in cities through greener alternatives, and we're proud to take this next step toward a more sustainable future."

Lime has partnered with NativeEnergy, a leading renewable energy and carbon project developer, to ensure all scooter and e-bike rides globally will be carbon neutral.  As part of Lime Green, the company will purchase renewable energy credits from both new and existing projects for the electricity used to charge its fleet of bikes and electric scooters. The company will also buy carbon offsets to account for the local operations and management of its fleet.

"Powering Lime rides with new sources of renewable energy is a great first step, and we're proud to partner with Lime on their Lime Green initiative," said Jeff Bernicke, CEO of NativeEnergy.  "By helping to build new sources of renewable energy, Lime is setting an even higher standard for their industry."

Investing in renewable energy and carbon offsets are just the first step in Lime Green and the company's fight against climate change. Lime plans to purchase clean energy directly from local utilities, explore on-site solar, and make Lime office spaces and other business activities more energy efficient. Lime is headquartered in a LEED Platinum building based in San Francisco.

"Carbon emissions from automobiles are the largest source of carbon emissions in Washington State, so to address our global challenges, I'm bullish about finding clean mobility options for as many communities as possible," Gov. Jay Inslee said. "Companies like Lime are providing innovative ways to make sustainable multimodal options more affordable and more viable for more people."

As part of this initiative, Lime's Vice President of Strategic Development and member of the company's founding team, Andrew Savage, will take a new position at Lime as Vice President and Head of Sustainability. Savage has experience in sustainability in local, state and federal government and is a former executive in the solar industry.  He will lead the company's expansion of Lime Green.

About Lime

Lime is revolutionizing mobility in cities and campuses by empowering residents with a greener, more efficient, and affordable transportation option that also improves urban sustainability. By partnering with local key stakeholders and systematically deploying a fleet of smart-bikes that are enabled with GPS, wireless technology, and self-activating locks, Lime will dramatically improve urban mobility by making the first and last mile faster, cheaper, and healthier for riders. Since launching in June 2017, the company has expanded internationally to Europe, and deployed electric scooters, electric-assist bikes, and multiple models of their standard pedal bike. Funded by Silicon Valley's leading VC firm Andreessen Horowitz, Lime is based in San Francisco, CA.

For more info on Lime, you can visit our FAQ here; you can also refer to the full list of cities Lime serves here. You can find Lime-S photos here, our b-roll here, and our full media kit here.

SOURCE Lime

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