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    Home»Environment»Spiro sets 2040 net-zero target as first sustainability report highlights climate and economic gains
    Environment

    Spiro sets 2040 net-zero target as first sustainability report highlights climate and economic gains

    Markel ZillaBy Markel ZillaJuly 23, 2026No Comments4 Mins Read
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    Dubai, UAE Spiro, a prominent electric mobility company in Africa, has released its first Sustainability Report. This report reveals significant environmental goals, such as reaching net-zero Scope 1 and Scope 2 emissions by 2040, and highlights electric mobility’s role as a crucial catalyst for economic development and climate initiatives throughout the continent.

    Issued on July 21, this report offers the company’s initial thorough evaluation of its environmental, social, and economic effects. It sets a foundational benchmark for tracking future advancements as Spiro broadens its clean transportation infrastructure and cost-effective mobility offerings throughout Africa.

    According to the report, Spiro’s expanding electric mobility network is anticipated to prevent around 700,000 tonnes of carbon dioxide emissions each year by 2030, achieved by substituting gasoline-fueled motorcycles with electric models. Furthermore, the company is investigating the deployment of 80–125 KVA on-site solar power systems at specific battery-swapping locations. This initiative aims to enhance energy independence and decrease dependence on traditional electricity networks.

    Gagan Gupta, who founded Spiro and chairs Equitane, stated that the company’s sustainability goals stem from a long-range perspective focused on harmonizing innovation with environmental and social accountability.

    “At SPIRO, our responsibility as founders is not only to scale innovation, but to ensure that the systems we build endure economically, socially, and environmentally for generations to come,” Gupta said.

    Anant Badjatya, the Group Chief Executive Officer, noted that sustainability is now a core element of the company’s business strategy as its operations grow throughout Africa.

    “This report reflects how far SPIRO has come—not only in terms of growth, but in our ability to measure and improve our impact. As we expand across Africa, sustainability will remain a core business driver, shaping how we invest, manufacture, innovate and partner for the long term,” he said.

    This report additionally represents Spiro’s initial thorough inventory of greenhouse gas emissions, encompassing Scope 1, Scope 2, and Scope 3 emissions throughout its entire operational and value chain. According to company representatives, this establishes a basis for setting quantifiable climate goals and enhancing transparency as the enterprise expands.

    The report indicates that operational efficiency measures introduced over the last year have already led to an estimated 15–25% reduction in energy use at the company’s assembly plants. This demonstrates continuous efforts to diminish the environmental impact of its manufacturing activities.

    In addition to its environmental pledges, Spiro states that its electric mobility framework provides concrete economic advantages for commercial motorcycle operators. Spiro calculates that individuals using its electric motorcycles can decrease their operational expenses by 70% to 80% when contrasted with gasoline-powered bikes. They also gain from reduced maintenance expenditures and less vulnerability to volatile fuel prices.

    The report further emphasizes investments made in developing skills and fostering local industrialization. In 2025, the Spiro Academy provided training to over 4,000 individuals throughout Africa in areas such as electric vehicle maintenance, battery management, and technical operations. Additionally, it notes the creation of Africa’s inaugural electric motorcycle assembly line staffed by women, an initiative aimed at advancing workforce diversity and bolstering domestic manufacturing capabilities.

    Imtinen Hamlaoui, the Head of ESG and Sustainability, stated that this initial report establishes the foundation for enhanced accountability and the generation of enduring value.

    “By establishing our first comprehensive ESG baseline, including Scope 1, 2 and 3 emissions, we are creating the foundations needed to track progress, set measurable targets and strengthen transparency as SPIRO continues to scale across Africa. Sustainability is not a standalone initiative—it is integrated into how we operate, innovate and create long-term value,” Hamlaoui said.

    Spiro presently manages the most extensive battery-swapping network for electric two-wheeled vehicles in Africa. The company reports having deployed over 100,000 electric motorcycles, set up more than 2,500 battery-swapping stations, and facilitated over 30 million battery exchanges. Spiro states its objective is to hasten the shift towards cleaner and more economical transportation, concurrently increasing local vehicle manufacturing in line with its aspiration to produce electric vehicles “made in Africa by Africans for Africa and the world.”

    2040 netzero sets Spiro target
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    Markel Zilla
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